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    Steel scrap prices possible to slide for downward steel market

    2013-03-28 17:14:12   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    Steel mills reduced consumption of steel scrap due to weak demand for steel products in 2012 and steel scrap prices hovered around low level all year around.Asian Metal Copyright New policies for real estate market and news about environmental protection check triggered downward trend in the steel market again, so steel scrap prices may further slide in the near-term.Asian Metal Copyright After the Spring Festival, domestic steel mills increased capacity significantly due to an upward expectation, which resulted in serious oversupply in steel market.Asian Metal Copyright Affected by this, steel scrap prices trended downwards.Asian Metal Copyright Affected by this, steel scrap prices trended downwards.Asian Metal Copyright New policies for real estate market and news about environmental protection check triggered downward trend in the steel market again, so steel scrap prices may further slide in the near-term.Asian Metal Copyright New policies for real estate market and news about environmental protection check triggered downward trend in the steel market again, so steel scrap prices may further slide in the near-term.Asian Metal Copyright New policies for real estate market and news about environmental protection check triggered downward trend in the steel market again, so steel scrap prices may further slide in the near-term.Asian Metal Copyright
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