Monthly Section Steel Market Report May 2018
2018-06-07 14:40:23 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Prices for section steel ran on different trends in major Chinese domestic markets during the month, and the overall market performance failed to keep improving since the decreasing signal heightened end users' cautious attitudes and they were inactive in placing orders. Meanwhile, not being confident of the market prospect and worried that the downstream demand is likely to shrink in June caused by high temperature and continuous rains, traders were eager to reduce stockpiles. Insiders think prices for section steel are likely to go down slightly in June.
Prices for section steel ran on different trends in major Chinese domestic markets during the month, and the overall market performance failed to keep improving since the decreasing signal heightened end users' cautious attitudes and they were inactive in placing orders. Meanwhile, not being confident of the market prospect and worried that the downstream demand is likely to shrink in June caused by high temperature and continuous rains, traders were eager to reduce stockpiles. Insiders think prices for section steel are likely to go down slightly in June.
