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    Monthly HRC and Steel Plate Market Report Dec 2021

    2022-01-05 13:31:34   【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 HRC and steel plate went through the up-down trend in major Chinese domestic markets during the month. After the sharp price decline of around RMB1,000/t (USD157/t) during late October and November, prices rebounded early this month, and the market performance improved a little.Asian Metal Copyright The deceasing prices weakened market participants' confidence in the market prospect.Asian Metal Copyright As traders kept cautious about supplementing inventories, the market stockpile remained low.Asian Metal Copyright After the sharp price decline of around RMB1,000t USD157t during late October and November, prices rebounded early this month, and the market performance improved a little.Asian Metal Copyright Besides, prices of raw materials stopped going down obviously and the cost support remained strong.Asian Metal Copyright As traders kept cautious about supplementing inventories, the market stockpile remained low.Asian Metal Copyright The demand from downstream industries shrank late this month with the approach of the end o the year, and prices fell back gradually.Asian Metal Copyright After the sharp price decline of around RMB1,000t USD157t during late October and November, prices rebounded early this month, and the market performance improved a little.Asian Metal Copyright The deceasing prices weakened market participants' confidence in the market prospect.

    In the meantime, prices of HRC and steel plate went down in most other Asian markets during the month. The demand from downstream industries remained insufficient.Asian Metal Copyright After the sharp price decline of around RMB1,000t USD157t during late October and November, prices rebounded early this month, and the market performance improved a little.Asian Metal Copyright Besides, the decreasing prices from major HRC supplying countries weakened market participants' confidence to some degree.


    .Asian Metal Copyright Besides, the decreasing prices from major HRC supplying countries weakened market participants' confidence to some degreeAsian Metal Copyright
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