During the week ending November 6, Chinese domestic hot dip galvanized (HDG) prices have indicated a stable trend, while overall transaction activity has remained sluggish. Average HDG prices in the local Chinese market can be viewed in the SteelOrbis price reports section.
During the given week, the slackness of transaction activity in the Chinese domestic HDG market has contributed to the lack of change in prices. Most traders have reported slow sales, with traders selling less than 100 mt of HDG per day. It is expected that HDG prices in the Chinese domestic market will continue their stable trend in the coming week against the backdrop of the ongoing sluggishness of demand from downstream users.