Strip Market Report July 2017
2017-08-03 09:40:30 【Print】
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HR strip prices in major markets of China went up further during this month mainly supported by higher raw material costs and increase in steel mills’ list prices
. However, as demand from downstream customers remained weak amid the traditionally low season, the market sales performance did not become better . Traders were reluctant to build large stockpiles to avoid risks . Insiders think the market will remain quiet in the coming month.