During the week ending December 5, Chinese domestic hot dip galvanized (HDG) prices have mainly been stable, remaining at relatively low levels. Average HDG prices in the local Chinese market can be viewed in the SteelOrbis price reports section.
Demand and overall activity in the Chinese domestic HDG market are still tepid. On the one hand, mills' inventories have remained at high levels. On the other hand, traders are slow to place orders and so market inventory is low. It is expected that local Chinese HDG prices will just see some minor fluctuations in the next seven days.