Strip Market Report September 2014
2014-10-08 18:17:54 【Print】
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Although September is traditionally the peak season for HR strip, the market in China failed to show any progress during the month. Demand for HR strip showed no signs of releasing, and prices witnessed a downward trend
. With supply exceeding demand, market participants were not optimistic about the market prospects for October . And given that the price of HR strip is quite low, insiders expect the market to remain sluggish, while the price is likely to be stable next month.