CRC and HGI coil Market Report February 2017
2017-03-02 09:38:51 【Print】
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Influenced by the government’s continuous restriction on steel production, raw materials’ prices kept going up this month
. However, prices of CRC and HGI coil failed to rebound accordingly due to the weakened demand before and after the Chinese New Year holiday . Prices in North China increased slightly but those in East and South China failed to go up and even fell slightly in February . It is the low season for CRC and HGI coil consumption in March, so insiders predict prices for CRC and HGI coil are likely to fall back slightly in March.