Steel Plate Market Report March 2017

Prices for steel plate went down slightly and slowly during the month because of prices declines of raw materials as well as the slow market, but mark-downs were far less than those of HRC and CRC.Asian Metal Copyright Though the government announced to enlarge investment on infrastructure this year, the downstream demand for steel plate showed no signals of getting strong during the month.Asian Metal Copyright Meanwhile, most mills had no intention to reduce output obviously seeing substantial profits, while traders were inactive in supplementing inventories seeing poor sales performances as well as downward trend.Asian Metal Copyright Insiders deem the steel plate price is likely to continue on the downward trend in April.Asian Metal Copyright End users just purchased according to urgent needs, for fear of a further price decline.Asian Metal CopyrightPrices for steel plate went down slightly and slowly during the month because of prices declines of raw materials as well as the slow market, but mark-downs were far less than those of HRC and CRC.Asian Metal Copyright Though the government announced to enlarge investment on infrastructure this year, the downstream demand for steel plate showed no signals of getting strong during the month.Asian Metal Copyright Insiders deem the steel plate price is likely to continue on the downward trend in April.Asian Metal Copyright Insiders deem the steel plate price is likely to continue on the downward trend in April.

.Asian Metal Copyright Meanwhile, most mills had no intention to reduce output obviously seeing substantial profits, while traders were inactive in supplementing inventories seeing poor sales performances as well as downward trendAsian Metal Copyright