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  • Monthly Flat Steel Market Report Jul 2023

    2023-08-10 14:24:16   【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 flat steel market performance showed signs of improving during the month. Though the demand from downstream Industries remained insufficient in the traditional low season, the purchasing activities of end users increased boosted by the spirally upward price trend.Asian Metal Copyright1.Asian Metal Copyright Meanwhile, prices of raw materials kept rising, stimulating both steel mills and traders to lift prices. Leading producers such as Baowu Group, Ansteel Group and Shougang Group all moved up flat steel EXW prices for August production by RMB100-200/t (USD14-28/t), with the positive anticipation for the market prospect.Asian Metal Copyright Leading producers such as Baowu Group, Ansteel Group and Shougang Group all moved up flat steel EXW prices for August production by RMB100-200t USD14-28t, with the positive anticipation for the market prospect.Asian Metal Copyright In the meantime, the potential production cut policy late this month strengthened the confidence of market participants to some degree.

    In the meantime, the international flat steel market performance also showed signs of improving during the month. The spirally upward price trend in China strengthened the confidence of overseas market participants to some degree.

    .Asian Metal Copyright The spirally upward price trend in China strengthened the confidence of overseas market participants to some degreeAsian Metal Copyright
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