Monthly CRC and HGI Coil Market Report Nov 2019
2019-12-05 09:19:36 【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 rebounded in November, supported by the relatively tight supply and higher prices of raw materials. Prices rebounded fast in the middle of the month and the market performance showed signs of improvement during this time. Steel mills announced to keep prices stable for December production, showing no strengthened confidence in the coming market.
In the international market, CRC and HGI coil prices in Malaysia, Vietnam and India began to rebound this month, with prices in the international market moving up. Chinese steel mills also lifted CRC and HGI coil accordingly.
Prices for CRC and HGI coil prices in Chinese leading markets rebounded in November, supported by the relatively tight supply and higher prices of raw materials. Prices rebounded fast in the middle of the month and the market performance showed signs of improvement during this time. Steel mills announced to keep prices stable for December production, showing no strengthened confidence in the coming market.
In the international market, CRC and HGI coil prices in Malaysia, Vietnam and India began to rebound this month, with prices in the international market moving up. Chinese steel mills also lifted CRC and HGI coil accordingly.
