Section Steel Market Report January 2013
2013-02-04 18:02:58 【Print】
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Prices of section steel in major markets witnessed the upward trend this month due to higher list prices as well as price increases of raw materials. But the overall market performance was not good without the support of downstream demand
. However, the mark-up of finished steel product is not as much as that of raw material . In addition, the market performance is expected to get better in middle February when customers come back from Spring Festival holiday . As a result, insiders believe prices will continue to increase next month.