Because of the coming winter, it is said the current hot dip galvanized (HDG) steel coil transaction activity has gone slowly in Russia market.
Although most of Russia's market participants said the HDG price may not drop further in short term, the HDG market price has already cut by about US$5~US$10/ton in the domestic market at last month.
For the export market part, it is said most of the market distributors have already started the new price negotiation with Russia's mills; however, there are not all mills have already released their new price for next January.
Currently, the HDG offer price from central Russia's distributor for size: 1 mm (Z140)GI coil is about US$983~US$988/ton EXW with tax included
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67727&division=A2
