HGI Coil Market Report July 2014

The price of HGI coil in the majority of China’s leading markets witnessed a flat trend during most of this month, followed by a slight dip at the end. There was no favorable news to suggest a recovery in the HGI coil market during the traditional off-season.Asian Metal Copyright Steel mills refrained from hiking ex-works prices given the lack of support from production costs.Asian Metal Copyright Steel mills refrained from hiking ex-works prices given the lack of support from production costs.Asian Metal Copyright Steel mills refrained from hiking ex-works prices given the lack of support from production costs.Asian Metal Copyright Insiders predict the price of HGI coil is unlikely for to go up in August.