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  • Monthly CRC and HGI Coil Market Report Feb 2022

    2022-03-09 18:50:56   【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

    Upon the expectation of demand recovery and firm prices of raw materials, CRC and HGI coil prices in most Chinese regions increased by around RMB100/t (USD16/t) this month. However, after the Chinese New Year holiday, the demand from downstream industries picked up very slowly, which restricted prices from rising sharply.Asian Metal Copyright However, after the Chinese New Year holiday, the demand from downstream industries picked up very slowly, which restricted prices from rising sharply.Asian Metal Copyright Some steel mills in North China reduced production due to the pollution curbs during the winter Olympics and resumed regular production after February 20.Asian Metal Copyright However, after the Chinese New Year holiday, the demand from downstream industries picked up very slowly, which restricted prices from rising sharply.Asian Metal Copyright Exporters gained confidence in raising offers this month seeing the rise at home and abroad.

    In the international market, CRC and HGI coil prices in Malaysia, Vietnam and India rebounded this month upon higher prices of raw materials and better expectation for the demand recovery.

    .Asian Metal Copyright Some steel mills in North China reduced production due to the pollution curbs during the winter Olympics and resumed regular production after February 20Asian Metal Copyright
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