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European cold-rolled steel sheet prices remain stable- The 17th China£¨Guangzhou£©Int¡¯l Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
4/26/2016 sheet metal expo |
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Last week, European cold-rolled steel sheet prices remained stable, mainly due to imports market declined and European steel production reduced caused by market supply shortage. Despite the downstream demand has rebounded slightly, but demand remained weak from the automotive industry.
Market participants worried prices whether to remain stable or not, because the demand was not sufficient to support such a large prices increased, users didn¡¯t in a hurry to purchase.
Stock traders said the market will be forced to accept higher prices, and prices are expected to remain steady in short term.
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The 17th China£¨Guangzhou£©Int¡¯l Sheet metal machinery,Forging, Stamping and Setting Equipment
Exhibition
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