Tuesday, December 27, 2011

Dec 26 - Steel Market Continues to Deteriorate Due to Sluggish Demand


Source: Xinhua, ChinaScope Financial (Data)
+   According to market data, most steel traders in China are unable to maintain a balanced supply and demand, causing increased funding pressure and suppressed steel prices.
+   Market prices for hot rolled steel coil continue to fluctuate within a narrow range at a low price level.
+   Related Data: Price of Hot-rolled Coil, Price of Cold-rolled Coil, Inventory of Major Cities

The price trend of hot-rolled coil and cold rolled coil is weak recently.

  


For more data of Chinese steel industry data, please visit www.chinascopefinancial.com

Other News Headlines
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  • Steel Market Continues to Deteriorate Due to Sluggish Demand
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