HRC Market Report December 2013
2014-01-02 09:26:36 【Print】
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Within this month, Chinese HRC prices witnessed different trends in main cities. Prices in North and East China increased by RMB20/t supported by low market inventory, while those in South China decreased significantly because mills delivered more materials and traders faced heavy financial pressure. Considering the following market, insiders foresee a stable price because of traders’ wait-and-see attitude and the coming long Spring Festival holiday.
