HRC Market Report November 2013
2013-12-02 17:24:05 【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 HRC prices witness different trend in main cities. Prices in North China decreased by RMB60/t, but those in East China and South China increased by RMB20/t and RMB90/t respectively at the same time as predicted before. The general market inventory run on a low level, and traders failed to build high stocks because of lack of money. In the mean time, the supply in East China was sufficient and demand in North China was weak. Therefore, insiders think Chinese domestic HRC price is likely to be general stable in the coming month.
