8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Monthly CRC and HGI Coil Market Report May 2020
2020-06-05 08:12:36 【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
Supported by reducing supply and higher raw materials' prices, prices of CRC and HGI coil in Chinese leading markets rebounded by around RMB300/t (USD42/t) and RMB200/t (USD28/t) respectively in May. However, as the demand growth was limited, the market performance weakened in late May. Steel mills were still not very active in CRC and HGI coil production due to thin margin profit.
In the international market, CRC and HGI coil prices in many Asian countries like Malaysia, Vietnam and India showed some signs of moving up but the markup was much smaller than it was in China, as the market in these countries remained dull after the COVID-19. Chinese CRC and HGI coil export prices kept going up this month encouraged by the sharp rise in domestic market.
.
Supported by reducing supply and higher raw materials' prices, prices of CRC and HGI coil in Chinese leading markets rebounded by around RMB300/t (USD42/t) and RMB200/t (USD28/t) respectively in May. However, as the demand growth was limited, the market performance weakened in late May. Steel mills were still not very active in CRC and HGI coil production due to thin margin profit.
In the international market, CRC and HGI coil prices in many Asian countries like Malaysia, Vietnam and India showed some signs of moving up but the markup was much smaller than it was in China, as the market in these countries remained dull after the COVID-19. Chinese CRC and HGI coil export prices kept going up this month encouraged by the sharp rise in domestic market.
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