Iron market Report March 2014

S.Asian Metal CopyrightS.Asian Metal CopyrightG. cast iron market saw downward trend on the whole this month with decline of RMB30-120/t. The market saw price decrease of RMB60/t to RMB2,870-2,920/t in Benxi, Liaoning, RMB80/t to RMB2,870-2,920/t in Wu’an Hebei, RMB120/t to RMB2,710-2,760/t in Yicheng, Shanxi, RMB70/t to RMB2,900-2,930/t in Jinan, Shandong, RMB80/t to RMB2,870-2,900/t in Zibo, RMB50/t to RMB2,900-2,920/t in Weihai and RMB30/t to RMB2,930-2,970/t in Xuzhou, Jiangsu, all on VAT included ex-works by cash payment basis.Asian Metal Copyright The market saw price decrease of RMB60t to RMB2,870-2,920t in Benxi, Liaoning, RMB80t to RMB2,870-2,920t in Wu’an Hebei, RMB120t to RMB2,710-2,760t in Yicheng, Shanxi, RMB70t to RMB2,900-2,930t in Jinan, Shandong, RMB80t to RMB2,870-2,900t in Zibo, RMB50t to RMB2,900-2,920t in Weihai and RMB30t to RMB2,930-2,970t in Xuzhou, Jiangsu, all on VAT included ex-works by cash payment basis.Asian Metal Copyright It was a typically busy season for casting industry with unimproved demand.Asian Metal CopyrightS.Asian Metal Copyright Downstream casting market continued to be flat in February with sluggish demand.Asian Metal CopyrightG.Asian Metal Copyright S.Asian Metal Copyright Downstream casting market continued to be flat in February with sluggish demand.Asian Metal CopyrightG.Asian Metal Copyright It was a typically busy season for casting industry with unimproved demand.Asian Metal Copyright cast iron saw both weakness between supply and demand this month.
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