CRC and HGI coil Market Report October 2015
2015-11-03 08:45:19 【Print】
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Prices for CRC and HGI coil were still on a downward trend in October, traditionally regarded as the peak season for steel consumption. Demand from the automobile industry continued to be weak, influenced by the slow development of China’s economy
. Producers announced losses in Q3 of this year . There were no signs of market recovery throughout the whole month . Insiders predict prices for CRC and HGI coil are unlikely to rebound in November.