Steel Raw Material Prices Fall Amid Lower Buying Activity, China Production Cuts

By |2018-12-29T12:05:49+00:00September 25th, 2017|Steel Market Analysis, Steel Raw Material Prices|

Inventories among traders and steel mills are pilling up, as a result of which buying activity has reduced for all major steel raw materials and base metals. An important reason for reduced buying is that prices are too high and consumers tend to purchase in smaller volumes, waiting for a price correction. Prices for raw [...]