Monthly CRC and HGI Coil Market Report Oct 2019
2019-11-05 17:50:28 【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 gradually went down in October, with demand from downstream industries remaining weak. Prices in South China stayed relatively firm supported by reduced supply. However, most traders did not have confidence in the coming market and were reluctant to hold stocks.
In the international market, CRC and HGI coil prices in Malaysia, Vietnam and India continued on the downward trend dragged by the slow demand from all over the world. In addition, Chinese steel mills kept cutting CRC and HGI coil offers forced by the fierce competition in the international market.
Prices for CRC and HGI coil prices in Chinese leading markets gradually went down in October, with demand from downstream industries remaining weak. Prices in South China stayed relatively firm supported by reduced supply. However, most traders did not have confidence in the coming market and were reluctant to hold stocks.
In the international market, CRC and HGI coil prices in Malaysia, Vietnam and India continued on the downward trend dragged by the slow demand from all over the world. In addition, Chinese steel mills kept cutting CRC and HGI coil offers forced by the fierce competition in the international market.
