Iron Market Report January 2012

There is still no obvious change of pig iron for steel manufacture in this month.Asian Metal Copyright Most steel plants stop purchasing to watch the market, and few plants purchase on the need-basis.Asian Metal Copyright Deals are almost stagnant due to the Spring Festival in this month, and heavy festival and watching atmosphere before the long festival.Asian Metal Copyright At present, following areas are performing such prices for L8—10: Tangshan—RMB3,270, Shanxi—RMB3,290, Anyang—3,500, Gansu—3,320, Baotou—3,050, Yunnan—3,200, Tieshui, Yunnan—3,220, all VAT included by cash payment.Asian Metal Copyright End-users still do not have strong demand for the pig iron.Asian Metal Copyright Such weak demand is far from pushing the development of pudding market.Asian Metal Copyright Most steel plants stop purchasing to watch the market, and few plants purchase on the need-basis.Asian Metal Copyright Prices are lack of sufficient support and push, so they are hard to improve.Asian Metal Copyright Such weak demand is far from pushing the development of pudding market.Asian Metal Copyright Besides, prices of raw materials have been consolidated for a long time.Asian Metal Copyright Besides, prices of raw materials have been consolidated for a long time.Asian Metal Copyright End-users still do not have strong demand for the pig iron.Asian Metal Copyright Prices are lack of sufficient support and push, so they are hard to improve.Asian Metal Copyright Prices are lack of sufficient support and push, so they are hard to improve.Asian Metal Copyright At present, following areas are performing such prices for L8—10: Tangshan—RMB3,270, Shanxi—RMB3,290, Anyang—3,500, Gansu—3,320, Baotou—3,050, Yunnan—3,200, Tieshui, Yunnan—3,220, all VAT included by cash payment.Asian Metal Copyright End-users still do not have strong demand for the pig iron.Asian Metal Copyright