Chinese PPGI market sees slack demand with no big changes in prices

Friday, 06 July 2012 13:15:16 (GMT+3)   |  
During the week ending July 6, the Chinese pre-painted galvanized iron (PPGI) market has seen sluggish demand, with just slight decreases seen in some regions. Average PPGI prices in China's main markets can be viewed in the SteelOrbis price reports section.    

As major new construction projects have not yet been launched, the domestic PPGI market continues to experience a lack of demand. Some traders are not confident about the prospects for the future market, while others are still waiting for signs of improvement.

Amid weak demand, some domestic mills have started to cut production of PPGI. It is expected that the Chinese PPGI market will just see slight fluctuations in the coming period.

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