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US HDG steel price in downward trend

It is reported that the current stock level of hot dip galvanized steel flat was running low in US market and thus both mills and traders might consider boosting the price up in the coming spring.

Currently, the local GI base price was between USD 661 to USD 705 per tonne and predicted to stand stable due to tight supply till the spring. Specifically, G90 0.48MM*1219MM HGI from local mills is transected at USD 860 to USD 904 per tonne based on ex work price.

Jan 28, 2009 11:06
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