Section Steel Market Report March 2015

The Chinese section steel market remained sluggish during March, with prices in some cities demonstrating a downward trend. Most end users only purchased in sufficient quantities to meet their urgent needs, so downstream demand showed no signs of releasing in March.Asian Metal Copyright Most end users only purchased in sufficient quantities to meet their urgent needs, so downstream demand showed no signs of releasing in March.Asian Metal Copyright However, insiders believe downstream demand will gradually become stronger in April as the weather gets warmer.Asian Metal Copyright As a result, insiders believe section steel prices will increase to some extent in April.Asian Metal Copyright Moreover, the supply is likely to be tight next month as many steel mills will be required to shut down their furnaces to reduce air pollutants.Asian Metal CopyrightThe Chinese section steel market remained sluggish during March, with prices in some cities demonstrating a downward trend.Asian Metal Copyright As a result, insiders believe section steel prices will increase to some extent in April.