Slight uptrend witnessed in Chinese PPGI market

Friday, 23 November 2012 16:15:00 (GMT+3)   |   Shanghai
During the week ending November 23, pre-painted galvanized iron (PPGI) prices have continued to move up in the Chinese domestic market, registering a slight increase. Average PPGI prices in the Chinese market can be viewed in the SteelOrbis price reports section.

While overall supply levels are relatively low in the Chinese PPGI market, at the same time downstream demand has not yet recovered. Meanwhile, traders are cautious on the prospects for the market in the coming period. It is thought that PPGI prices in China will trend up slightly in the coming seven days.

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