CR coils, galvanised steel to track global trend

摘要

IT'S not just hot-rolled (HR) coil, prices of cold-rolled (CR) and galvanised steel are also on the rise globally, lending credence to the views held by experts all along (the present steel price movements indicate neither a downturn nor an upturn) they are market corrections. On the heels of the 20 dollars-25 dollars price hike in HR coils by international steel majors, comes the news that prices of CR sheets and hot-dip galvanised steel may to shoot up by 60 dollars-70 dollars per tonne.