Section Steel Market Report June 2017
2017-07-05 14:09:58 【Print】
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Prices for section steel continued to go up boosted by sharp prices rebounds of raw materials as well as low stockpiles. Nevertheless, the market performance showed no signs of warming up dragged by the weak downstream demand influenced by continuous rains in the South and high temperature in the North. Holding low inventories at hand, traders adopted wait-and-see attitudes towards the market prospect. Insiders foresee a further price increase in July.
