Strip Market Report November 2012
2012-12-03 09:43:58 【Print】
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This month, prices of HR strip in domestic markets decreased and markdowns were quite large in most regions. There were no good news published by the government and China's macroeconomic policy will maintain stability and continuity, so traders lost much confidence in the coming market. As the traditional dull season at hand and the weather gets colder, it began snowing in North China. Influenced by the stagnant economic of the world, export declined also, so insiders predict the price of HR strip will keep decreasing next month.
