Reported 8 months ago
Industry insiders indicate that whether it is the third-quarter price or the July price, the probability of CSC opening flat is the highest. With raw material prices trending lower and major steel mills in Asia maintaining flat new prices recently, the chance of CSC opening flat is high. Market analysts also predict that due to fluctuating raw material prices and the impact of low-priced imported materials, CSC is likely to respond with a flat price for both the third quarter and July prices, considering the overall market sentiment pointing toward weak future trends.
Source: YAHOO