Section Steel Market Report December 2013

Supported by the low market inventory as well as higher ex-works prices, prices of section steel in some markets showed an upward trend this month.Asian Metal Copyright Therefore, prices in some markets didn’t go up and even demonstrated a downward trend.Asian Metal Copyright However, downstream demand remained unreleased and the sales performance for most domestic buyers was not satisfying.Asian Metal Copyright The market of section steel will be half-closed one or two weeks before the Chinese Lunar New Year and traders are unlikely to adjust offers seeing the departure of customers.Asian Metal Copyright Therefore, prices in some markets didn’t go up and even demonstrated a downward trend.Asian Metal Copyright Market participants will have a seven-day Spring Festival holiday starting at the end of January.Asian Metal Copyright Market participants will have a seven-day Spring Festival holiday starting at the end of January.Asian Metal Copyright Insiders believe market prices will be stable next month considering the limited transaction days in January.Asian Metal Copyright The market of section steel will be half-closed one or two weeks before the Chinese Lunar New Year and traders are unlikely to adjust offers seeing the departure of customers.Asian Metal Copyright The market of section steel will be half-closed one or two weeks before the Chinese Lunar New Year and traders are unlikely to adjust offers seeing the departure of customers.Asian Metal Copyright Insiders believe market prices will be stable next month considering the limited transaction days in January.
.Asian Metal CopyrightSupported by the low market inventory as well as higher ex-works prices, prices of section steel in some markets showed an upward trend this monthAsian Metal Copyright