HRC Market Report September 2012

After the significant price plummet in July and August, Chinese domestic HRC prices started to be stable in the middle of last month.Asian Metal Copyright At the end of the month, some end users purchased in larger quantities to prepare for normal production during the National Holiday.Asian Metal Copyright At the same time, National Reform and Development Committee approved lots of transportation projects.Asian Metal Copyright The price upward trend this month makes a good start point for the following month.Asian Metal Copyright Besides, the third round of quantitative easing presented by the Federal Reserve stimulated investors’ confidence in the market.Asian Metal Copyright The price upward trend this month makes a good start point for the following month.Asian Metal Copyright Price increase in futures market improved the prices in spot market accordingly.Asian Metal Copyright At the end of the month, some end users purchased in larger quantities to prepare for normal production during the National Holiday.Asian Metal Copyright At the end of the month, some end users purchased in larger quantities to prepare for normal production during the National Holiday.Asian Metal Copyright At the same time, National Reform and Development Committee approved lots of transportation projects.Asian Metal Copyright Thus, the trading volume hiked little than that of last month and traders’ financial pressure was eased to some extent.Asian Metal Copyright Thus, the trading volume hiked little than that of last month and traders’ financial pressure was eased to some extent.Asian Metal Copyright The price upward trend this month makes a good start point for the following month.Asian Metal Copyright At the end of the month, some end users purchased in larger quantities to prepare for normal production during the National Holiday.Asian Metal Copyright However, insiders deem that the price increasing trend is hard to continue in the following month and the possibility for a stable market is high.
.Asian Metal Copyright Price increase in futures market improved the prices in spot market accordinglyAsian Metal Copyright