Monthly Section Steel Market Report Jun 2019

1. Market Highlights

Though prices for raw materials kept going up during the month, those for section steel declined nationwide dragged by the slow market and traders' pessimistic attitudes. The downstream industry ran slowly, and the rigid demand for section steel remained insufficient.Asian Metal Copyright Complaining rising production costs but decreasing selling prices, mills for section steel were less active in producing during the month.Asian Metal Copyright Besides, end users were inactive in placing large orders and only purchased according to urgent needs seeing frequent price changes.Asian Metal Copyright Market Highlights Though prices for raw materials kept going up during the month, those for section steel declined nationwide dragged by the slow market and traders' pessimistic attitudes.Asian Metal Copyright Complaining rising production costs but decreasing selling prices, mills for section steel were less active in producing during the month.Asian Metal Copyright Complaining rising production costs but decreasing selling prices, mills for section steel were less active in producing during the month.Asian Metal Copyright In the meantime, prices for section steel also declined slightly in other Asian markets during the month.Asian Metal Copyright1.Asian Metal Copyright Considering the overall market performance remains unsatisfactory, insiders foresee another price decrease for section steel in July.

.Asian Metal Copyright1Asian Metal Copyright