Local Chinese PPGI market still faced with lackluster demand

Friday, 28 November 2014 15:27:08 (GMT+3)   |   Shanghai
During the week ending November 28, pre-painted galvanized iron (PPGI) quotations in the Chinese domestic market have indicated a slight downtrend for thick specifications, while remaining on a stable trend for thin specifications, with overall transaction activity still at poor levels. Average PPGI prices in the local Chinese market can be viewed in the SteelOrbis price reports section.

During the given week, buyers from downstream industries only made sporadic purchases, resulting in slack transaction activity. The capacity utilization rates of PPGI producers are at low levels amid a lack of sufficient orders. Recently, PPGI export volumes have declined, resulting in negative pressure on the domestic market. It is expected that PPGI prices in the Chinese domestic market will follow a downward movement in the coming week.


Similar articles

Baosteel keeps local HRC prices stable for April

11 Mar | Flats and Slab

Baosteel raises local HRC prices by $14/mt for March

11 Feb | Flats and Slab

Baosteel keeps local HRC prices stable for February

07 Jan | Flats and Slab

Baosteel keeps its HRC price stable for January next year

11 Dec | Flats and Slab

Baosteel keeps its HRC price stable for December

12 Nov | Flats and Slab

Baosteel raises its HRC price by $71/mt for November

11 Oct | Flats and Slab

Baosteel keeps HRC prices stable for October

11 Sep | Flats and Slab

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab

Baosteel keeps most of its local flat steel prices stable for February

11 Jan | Flats and Slab

Baosteel raises local HRC prices by RMB 200/mt for January

12 Dec | Flats and Slab

Marketplace Offers

HDG Coil
Thickness:  0.5 - 4 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
HDG Trapezoid Sheet
Thickness:  0.25 - 0.47 mm
Width:  925 mm
Length:  0 mm
FALCON STEEL (PTY) LTD
Prepainted Coil
Thickness:  0.4 mm
Width:  1,000 mm
Coil:   R
9002
OZGUN METAL