HGI Coil Market Report November 2011
2011-12-01 08:47:43 【Print】
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HGI coil prices in Chinese prevailing markets experienced a downward trend this month for the reason of downstream customers’ weak demand
. As most downstream customers were just holding a wait-and-see attitude towards the market and the demand was not sufficient to support an active market . Besides, traders faced a tough situation to collect money to ensure the capital flow . Therefore, they were eager to make deals by means of lowering their offers . Insiders predict the market is hard to improve in the following month.