SteelOrbis Shanghai
The market prices of color
coated coils have remained stable with slight increases this week. The trade volume has not changed greatly compared with last week and the market inventories are still at a low level.
Although color
coated coil market prices still continue to increase, the range of increase has declined gradually as
galvanized coil prices have kept stable. The market demand has not increased largely, but low market inventories provide a strong support for the stable price of color
coated coils in the future.
Furthermore, no steel mill has adjusted its color
coated coil ex-factory prices this week. In the future, the changes in color
coated coils supply and demand will largely determine the market prices of color
coated coils.
The weekly increase in the average price of 0.476 mm color
coated coils is RMB 50/mt ($6); that of 0.4 mm is RMB 16/mt ($2), and while the average price of 0.286 mm color
coated coils imported from Taiwanese Yieh Phui remained unchanged.