Chinese Hot Rolled Steel Prices May Continue Falling to 13% in Next Year

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Chinese Hot Rolled Steel Prices May Continue Falling to 13% in Next Year

Monday, December 28, 2015
Source:ferro-alloys.com

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Keywords:Steel

[Fellow]According to International analysts forecast, Chinese hot rolled coil prices may again fall to 13% in next year, caused by market concerns.

According to International analysts forecast, Chinese hot rolled coil prices may again fall to 13% in next year, caused by market concerns.

Taiwan steel believed that if China’s steel production capacity has failed to control, plus the country was frequently faced trade sanctions from other countries. It would lead the steel market demand remained weak.

China's customs statistics, in January-November this year, Chinese steel exports increased of 22% year on year to 1.02 billion tons, almost equal to the world's second-largest steel producer Japan in 2014.

Article from Internet for Reference only

[Editor:Sophie]

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