Monthly Section Steel & Steel Pipe Market Report Dec 2020

1. Market Highlights

Prices of section steel and steel pipe went up obviously in major Chinese domestic markets during the month. The continuous price increase of raw materials boosted steel mills to lift EXW prices of finished steel to a large extent in the first half of the month.Asian Metal Copyright The demand from downstream industries remained relatively sufficient in the first half of the month and end users purchased regularly.Asian Metal Copyright Besides, the better export market performance strengthened domestic market participants' confidence to some degree.Asian Metal Copyright However, the market performance turned to unsatisfactory late this month following the frequent price fluctuation.Asian Metal Copyright The demand from downstream industries remained relatively sufficient in the first half of the month and end users purchased regularly.Asian Metal Copyright Both traders and end users were confused about the market prospect late this month, with wait-and-see attitudes, while steel mills raised prices actively boosted by the higher production costs.Asian Metal Copyright However, the market performance turned to unsatisfactory late this month following the frequent price fluctuation.Asian Metal Copyright However, the market performance turned to unsatisfactory late this month following the frequent price fluctuation.Asian Metal Copyright Both traders and end users were confused about the market prospect late this month, with wait-and-see attitudes, while steel mills raised prices actively boosted by the higher production costs.

.Asian Metal Copyright However, the market performance turned to unsatisfactory late this month following the frequent price fluctuation.Asian Metal Copyright