During the week ending January 19, hot dip galvanized (HDG) prices in the Chinese domestic market have trended sideways amid low activity levels. Average HDG prices in the Chinese market can be viewed in the SteelOrbis price reports section.
Activity in the Chinese HDG market has slowed down ahead of next week's Spring Festival holiday, though new supplies have continued to arrive into the market. End-users and downstream companies have already completed their HDG stocking activity before the holiday, while most traders have closed their sales. No new offers are being issued by traders.
The Chinese HDG market is not expected to indicate any significant change before China's Spring Festival holiday.