Monthly Strip Market Report Aug 2019
2019-09-03 09:47:32 【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 saw a downward trend during this month because of lower raw material costs and the decrease in steel mills' list prices
. However, customers without urgent need for materials were expecting the price to drop further and placing orders sparingly . Many steel mills in North China did not resume the regular production due to the environmental protection inspection . Having no confidence in the market outlook, traders refused to build large stockpiles.