HRC Market Report October 2012
2012-11-01 09:12:30 【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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Chinese domestic HRC prices witnessed a general increasing trend within this month. However, the resistance for continuous price increase appeared as the end of the month was closing. Besides, domestic main steel mills raised HRC list prices for November production considering the current market situation, which also offers support to the market prices to some extent. As the North China will gradually enter into winter in the following month and the demand from downstream industries will be weaker affected by that. Therefore, insiders forecast a stable market in the following month.
