HRC Market Report August 2014
2014-09-01 13:34:08 【Print】
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During this month, HRC prices decreased significantly in major cities because of weak downstream demand and financial pressure at the end of the month
. Though major mills stabilized list prices for HRC, some other small mills cut prices following the market trend, offering less support . Insiders think the price may run on the current level in the coming month on the sales pressure for mills and traders.