Iron Market Report May 2013
2013-06-05 18:08:32
【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.
Prices of cast iron and S.Asian Metal Copyright In addition, no major recoveries were seen at raw material market and cost stabilized at low levels, so pig iron market was worse in the dull season as players were negative on the market.Asian Metal CopyrightG cast iron accelerated to move down in May. Mainstream prices dropped by RMB100-150/t, or RMB200/t.Asian Metal Copyright Deals still remained quiet in the dull season as traders worked on a hand-to-mouth basis.Asian Metal Copyright Deals still remained quiet in the dull season as traders worked on a hand-to-mouth basis.Asian Metal Copyright In addition, no major recoveries were seen at raw material market and cost stabilized at low levels, so pig iron market was worse in the dull season as players were negative on the market.Asian Metal Copyright Steel mills holding high inventories made tiny profits, and cut the price to stimulate deals and to reduce inventories.Asian Metal CopyrightG cast iron accelerated to move down in May.Asian Metal Copyright Some steel mills also suspended the production for maintenance to deal with this dim market.Asian Metal Copyright Some steel mills also suspended the production for maintenance to deal with this dim market.Asian Metal Copyright In addition, no major recoveries were seen at raw material market and cost stabilized at low levels, so pig iron market was worse in the dull season as players were negative on the market.Asian Metal Copyright Steel mills holding high inventories made tiny profits, and cut the price to stimulate deals and to reduce inventories.Asian Metal Copyright
