HRC Market Report July 2012
2012-08-30 15:03:57
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Due to the gloomy international and domestic economies, the demand from downstream industries kept weak.Asian Metal Copyright Considering the current situation, insiders believe that Chinese domestic HRC prices are likely to further go down in the coming month.Asian Metal Copyright Furthermore, the production line maintenance in the main prevailing steel mills had limited effects on the whole production.Asian Metal CopyrightDue to the gloomy international and domestic economies, the demand from downstream industries kept weak.Asian Metal Copyright Consequently, the market prices witnessed a significantly declining trend in July.Asian Metal Copyright Considering the current situation, insiders believe that Chinese domestic HRC prices are likely to further go down in the coming month.Asian Metal Copyright Most downstream customers purchased in small quantities to meet urgent needs, and the orders from them decreased modestly.Asian Metal Copyright Furthermore, the production line maintenance in the main prevailing steel mills had limited effects on the whole production.Asian Metal Copyright The downward in futures market also dragged down the market prices.Asian Metal Copyright Considering the current situation, insiders believe that Chinese domestic HRC prices are likely to further go down in the coming month.Asian Metal Copyright Considering the current situation, insiders believe that Chinese domestic HRC prices are likely to further go down in the coming month.
.Asian Metal Copyright Consequently, the market prices witnessed a significantly declining trend in JulyAsian Metal Copyright
