CRC and HGI coil Market Report September 2015

Prices for CRC and HGI coil continued to be on a downward trend in China this month, influenced by the stagnant demand from downstream consumers. Steel mills were short of confidence in the market recovery and had to lower ex-works prices to attract orders to reflect the slide in production costs.Asian Metal CopyrightPrices for CRC and HGI coil continued to be on a downward trend in China this month, influenced by the stagnant demand from downstream consumers.Asian Metal Copyright Participants showed little optimism regarding the market outlook with China’s economy running slowly.Asian Metal Copyright Participants showed little optimism regarding the market outlook with China’s economy running slowly.Asian Metal Copyright Insiders predict prices for CRC and HGI coil will decline further in October.