Section Steel Market Report June 2014
2014-07-02 09:10:09 【Print】
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Section steel prices continued to fall this month due to lower raw material prices and downstream buyers’ non-committal purchasing attitudes. July and August are traditionally the off-season for the section steel industry, because of the hot and rainy weather
. Under such conditions, it is difficult to see significant downstream demand being released . However, the price of the raw material - iron ore - showed signs of rebounding at the end of this month . Considering these factors, insiders believe that section steel prices will be unchanged next month.