Monthly Steel Plate Market Report Jan 2019
2019-02-13 17:44:19 【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
Prices for steel plate kept increasing in major Chinese domestic markets during the month, mainly boosted by the low stockpile as well as prices rises of raw materials. In the meantime, the market performance showed signs of improving following the nationwide price increase. Nevertheless, traders were not so confident of the market prospect and cautious about supplementing inventories, so were end users. Prices for steel plate either dropped or maintained narrowly stable in other Asian markets during the month, amid a slow market. Considering prices for raw materials keep going up significantly, insiders think that those for steel plate will increase further in February.
Prices for steel plate kept increasing in major Chinese domestic markets during the month, mainly boosted by the low stockpile as well as prices rises of raw materials. In the meantime, the market performance showed signs of improving following the nationwide price increase. Nevertheless, traders were not so confident of the market prospect and cautious about supplementing inventories, so were end users. Prices for steel plate either dropped or maintained narrowly stable in other Asian markets during the month, amid a slow market. Considering prices for raw materials keep going up significantly, insiders think that those for steel plate will increase further in February.
