Iron Market Report March 2016

Iron market started warming up in March as downstream casting producers were returning to replenish raw materials.Asian Metal Copyright With profits increasing, more iron producers were enlarging their production in the month.Asian Metal Copyright Meanwhile, iron production did not improve much and iron prices rebounded very apparently as a result.Asian Metal Copyright The significant price increase depressed buyers from placing orders for a while and iron prices retreated since the middle of the month but rebounded again by the end of the month due to the tightening supply.Asian Metal Copyright The quickly rising prices of raw materials such as iron ore and coke also pushed upward iron prices further.Asian Metal Copyright .Asian Metal Copyright The significant price increase depressed buyers from placing orders for a while and iron prices retreated since the middle of the month but rebounded again by the end of the month due to the tightening supply.Asian Metal Copyright Meanwhile, iron production did not improve much and iron prices rebounded very apparently as a result.Asian Metal Copyright With profits increasing, more iron producers were enlarging their production in the month.Asian Metal Copyright .Asian Metal Copyright As the supply would keep improving in the coming April when the demand may quiet down a bit after end users complete their orders.Asian Metal Copyright With profits increasing, more iron producers were enlarging their production in the month.Asian Metal Copyright It is not likely that iron prices would keep going upward and especially with the supply improving, iron prices may start dropping again in the second half of April.

.Asian Metal Copyright The significant price increase depressed buyers from placing orders for a while and iron prices retreated since the middle of the month but rebounded again by the end of the month due to the tightening supplyAsian Metal Copyright