Monthly Section Steel and Steel Pipe Market Report Aug 2023

1. Market Highlights

Generally speaking, the domestic section steel and steel pipe market continued to run slowly during the month, and prices went down in most regions. The demand from downstream industries remained soft.Asian Metal Copyright Market Highlights Generally speaking, the domestic section steel and steel pipe market continued to run slowly during the month, and prices went down in most regions.Asian Metal Copyright Besides, end users strictly purchased according to orders for final products, either dragged by the capital shortage or the shrinking profits.Asian Metal Copyright Reporting the poor sales performance, both steel mills and traders showed little confidence in the market prospect and endeavored to close deals.Asian Metal Copyright Reporting the poor sales performance, both steel mills and traders showed little confidence in the market prospect and endeavored to close deals.Asian Metal Copyright However, prices of raw materials fluctuated at the high level and the cost support for finished steel kept strong.Asian Metal Copyright However, prices of raw materials fluctuated at the high level and the cost support for finished steel kept strong.Asian Metal Copyright Market Highlights Generally speaking, the domestic section steel and steel pipe market continued to run slowly during the month, and prices went down in most regions.Asian Metal Copyright Meanwhile, the series of stimulant policies on the property industry strengthened the confidence of market participants to some degree.

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