EU’s hot-dipped galvanized coil price may face downturn pressure
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Update time : 2020-06-12 18:55:36
According to the market in the EU, the demand for hot-dipped galvanized coil was remained weak, mainly caused by the weak sales in the downstream industries including the automotive industry.
In April, the total sales of automobiles in the EU had declined by 76% year on year, which was also the 4th consecutive decline month, which might further pressure the price of the hot-dipped galvanized coil in domestic.