Monthly Section Steel Market Report Jun 2018
2018-07-04 17:53:27 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
The domestic section steel market performance in June was worse than that in May, coupled with participants' wait-and-see attitudes. Prices fluctuated frequently in the first two weeks of the month, but they began to decline obviously from the third week since the escalation of the trade war between United States and China weakened market participants' confidence in the market prospect. Meanwhile, the rigid demand shrank obviously during the month influenced by restrict environmental protection policies as well as the hot weather. Insiders think that prices for section steel are likely to go down further next month.
The domestic section steel market performance in June was worse than that in May, coupled with participants' wait-and-see attitudes. Prices fluctuated frequently in the first two weeks of the month, but they began to decline obviously from the third week since the escalation of the trade war between United States and China weakened market participants' confidence in the market prospect. Meanwhile, the rigid demand shrank obviously during the month influenced by restrict environmental protection policies as well as the hot weather. Insiders think that prices for section steel are likely to go down further next month.
