Section Steel Market Report September 2015

Section steel prices demonstrated a downward trend in major Chinese cities this month due to the weak downstream demand. Although September and October are traditionally considered to be the high season for steel consumption in China, the market performance hasn’t shown any signs of improving to date.Asian Metal Copyright Although September and October are traditionally considered to be the high season for steel consumption in China, the market performance hasn’t shown any signs of improving to date.Asian Metal Copyright Moreover, the price of the raw material, steel billets, was still on a downward trend.Asian Metal Copyright .Asian Metal Copyright Therefore, insiders believe that section steel prices will decrease further next month.