• Nickel Cathode 99.96%min EXW China(5400)  08-12|Nickel Cathode Norilsk 99.96%min In port China(5300)  08-12|Silicon Metal 5-5-3 Delivered China(500)  08-12|Ferro-chrome Cr 60%min, C 8%max In warehouse Rotterdam(-0.08)  08-12|Ferro-silicon 75%min In warehouse Pittsburgh(-0.05)  08-12|Silicon Metal 3-3-03 P 50ppm max Delivered China(500)  08-12|Silicon Metal 3-3-03 Delivered China(500)  08-12|Ferro-chrome Cr 60%min, C 8%max In warehouse Pittsburg(-0.08)  08-12|Silicon Metal 4-2-1 Delivered China(500)  08-12|Tin Conc. Burmese 20%min In warehouse MengA(4000)  08-12|Tin Conc. Burmese 30%min In warehouse MengA(4000)  08-12|Germanium Dioxide 99.99%min Delivered US(-20)  08-12|Cobalt Metal 99.8%min In warehouse Rotterdam(-0.6)  08-12|Cold Heading Wire 22A Φ6.5mm In warehouse Shanghai(100)  08-12
  • Monthly CRC and HGI Coil Market Report Oct 2021

    2021-11-11 08:30:24   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    Due to the weak demand from downstream industries and softening support from raw materials' prices, CRC and HGI coil prices in Chinese mainstream markets went down by RMB300-400/t (USD47-63/t) this month. Most traders began to lose confidence in the coming market and hurried up in promoting sales.Asian Metal Copyright1.Asian Metal Copyright However, market performance failed to see improvement as downstream customers kept watching the market when prices continued on the downward trend.Asian Metal Copyright1.Asian Metal Copyright Due to sharp price decline in domestic market, Chinese steel mills became inactive in export and cut export prices obviously this month, while overseas customers watched the market when prices did not get rid of the downward trend yet.

    In the international market, CRC and HGI coil prices India moved up on higher raw materials' prices and the expectation of demand recovery. However, those in Vietnam and Malaysia went down due to soft demand and falling prices of imported HRC.

    .Asian Metal Copyright Due to sharp price decline in domestic market, Chinese steel mills became inactive in export and cut export prices obviously this month, while overseas customers watched the market when prices did not get rid of the downward trend yetAsian Metal Copyright
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