Steel Plate Market Report January 2016

Prices for steel plate continued to rise in most domestic markets, including Tianjin and Guangzhou, during the month, mainly boosted by the material shortage, although the market performance remained unsatisfactory due to weak demand from downstream industries.Asian Metal Copyright With overall market stocks running low at the moment, insiders predict a slight increase in the price of steel plate in February.Asian Metal Copyright Most traders had no confidence in the market outlook after the Spring Festival (8 February) and were cautious about supplementing inventories.Asian Metal Copyright With overall market stocks running low at the moment, insiders predict a slight increase in the price of steel plate in February.Asian Metal Copyright Meanwhile, as steel mills suffered a lot in 2015, they reined back on production, either carrying out overhauls or halting operations completely.Asian Metal CopyrightPrices for steel plate continued to rise in most domestic markets, including Tianjin and Guangzhou, during the month, mainly boosted by the material shortage, although the market performance remained unsatisfactory due to weak demand from downstream industries.Asian Metal Copyright With overall market stocks running low at the moment, insiders predict a slight increase in the price of steel plate in February.
.Asian Metal Copyright Meanwhile, as steel mills suffered a lot in 2015, they reined back on production, either carrying out overhauls or halting operations completelyAsian Metal Copyright