Monthly Section Steel and Steel Pipe Market Report Jul 2023
2023-08-11 14:33:16 【Print】
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1. Market Highlights
The domestic section steel and steel pipe market failed to improve during the month as the high temperature and continuous rains restrained the downstream demand from improving. Meanwhile, reporting capital shortage, lots of downstream projects did not operate smoothly. Upon the frequent price fluctuations, end users strictly purchased according to orders for final products. Nevertheless, supported by the high production costs as well as the positive anticipation for the market prospect, steel mills kept eager to raise prices.
The domestic section steel and steel pipe market failed to improve during the month as the high temperature and continuous rains restrained the downstream demand from improving. Meanwhile, reporting capital shortage, lots of downstream projects did not operate smoothly. Upon the frequent price fluctuations, end users strictly purchased according to orders for final products. Nevertheless, supported by the high production costs as well as the positive anticipation for the market prospect, steel mills kept eager to raise prices.
