Monthly Section Steel and Steel Pipe Market Report Jun 2023
2023-07-12 09:19:06 【Print】
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1. Market Highlights
The domestic section steel and steel pipe market performance improved a little during the month. End users watching the market previously began placing orders during the week boosted by the spirally upward price trend, believing prices unlikely to go down significantly in July. Meanwhile, series of stimulant policies for the property market from the central government as well as the pollution curbs in North China strengthened the confidence of market participants to some extent. However, the demand from downstream industries remained soft dragged by the high temperature in North China and the continuous rains in East and South China.
The domestic section steel and steel pipe market performance improved a little during the month. End users watching the market previously began placing orders during the week boosted by the spirally upward price trend, believing prices unlikely to go down significantly in July. Meanwhile, series of stimulant policies for the property market from the central government as well as the pollution curbs in North China strengthened the confidence of market participants to some extent. However, the demand from downstream industries remained soft dragged by the high temperature in North China and the continuous rains in East and South China.
