Wire Rod and Rebar Market Report February 2015
2015-03-06 11:30:44 【Print】
Please contact us for a subscription.
The construction steel market in China continued to perform sluggishly this month, because the demand from downstream industries weakened in the run-up to the Spring Festival holiday. Participants took a 7-10 day break and most engineering projects were not operating during the holiday
. In addition, the support from production costs remained weak with prices for raw materials still at a low level . Insiders predict the performance of the construction steel market will continue to disappoint in the first half of March, although it is likely to see a slight improvement in the latter half.