Section Steel Market Report December 2014

The Chinese section steel market continued to be sluggish in the last month of 2014, with downstream demand remaining unreleased. As a result, section steel prices in major domestic cities demonstrated a downward trend.Asian Metal Copyright January is traditionally considered the off-season for the section steel industry due to the cold weather and approaching Chinese Lunar New Year.Asian Metal Copyright January is traditionally considered the off-season for the section steel industry due to the cold weather and approaching Chinese Lunar New Year.Asian Metal CopyrightThe Chinese section steel market continued to be sluggish in the last month of 2014, with downstream demand remaining unreleased.Asian Metal Copyright Therefore, insiders believe that the section steel market is unlikely to get any better next month and section steel prices will decline further.