Strip Market Report December 2015
2016-01-08 09:29:12
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Chinese HR strip prices saw an upward trend during the month mainly supported by higher raw material costs and the increase in steel mills’ list prices.Asian Metal CopyrightChinese HR strip prices saw an upward trend during the month mainly supported by higher raw material costs and the increase in steel mills’ list prices.Asian Metal Copyright As steel billet prices went up, major HR strip producers raised their prices accordingly.Asian Metal Copyright However, with downstream customers still struggling amid the gloomy economy and traditional off-season, the market sales performance continued to be poor.Asian Metal Copyright However, with downstream customers still struggling amid the gloomy economy and traditional off-season, the market sales performance continued to be poor.Asian Metal CopyrightChinese HR strip prices saw an upward trend during the month mainly supported by higher raw material costs and the increase in steel mills’ list prices.Asian Metal Copyright Traders refused to build substantial stockpiles to avoid any risks and the market inventory remained low.Asian Metal Copyright Traders refused to build substantial stockpiles to avoid any risks and the market inventory remained low.Asian Metal Copyright With Chinese New Year almost upon us, insiders predict the market will remain dim in the coming month.Asian Metal CopyrightChinese HR strip prices saw an upward trend during the month mainly supported by higher raw material costs and the increase in steel mills’ list prices.Asian Metal Copyright
