Strip Market Report April 2013

Prices of HR strip witnessed an up-down trend in April, and they fluctuated several times.Asian Metal Copyright The GDP in Q1 showed that the rate of economic growth slowed down, which means the market was hard to make improvements to some extent.Asian Metal Copyright Since the market did not make much progress this month and prices decreased slightly, most traders were pessimistic about the coming market.Asian Metal Copyright The market transaction was flat and downstream mills such as welded pipe mills also found it hard to make deals, so they did not place large orders of materials-HR strip.Asian Metal Copyright The GDP in Q1 showed that the rate of economic growth slowed down, which means the market was hard to make improvements to some extent.Asian Metal Copyright Since the market did not make much progress this month and prices decreased slightly, most traders were pessimistic about the coming market.Asian Metal Copyright The market transaction was flat and downstream mills such as welded pipe mills also found it hard to make deals, so they did not place large orders of materials-HR strip.Asian Metal Copyright Since the market did not make much progress this month and prices decreased slightly, most traders were pessimistic about the coming market.Asian Metal Copyright The demand from downstream buyers is soft, so prices of most steel products declined further this month.Asian Metal Copyright The GDP in Q1 showed that the rate of economic growth slowed down, which means the market was hard to make improvements to some extent.Asian Metal Copyright Under the unsatisfying atmosphere of whole steel market, the price of HR strip is likely to go down next month.Asian Metal CopyrightPrices of HR strip witnessed an up-down trend in April, and they fluctuated several times.Asian Metal Copyright