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British steel demand hit a new high of 5 years

2014-12-22
According to the National Association of iron and steel distributors (NASS) data, the mainstream steel demand in 2014 British distributors in more than 6000000 tons, a record high of 5 years.
The association president Peter Corfield pointed out that this year the British steel demand grew 6%, long products performance is particularly good, year on year growth of 11%, the annual demand structure profiles may also be more than 1000000 tons, plate and profiles year-on-year growth of 8%, while the thin plate demand growth is slow, the main if hot galvanized sheet demand downturn caused by.
In addition, although the market demand, but the steel profits suffer extrusion, the reason is that raw material prices decline, the main product price year-on-year decline.
For the afternoon, the market is expected next year the demand remains good, but the market price is difficult to rise.

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