HGI Coil Market Report April 2014

The price of HGI coil in China’s prevailing markets recorded a flat trend this month. However, the market didn’t perform too slickly, dragged down by the soft demand from downstream industries.Asian Metal Copyright However, the market didn’t perform too slickly, dragged down by the soft demand from downstream industries.Asian Metal Copyright There were no big changes in the prices of related steel flat products this month, so HGI coil traders were reluctant to adjust their quotations and preferred to hold small inventories.Asian Metal CopyrightThe price of HGI coil in China’s prevailing markets recorded a flat trend this month.Asian Metal Copyright It was hard for steel mills to increase ex-works prices on HGI coil for May production because of the low production cost.Asian Metal CopyrightThe price of HGI coil in China’s prevailing markets recorded a flat trend this month.Asian Metal Copyright Taking all factors into consideration, insiders consider that the price of HGI coil will fall slightly in the coming month.