Monthly Section Steel & Steel Pipe Market Report Sep 2019
2019-10-11 08:53:19 【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 section steel and steel pipe fluctuated frequently during the month following those of raw materials, while the changes were not obvious. On the one hand, traders were eager to raise prices seeing high purchasing costs and low sales pressures, while on the other hand, end users were cautious about placing large orders, with wait-and-see attitudes. Reporting increased profits, most mills produced actively, despite the slow market. Not being confident of the market prospect, traders were inactive in supplementing inventories.
Prices for section steel and steel pipe fluctuated frequently during the month following those of raw materials, while the changes were not obvious. On the one hand, traders were eager to raise prices seeing high purchasing costs and low sales pressures, while on the other hand, end users were cautious about placing large orders, with wait-and-see attitudes. Reporting increased profits, most mills produced actively, despite the slow market. Not being confident of the market prospect, traders were inactive in supplementing inventories.
