Section Steel Market Report October 2014

H-beam steel prices maintained their downward trend this month, while prices for angle steel and channel steel didn’t decrease any further, supported by the recovery in the price of some raw materials. Though October is considered as being peak season for the section steel industry, the market performance wasn’t at all satisfactory.Asian Metal CopyrightH-beam steel prices maintained their downward trend this month, while prices for angle steel and channel steel didn’t decrease any further, supported by the recovery in the price of some raw materials.Asian Metal Copyright The cold weather in November is unsuitable for outdoor construction projects in North China.Asian Metal Copyright Therefore, insiders believe the market is likely to become more sluggish next month and section steel prices will decline.Asian Metal Copyright Therefore, insiders believe the market is likely to become more sluggish next month and section steel prices will decline.