CRC and HGI coil Market Report May 2016
2016-06-02 14:43:36 【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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In late April, prices of CRC and HGI coil began to fall back after they reached peak levels
. In May, prices of CRC recorded a month-on-month markdown of around 15% and those of HGI coil saw a markdown of about 7%, which was influenced by the bad market performance . Participants became to take cautious attitudes towards the coming market . As June is the traditional low season for steel consumption, it is difficult to see a strong demand in the coming month . Insiders predict prices for CRC and HGI coil are likely to come down further in June.