HGI Coil Market Report August 2014
2014-09-03 08:56:21 【Print】
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The HGI coil market in China performed slowly in August as the demand from downstream industries shrank further during the traditional off-season. Prices for related steel products such as CRC and HRC witnessed a downward trend during the month
. Participants’ pessimistic outlook spread across the market as there was no favorable news from downstream or upstream industries . Insiders predict that it is unlikely that the price of HGI coil will rebound in September.