HGI Coil Market Report December 2011

HGI coil prices in Chinese prevailing markets experienced a downward trend this month for the reason of downstream customers’ weak demand.Asian Metal CopyrightHGI coil prices in Chinese prevailing markets experienced a downward trend this month for the reason of downstream customers’ weak demand.Asian Metal Copyright Most downstream customers were reluctant to build large stocks seeing downstream industries were in a recession.Asian Metal Copyright Consequently, traders were eager to make deals by means of a lower price.Asian Metal Copyright Therefore, the demand was not sufficient which led to a sluggish market.Asian Metal Copyright Therefore, the demand was not sufficient which led to a sluggish market.Asian Metal Copyright At the same time, many traders needed to collect money to ensure their capital flow and pay back loans to banks on time.Asian Metal Copyright Most downstream customers were reluctant to build large stocks seeing downstream industries were in a recession.Asian Metal Copyright Consequently, traders were eager to make deals by means of a lower price.Asian Metal Copyright Consequently, traders were eager to make deals by means of a lower price.Asian Metal Copyright Considering the most important Chinese Spring Festival is coming with a 7-day holiday in January, insiders predict the market is hard to improve in the following month.



.Asian Metal Copyright Considering the most important Chinese Spring Festival is coming with a 7-day holiday in January, insiders predict the market is hard to improve in the following monthAsian Metal Copyright