CRC and HGI coil Market Report January 2016
2016-02-04 08:44:06 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Prices for CRC and HGI coil in China’s leading markets remained on an upward trend in early January as the supply continued to be relatively tight at the time
. However, prices had little chance ofholding firm later in the month with steel mills deliveringa large amount of new material to the market . As a consequence, prices began to show a downward trend in the latter half of this month . Demand was shrinkingby the end of January with the Spring Festival holiday approaching . Insiders predict prices for CRC and HGI coil will decline slightly in February.