Weak demand leaves China's CRC, HDG export prices largely unchanged

May 01, 2019 / www.metalbulletin.com / Article Link

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were mostly stable during the week ended on Tuesday April 30 due to lackluster demand in overseas markets.

Buying interest in Southeast Asia was muted over the week due to the uncertainty caused by the elections in Indonesia and the Philippines, a market source in Tianjin said. Cold rolled coilFastmarkets MB's weekly export price assessment for Chinese SPCC 1mm CRC was $565-575 per tonne fob China on Tuesday April 30, unchanged from a week earlier.No bookings for China-origin CRC were reported to Fastmarkets MB during the pricing week, while traders in...

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