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    Monthly HRC and Steel Plate Market Report Apr 2023

    2023-05-08 08:23:19   【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

    The domestic HRC and steel plate market ran slowly during the month, and prices continued on the downward trend. The quick and continuous prices decline of raw materials weakened the confidence of market participants.Asian Metal Copyright The quick and continuous prices decline of raw materials weakened the confidence of market participants.Asian Metal Copyright Besides, the bank crisis of overseas heightened the cautious attitudes in the market.Asian Metal Copyright .Asian Metal Copyright The demand from downstream industries kept improving, but the slow recovery and the absence of stimulant policies made participants pessimistic about the market.Asian Metal Copyright Leading producers failed to lift EXW prices further after the continuous increases in the past several months dragged by the slow market.Asian Metal Copyright End users strictly purchased according to orders for final products.Asian Metal Copyright The demand from downstream industries remained insufficient, and end users purchased cautiously seeing the downward price trend.Asian Metal Copyright Leading producers failed to lift EXW prices further after the continuous increases in the past several months dragged by the slow market.

    In the meantime, the intentional HRC and steel plate market performed inactively, and prices went down in most countries. The demand from downstream industries remained insufficient, and end users purchased cautiously seeing the downward price trend.

    .Asian Metal Copyright The demand from downstream industries kept improving, but the slow recovery and the absence of stimulant policies made participants pessimistic about the marketAsian Metal Copyright
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