Monthly CRC and HGI Coil Market Report Sep 2019
2019-10-12 12:00:28 【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
Prices for CRC and HGI coil prices in Chinese leading markets went up and down slightly in September. The demand from downstream industries failed to grow significantly as expected, but steel mills and traders tried to hold prices firm on high production and purchasing cost. With profit enlarging, steel mills became more and more active in producing CRC and HGI coil.
In the international market, CRC and HGI coil prices recorded a downward trend on weak demand from customers and tight capital flow. Steel mills in China were forced to lower export offers on the fierce competition in the international market.
Prices for CRC and HGI coil prices in Chinese leading markets went up and down slightly in September. The demand from downstream industries failed to grow significantly as expected, but steel mills and traders tried to hold prices firm on high production and purchasing cost. With profit enlarging, steel mills became more and more active in producing CRC and HGI coil.
In the international market, CRC and HGI coil prices recorded a downward trend on weak demand from customers and tight capital flow. Steel mills in China were forced to lower export offers on the fierce competition in the international market.
