Monthly Strip Market Report Apr 2018
2018-05-07 08:57:37 【Print】
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HR strip prices in major markets of China saw an upward trend during this month mainly supported by higher raw material costs and increase in steel mills' list prices
. Some steel mills did not resume the regular production due to the environmental protection inspection . However, as demand from customers remained weak, the market sales performance did not become better . Traders were not confident of the market outlook and refused to build large stockpiles . Insiders do not expect the price to go up further in the coming month.