• Silico-manganese 65/17 EXW China(300)  04-25|Silico-manganese 60/14 EXW China(200)  04-25|Indium Ingot 99.995%min FOB China(9)  04-25|Molybdenum Conc. 45%min EXW China(100)  04-25|Steel Scrap MMS 4-6mm EXW Guangzhou(80)  04-25|Molybdenum Oxide 50%min EXW China(100)  04-25|Zirconium Sponge Zr+Hf 99.4%min EXW China(-5)  04-25|Ferro-silicon 75%min In warehouse Pittsburgh(0.03)  04-25|Iron Ore Fine Australian 62%min CNF China(3)  04-25|Ferro-molybdenum 60%min EXW China(6000)  04-25|Indium Ingot 99.995%min EXW China(60)  04-25|Copper Conc. TC 25%min CIF China(-1)  04-25|Calcium-silicon 30-60 FOB China(40)  04-25|Molybdenum Oxide 57%min In port South Korea(0.5)  04-25
  • Monthly Section Steel and Steel Pipe Market Report Jul 2022

    2022-08-11 09:32:58   【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

    After the markdown of around RMB400/t (USD59/t) in June, prices of section steel and steel pipe edged down further by about RMB500/t (USD74/t) in major Chinese domestic markets during the month. The demand from downstream industries remained insufficient.Asian Metal Copyright Reporting the poor sales performance, both steel mills and traders showed little confidence in the market prospect, and some steel mills halted production facing losses and sales pressures.Asian Metal Copyright Besides, end users remained cautious about purchasing seeing the downward price trend.Asian Metal Copyright Market Highlights After the markdown of around RMB400t USD59t in June, prices of section steel and steel pipe edged down further by about RMB500t USD74t in major Chinese domestic markets during the month.Asian Metal Copyright Though prices of raw materials rebounded late this month, they remained low and the cost support for finished steel weakened.Asian Metal Copyright Traders kept inactive in supplementing inventories, adopting pessimistic attitudes towards the market prospect.Asian Metal Copyright Reporting the poor sales performance, both steel mills and traders showed little confidence in the market prospect, and some steel mills halted production facing losses and sales pressures.Asian Metal Copyright Besides, end users remained cautious about purchasing seeing the downward price trend.Asian Metal Copyright Traders kept inactive in supplementing inventories, adopting pessimistic attitudes towards the market prospect.

    .Asian Metal Copyright The demand from downstream industries remained insufficientAsian Metal Copyright
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