HGI Coil Market Report December 2014

The price of HGI coil in China’s leading markets witnessed a downward trend this month. Because of the slower development within the domestic economy and restrictions on car purchases, demand for HGI coil from downstream consumers was becoming weaker during the traditional off-season.Asian Metal Copyright Taking the weakening support from production costs into consideration, insiders predict that the price of HGI coil is unlikely to rebound in January of 2015.Asian Metal Copyright Taking the weakening support from production costs into consideration, insiders predict that the price of HGI coil is unlikely to rebound in January of 2015.