HGI Coil Market Report March 2014

The price of HGI coil in Chinese prevailing markets was powerless to go up and even fell down slightly in East and South China this month. Prices of raw materials remained low during this period of time and it was hard for steel mills to increase ex-works prices of HGI coil for April production.Asian Metal Copyright Besides, there was no obvious sign of demand being released from downstream consumers.Asian Metal Copyright Some steel mills even offered rebates to their agents to attract orders.Asian Metal Copyright Insiders consider that it will be hard for the price of HGI coil to increase in the coming month.Asian Metal Copyright Besides, there was no obvious sign of demand being released from downstream consumers.Asian Metal Copyright Some steel mills even offered rebates to their agents to attract orders.Asian Metal Copyright Insiders consider that it will be hard for the price of HGI coil to increase in the coming month.