Strip Market Report February 2017
2017-03-01 09:26:50 【Print】
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HR strip prices went up obviously in major markets of China mainly supported by higher raw material costs and increase in steel mills’ list prices
. However, seeing the sharp price increase, customers without urgent need for materials were still holding a wait-and-see attitude and the market sales performance continued to be poor . Insiders do not expect the price to rise further in the coming month without the support of demand from customers.