Iron Market Report December 2015

The iron market stayed quiet most of the time in the month and only slightly moved upward with supply tightening late the month when some buyers, especially the distributors, returned to place some orders.Asian Metal CopyrightG.Asian Metal Copyright Though producers of both cast iron and S.Asian Metal CopyrightThe iron market stayed quiet most of the time in the month and only slightly moved upward with supply tightening late the month when some buyers, especially the distributors, returned to place some orders.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal Copyright cast iron were cutting operation, the supply of S.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal Copyright It would be very difficult for cast iron prices to keep moving upward in January and prices of S.Asian Metal Copyright cast iron remained very abundant and the price failed to go up while that of cast iron rebounded apparently in the fourth week of the month.Asian Metal CopyrightG.Asian Metal Copyright Some cast iron producers even resumed production as a result of higher prices and better demand.Asian Metal Copyright It would be very difficult for cast iron prices to keep moving upward in January and prices of S.Asian Metal Copyright In the long run, iron market still lacks support from downstream casting industry and as the year comes to an end, many insiders are not very optimistic about the future market especially when the tightening cash turnover may press iron producers to undersell their inventory to collect cash.Asian Metal Copyright cast iron were cutting operation, the supply of S.Asian Metal Copyright It would be very difficult for cast iron prices to keep moving upward in January and prices of S.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal Copyright cast iron may even slide further.

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