Section Steel Market Report February 2017

Prices for section steel soared nationwide in China during the month stimulated by rising raw materials’ prices as well as psychological factors.Asian Metal Copyright On the one hand, February was the traditional off-season and the rigid demand for section steel was absent.Asian Metal Copyright Meanwhile, producers were eager to lift prices seeing continuous environmental protection policies.Asian Metal Copyright .Asian Metal Copyright Nevertheless, the market performed as inactively as it did in January.Asian Metal Copyright On the one hand, February was the traditional off-season and the rigid demand for section steel was absent.Asian Metal Copyright On the one hand, February was the traditional off-season and the rigid demand for section steel was absent.Asian Metal Copyright Meanwhile, producers were eager to lift prices seeing continuous environmental protection policies.Asian Metal Copyright On the other hand, end users were scared of the unreasonably high prices and either postponed purchasing plans or purchased according to urgent needs.Asian Metal Copyright On the one hand, February was the traditional off-season and the rigid demand for section steel was absent.Asian Metal Copyright In the meantime, the overall market stockpile increased obviously during the month with the arrival of new materials.Asian Metal Copyright On the other hand, end users were scared of the unreasonably high prices and either postponed purchasing plans or purchased according to urgent needs.Asian Metal Copyright Insiders deem the section steel price is likely to go up further in the “Golden March”.

.Asian Metal CopyrightPrices for section steel soared nationwide in China during the month stimulated by rising raw materials’ prices as well as psychological factorsAsian Metal Copyright