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.
