CRC Market Report December 2014

The CRC market continued to show a complete lack of activity in the last month of 2014. In the traditional off-season for steel consumption, demand for CRC from the automobile industry grew even weaker, as development within the national economy slowed and a number of policies were introduced restricting car purchases.Asian Metal Copyright Insiders predict that there is no possibility of prices going up in January.Asian Metal Copyright Steel mills failed once again to lift their ex-works prices for CRC with regard to January 2015 orders, due to the continuing decline in raw material prices.Asian Metal CopyrightThe CRC market continued to show a complete lack of activity in the last month of 2014.Asian Metal Copyright Insiders predict that there is no possibility of prices going up in January.