Monthly Flat Steel Market Report Apr 2024
2024-05-10 09:22:29 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Generally speaking, the domestic flat steel market performance improved during the month. The continuous prices rebounds of raw materials stimulated steel mills and traders to lift prices of finished steel. Meanwhile, the demand from downstream industries improved slowly. In the meantime, the stimulant policies on the property market strengthened the confidence of market participants to some degree. End users watching the market previously placed orders in the first half of the month boosted by the spirally upward price trend. Mainstream steel mills reported improving sales performance for May production.
In the meantime, the international flat steel market ran slowly during the month. Overseas participants adopted wait-and-see attitudes towards the market prospect seeing the spirally upward price trend in China. The demand remained weak in most countries.
Generally speaking, the domestic flat steel market performance improved during the month. The continuous prices rebounds of raw materials stimulated steel mills and traders to lift prices of finished steel. Meanwhile, the demand from downstream industries improved slowly. In the meantime, the stimulant policies on the property market strengthened the confidence of market participants to some degree. End users watching the market previously placed orders in the first half of the month boosted by the spirally upward price trend. Mainstream steel mills reported improving sales performance for May production.
In the meantime, the international flat steel market ran slowly during the month. Overseas participants adopted wait-and-see attitudes towards the market prospect seeing the spirally upward price trend in China. The demand remained weak in most countries.
