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  • Monthly Flat Steel Market Report Oct 2023

    2023-11-03 09:40:19   【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 flat steel market ran slowly during the month. The confidence of market participants weakened this month discouraged by the soft demand from downstream industries.Asian Metal Copyright .Asian Metal Copyright In September, most participants believed prices of flat steel lacked momentum to go up, but in October, they worried about continuous price declines.Asian Metal Copyright In the meantime, the international flat steel market ran slowly during the month, and prices went down in most countries.Asian Metal Copyright The downstream demand showed no signs of improving.Asian Metal Copyright Leading producers such as Baowu Group, Ansteel and HBIS maintained flat steel EXW prices for November production flat.Asian Metal Copyright Traders kept eager to promote sales to avoid potential risks.Asian Metal Copyright In the meantime, prices of raw materials fluctuated at the high level, and the cost support for finished steel remained strong.Asian Metal Copyright Reporting losses, steel mills slowed down production in succession.Asian Metal Copyright Leading producers such as Baowu Group, Ansteel and HBIS maintained flat steel EXW prices for November production flat.Asian Metal Copyright Leading producers such as Baowu Group, Ansteel and HBIS maintained flat steel EXW prices for November production flat.Asian Metal Copyright The confidence of market participants weakened this month discouraged by the soft demand from downstream industries.Asian Metal Copyright In the meantime, prices of raw materials fluctuated at the high level, and the cost support for finished steel remained strong.

    In the meantime, the international flat steel market ran slowly during the month, and prices went down in most countries. The demand from downstream industries kept insufficient, and end users strictly purchased from hand to mouth.

    .Asian Metal Copyright The confidence of market participants weakened this month discouraged by the soft demand from downstream industriesAsian Metal Copyright
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