HRC Market Report January 2015
2015-02-02 17:43:31 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Over the course of the month, prices for HRC in China’s major cities plummeted because of the weak downstream demand
. At the same time, export orders with shipment in January were fewer due to uncertainty over the tax rebate policy the previous month . In addition, the continuing decline in raw material prices offered little support to finished steel market prices . As we approach the long Spring Festival holiday, insiders predict a generally stable HRC market price in China over the coming month.