HRC Market Report June 2014
2014-07-01 12:02:36 【Print】
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During this month, HRC prices in futures market increased significantly and contract like hc1406 concluded at a high price
. In spot market, traders controlled inventory tightly at a low level, which supported the market price in such a drop-off season . However, most mills were active in purchasing raw materials and produced with high utilization rate, and insiders think this may lead to a price decrease in July.