HRC Market Report December 2014
2015-01-05 11:52:34 【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 this month, prices for HRC in China’s major cities showed differing trends. In North China, market prices were dragged down noticeably by lower ex-works prices from mills, while those in South and East China were supported by low market inventories and limited deliveries from mills. At the end of the month, it was confirmed that the 9% tax rebate for HRC will not be canceled at this time. But even though the export market has returned to business as usual, insiders do not think the HRC price will increase in the coming month because of the price competition from Russia and Japan.
