Monthly CRC and HGI Coil Market Report Aug 2018

1. Market Highlights

CRC and HGI coil prices in Chinese leading markets continued on the upward trend in early and middle August but turned to the downward trend in late August. Prices were pulled up in August, benefiting from the environmental protection inspection.Asian Metal Copyright Insiders predict that prices of CRC and HGI coil will firstly fall down and then move up in September but they are likely to stay at the similar level as those at the end of August.Asian Metal Copyright However, the demand from automobile and home appliance industries remained very weak.Asian Metal Copyright It is possible that steel prices will increase on favorable policies.Asian Metal Copyright Prices began to fall back reasonably in late August and are likely to continue in the first half of September.Asian Metal Copyright Insiders predict that prices of CRC and HGI coil will firstly fall down and then move up in September but they are likely to stay at the similar level as those at the end of August.Asian Metal Copyright As the heating season is going to come, steel mills are likely to be restricted from production on the environmental protection.Asian Metal Copyright1.Asian Metal Copyright It is possible that steel prices will increase on favorable policies.Asian Metal Copyright Prices began to fall back reasonably in late August and are likely to continue in the first half of September.Asian Metal Copyright Insiders predict that prices of CRC and HGI coil will firstly fall down and then move up in September but they are likely to stay at the similar level as those at the end of August.

.Asian Metal Copyright Prices began to fall back reasonably in late August and are likely to continue in the first half of SeptemberAsian Metal Copyright