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TITLE  Chinese HRC price on down path
WRITER   administrator DATE   2009-12-09 08:43:17
Chinese HRC price on down path
09 Dec 2009

The price movement Chinese HRC in last 6 days shows the continuing reduction of the price.

Most cities saw a downtrend of Chinese HRC price in last 6 days. With winter approaching and the uptrend weakening, the scale of transactions in Chinese HRC market shrank. Inventory of Chinese HRC slightly increased after 5 weeks down because of the high standards of production and shipments which will challenge affordability of market vendors.

Resource from www.steelprices-china.com
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