Monthly Section Steel Market Report Feb 2018
2018-03-09 13:49:34 【Print】
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1. Market Highlights
Prices for section steel increased obviously during the month, boosted by prices soar of raw materials as well as reduced supply. The government of Tangshan, Hebei province required local enterprises to keep controlling blast furnace operation by 15% after Mid-March, the heating season environmental protection period, boosting traders for section steel and all the other steel products to lift prices significantly. Meanwhile, the market performance warmed up following the sudden price increase, but it turned to be unsatisfactory again late of the month since prices showed signs of falling down. Insiders think the price for section steel is likely to go up slightly in March.
Prices for section steel increased obviously during the month, boosted by prices soar of raw materials as well as reduced supply. The government of Tangshan, Hebei province required local enterprises to keep controlling blast furnace operation by 15% after Mid-March, the heating season environmental protection period, boosting traders for section steel and all the other steel products to lift prices significantly. Meanwhile, the market performance warmed up following the sudden price increase, but it turned to be unsatisfactory again late of the month since prices showed signs of falling down. Insiders think the price for section steel is likely to go up slightly in March.
