Monthly Strip Market Report Mar 2018
2018-04-10 09:20:13 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
HR strip prices in major markets of China witnessed a downward trend during this month mainly because of lower raw material costs and decrease in steel mills' list prices. Some steel mills could not keep the regular production affected by the environmental protection inspection. Customers without urgent need for materials were expecting the price to drop further and refusing to place orders. Having no confidence in the market outlook, traders were reluctant to build large stockpiles and the market inventory kept low. Insiders think the market will continue to be quiet in the coming month.
