Steel Plate Market Report August 2014
2014-09-01 10:24:00 【Print】
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In the absence of any improvement in downstream demand, Chinese steel plate prices nationwide continued to slide and the markdown was greater in some markets than in others in August
. During the month, many steel mills lowered their ex-works prices, which sent a negative signal to the spot market . However, the price is very low compared with the corresponding period last year . Insiders predict that steel plate prices are likely to rebound in September with an improvement in demand expected.