HGI Coil Market Report March 2012
2012-04-01 08:56:19 【Print】
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HGI coil prices in Chinese prevailing markets experienced an upward trend this month, but the market did not show obvious improvement caused by downstream customers’ weak demand
. Considering most downstream customers are still not eager to build large stocks but inclined to purchase according to urgent needs, traders are not quite confident of the coming market . However, in view of the high purchase cost, insiders predict the price is likely to move up in the following month.