Monthly CRC and HGI Coil Market Report Aug 2018
2018-09-05 14:30:51 【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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1. Market Highlights
CRC and HGI coil prices in Chinese leading markets continued on the upward trend in early and middle August but turned to the downward trend in late August. Prices were pulled up in August, benefiting from the environmental protection inspection . However, the demand from automobile and home appliance industries remained very weak . Prices began to fall back reasonably in late August and are likely to continue in the first half of September . As the heating season is going to come, steel mills are likely to be restricted from production on the environmental protection . It is possible that steel prices will increase on favorable policies . Insiders predict that prices of CRC and HGI coil will firstly fall down and then move up in September but they are likely to stay at the similar level as those at the end of August.
CRC and HGI coil prices in Chinese leading markets continued on the upward trend in early and middle August but turned to the downward trend in late August. Prices were pulled up in August, benefiting from the environmental protection inspection . However, the demand from automobile and home appliance industries remained very weak . Prices began to fall back reasonably in late August and are likely to continue in the first half of September . As the heating season is going to come, steel mills are likely to be restricted from production on the environmental protection . It is possible that steel prices will increase on favorable policies . Insiders predict that prices of CRC and HGI coil will firstly fall down and then move up in September but they are likely to stay at the similar level as those at the end of August.