HGI Coil Market Report May 2013
2013-06-04 09:01:28 【Print】
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This month, prices of HGI coil in Chinese prevailing markets recorded a downward trend. They dropped by a wide margin during the second half of the month, affected by the great price decrease of raw materials like iron ore and coke. June is known as the slack season for steel market, so the demand from downstream industries will be more insufficient. Insiders deem prices of HGI coil have no chances to rebound in the coming month.
