As traders report, in the last few days the market prices of certain galvanized steel products have dropped below the levels of traders' purchasing costs from domestic producers. Faced with the price hikes made by the mills, traders have started to show greater caution in order to avoid incurring greater losses. Meanwhile, downstream buyers are mostly expecting further decreases in prices in the coming period, and so are just booking minimum tonnages for the time being. For the coming week, China's HDG market is expected to maintain its downward trend.
Chinese HDG market still trends down amid weak demand
During the week ending February 16, hot dip galvanized (HDG) prices in the Chinese domestic market have continued to trend downward against a background of poor transaction activity. Average HDG prices in China can be viewed in the SteelOrbis price reports section.
Marketplace Offers
HDG Coil
Thickness
1.1 mm
Width
1,000 mm
Coil
R
DX51D+Z70
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Galvanized Cut-To-Length Sheet
Thickness
0.25 - 2 mm
Width
700 - 1,300 mm
Length
400 - 3,000 mm
Tedarikçi
YILDIZ DEMIR CELIK
Galvanized Slitted Coil
Thickness
0.25 - 3 mm
Width
20 mm
Coil
R
Tedarikçi
YILDIZ DEMIR CELIK