Section Steel Market Report June 2015

Section steel prices decreased to some extent in major Chinese cities this month, affected by the weak downstream demand and lower raw material prices. July is traditionally considered to be the off-season for the section steel industry due to the high temperatures and rainy weather.Asian Metal Copyright Most domestic traders are not confident about the market outlook.Asian Metal Copyright Most domestic traders are not confident about the market outlook.Asian Metal CopyrightSection steel prices decreased to some extent in major Chinese cities this month, affected by the weak downstream demand and lower raw material prices.Asian Metal Copyright Therefore, insiders believe section steel prices will decrease further in July.