China's HDG prices weaken further

Shanghai 09 July 2008 09:25

China's domestic hot-dipped galvanized coil prices continue to slide on weak demand in the traditional low-consumption summer season. The latest hot-dipped galvanized coil transacted prices are 7,500-7,550 yuan ($1,093-1,101) per tonne this week, down 50 yuan per tonne from 7,550-7,600 yuan per tonne one week ago. Trading volumes are so slow that a Shanghai-based trader told MB it sold...


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