Chinese CRC prices likely to keep stable in August
2013-07-29 15:10:12
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The third quarter, especially July and August, is traditional slack season for steel market.Asian Metal Copyright Generally speaking, demand from downstream industries will remain soft in August.Asian Metal Copyright However, compared with that in June, Chinese CRC market made some improvements in July.Asian Metal Copyright In recent days, prices of raw materials like steel billet and iron ore have increased to some extent, and the output of crude steel has been reduced.Asian Metal Copyright In recent days, prices of raw materials like steel billet and iron ore have increased to some extent, and the output of crude steel has been reduced.Asian Metal Copyright Even though international trade conflict still exists between China and many other countries, export prices of CRC and many other steel products have gone up by different degrees since early July.Asian Metal Copyright Even though international trade conflict still exists between China and many other countries, export prices of CRC and many other steel products have gone up by different degrees since early July.Asian Metal Copyright Even though international trade conflict still exists between China and many other countries, export prices of CRC and many other steel products have gone up by different degrees since early July.Asian Metal Copyright Some big steel mills announced to keep ex-works prices of CRC unchanged for August production, and some even lifted their list prices.Asian Metal Copyright In recent days, prices of raw materials like steel billet and iron ore have increased to some extent, and the output of crude steel has been reduced.Asian Metal Copyright Generally speaking, demand from downstream industries will remain soft in August.Asian Metal Copyright However, compared with that in June, Chinese CRC market made some improvements in July.Asian Metal Copyright In consequence, insiders deem the price of CRC will be stable as a whole in August.
.Asian Metal Copyright Even though international trade conflict still exists between China and many other countries, export prices of CRC and many other steel products have gone up by different degrees since early JulyAsian Metal Copyright