Monthly CRC and HGI Coil Market Report Jan 2020
2020-02-07 08:24:49 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
With the approach of Chinese New Year holiday, CRC and HGI coil markets in China ran relatively steadily in January and prices did not show significant change. Stocks went up gradually in the middle of January and markets were closed in late January, when China were in the holiday.
In the international market, encouraged by the demand increase in some regions, CRC and HGI coil prices in Malaysia, Vietnam and India went up further and Chinese steel mills raised prices accordingly and showed much confidence in the market in February.
With the approach of Chinese New Year holiday, CRC and HGI coil markets in China ran relatively steadily in January and prices did not show significant change. Stocks went up gradually in the middle of January and markets were closed in late January, when China were in the holiday.
In the international market, encouraged by the demand increase in some regions, CRC and HGI coil prices in Malaysia, Vietnam and India went up further and Chinese steel mills raised prices accordingly and showed much confidence in the market in February.