It is reported that Chinese hot dipped galvanized coil prices are decreasing continually and demand still keeps weak.
On Shanghai market, the price of 1.0mm HDG by Anshan Steel is RMB4,300/ton, down by RMB150/ton from last Friday. Also, the price for 0.5mm HDG declined by RMB150/ton to RMB4,600/ton.
Meanwhile, the export price of 1.0mm HDG Z120 is between US$680 and US$720 /ton FOB, down by about US$20/ton. The current prices is said to almost reach the bottom level.
SOURCE: YIEH.COM