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    Monthly Section Steel & Steel Pipe Market Report Mar 2021

    2021-04-12 14:18:06   【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.
    1. Market Highlights

    Prices of section steel and steel pipe continued to go up in major Chinese domestic markets during the month. The continuous price increase and reduced supply of steel billet boosted steel mills to lift prices actively.Asian Metal Copyright Nevertheless, facing the sharp and continuous price increase, end users just purchased according to orders for final products and refused to build stocks.Asian Metal Copyright Besides, with the weather getting warmer, the demand from downstream industries improved gradually, and the market inventory kept decreasing.Asian Metal Copyright Market Highlights Prices of section steel and steel pipe continued to go up in major Chinese domestic markets during the month.Asian Metal Copyright In addition, as most traders remained cautious about supplementing inventories in February, for fear of potential risks, they did not burden with any sales pressures this month and were eager to raise prices when the purchasing costs rose.Asian Metal Copyright Besides, with the weather getting warmer, the demand from downstream industries improved gradually, and the market inventory kept decreasing.Asian Metal Copyright Nevertheless, facing the sharp and continuous price increase, end users just purchased according to orders for final products and refused to build stocks.

    .Asian Metal Copyright1Asian Metal Copyright
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