HGI Coil Market Report September 2014
2014-10-08 09:32:26 【Print】
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The HGI coil market in China failed to make progress in September, the traditional peak season for steel consumption. Demand from downstream consumers didn’t improve significantly
. In addition, prices for raw materials such as iron ore fine continued to decrease, weakening participants’ confidence in the future market trend . Insiders predict that it is possible the price of HGI coil will go down further in October, but the mark-down will be reduced.