CRC and HGI coil Market Report May 2017

CRC and HGI coil prices in most Chinese leading markets continued on the downward trend in May but the mark-down narrowed compared with that in April, as prices showed some signs of moving up in the middle May, when prices of steels in the futures market rebounded continuously.Asian Metal Copyright As it is the traditional low season in June, insiders predict prices for CRC and HGI coil are likely to come down slightly in the coming month.Asian Metal Copyright The market performance witnessed some improvement when prices just began to move up as some downstream consumers built stocks, thinking prices touched the bottom.Asian Metal Copyright .Asian Metal Copyright However, they could hardly accept a further price rise due to weak demand.Asian Metal Copyright However, they could hardly accept a further price rise due to weak demand.Asian Metal Copyright As it is the traditional low season in June, insiders predict prices for CRC and HGI coil are likely to come down slightly in the coming month.

.Asian Metal CopyrightCRC and HGI coil prices in most Chinese leading markets continued on the downward trend in May but the mark-down narrowed compared with that in April, as prices showed some signs of moving up in the middle May, when prices of steels in the futures market rebounded continuouslyAsian Metal Copyright