Monthly Strip Market Report Feb 2019

HR strip prices in major markets of China witnessed different trends during this month.Asian Metal Copyright Some steel mills did not resume the regular production due to the environmental protection inspection and the tight supply of raw materials.Asian Metal Copyright Prices in North China saw a downward trend on weak customer demand, while those in East China and South China went up mainly supported by higher raw material costs.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright Customers were just purchasing the material in small quantities for urgent need and the market sales performance continued to be unsatisfying.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright Some steel mills did not resume the regular production due to the environmental protection inspection and the tight supply of raw materials.Asian Metal CopyrightHR strip prices in major markets of China witnessed different trends during this month.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright Prices in North China saw a downward trend on weak customer demand, while those in East China and South China went up mainly supported by higher raw material costs.Asian Metal Copyright Insiders expect prices to go up in the coming month because of high raw material costs.
.Asian Metal Copyright Some steel mills did not resume the regular production due to the environmental protection inspection and the tight supply of raw materialsAsian Metal Copyright