Strip Market Report August 2013

Market prices of HR strip fluctuated and went up in most regions thought the ex-works prices were same as those at the beginning of the month.Asian Metal Copyright Since the demand from downstream industries was soft, most traders did not place large orders from mills to avoid potential losses.Asian Metal Copyright Since the demand from downstream industries was soft, most traders did not place large orders from mills to avoid potential losses.Asian Metal CopyrightMarket prices of HR strip fluctuated and went up in most regions thought the ex-works prices were same as those at the beginning of the month.Asian Metal Copyright The market was inactive and the transaction was flat.Asian Metal CopyrightMarket prices of HR strip fluctuated and went up in most regions thought the ex-works prices were same as those at the beginning of the month.Asian Metal Copyright Though September is the traditional peak season for steel market, the demand form downstream buyers showed no signs of releasing at the end of the month, and the price of raw material showed a downward trend.Asian Metal Copyright Since the demand from downstream industries was soft, most traders did not place large orders from mills to avoid potential losses.Asian Metal Copyright However, the supply was a little tight, and some mills begin to maintain equipments in the short term.Asian Metal Copyright In view of that, insiders deem that though the price is likely to go up in September, the market will keep quiet in early September.Asian Metal Copyright In view of that, insiders deem that though the price is likely to go up in September, the market will keep quiet in early September.Asian Metal Copyright The market was inactive and the transaction was flat.Asian Metal Copyright