HRC Market Report September 2014
2014-10-08 11:17:44 【Print】
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During this month, HRC prices decreased significantly in major cities because of weak downstream demand and lower purchase cost from mills. Traders complained a lot about the dim market as most downstream processing mills are struggling with the lack of capitals. Since some leading mills had completed the yearly sales goal, they may remain list prices unchanged in the short run. Therefore, insiders predict a stable market price for HRC in the coming month.
