CRC Market Report October 2013
2013-11-04 09:29:25 【Print】
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This month, prices of CRC in Chinese leading markets were still on the downward track, dragged by the weak demand from downstream industries
. Most steel mills stopped hiking the list price of CRC for November production and mainly kept it unchanged . Market participants were not confident of the coming market and not active in placing orders . Prices of raw materials showed some signs of moving up at the end of this month . It was predicted that they were likely to increase in November . Taking all these factors into consideration, insiders deem the price of CRC will generally keep stable in the following month.