HRC Market Report October 2013
2013-11-01 18:09:10 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Within this month, Chinese domestic HRC price decreased by RMB40-60/t
. However, at the end of the month, the price show signs of rebounding, which strengthened traders’ confidence in the coming market . Besides, the market inventory kept decreasing in the month, and traders were cautious about building high stocks for consumption in winter. Therefore, the price is likely to increase by about RMB100/t in the coming month.