HRC Market Report November 2014
2014-12-02 09:08:24 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Over the course of the month, HRC prices in North China remained stable in general, while those in East and South China began to climb. Around the middle of the month, the Central Bank announced plans to lower interest and loan rates, which was taken as positive news for the steel sector and prices in the futures market increased dramatically. At the same time, most leading HRC mills maintained stable ex-works prices and began overhauling production lines. Insiders predict generally stable HRC prices in the coming month.
