HRC Market Report November 2012
2012-12-04 15:41:17
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Chinese domestic HRC prices witnessed a general increasing trend within this month especially in Shanghai and Guangzhou markets.Asian Metal Copyright Though support from purchasing cost was strengthened and market inventory remained at a low level, traders were more cautious about increasing quotations considering weak demand in winter.Asian Metal Copyright However, the resistance for continuous price increase appeared in the middle and late ten days of the month.Asian Metal Copyright Though support from purchasing cost was strengthened and market inventory remained at a low level, traders were more cautious about increasing quotations considering weak demand in winter.Asian Metal Copyright Though support from purchasing cost was strengthened and market inventory remained at a low level, traders were more cautious about increasing quotations considering weak demand in winter.Asian Metal Copyright Though support from purchasing cost was strengthened and market inventory remained at a low level, traders were more cautious about increasing quotations considering weak demand in winter.Asian Metal Copyright Insiders predict that Chinese domestic HRC prices may decrease slightly in the following month.
.Asian Metal CopyrightChinese domestic HRC prices witnessed a general increasing trend within this month especially in Shanghai and Guangzhou marketsAsian Metal Copyright
