Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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September 2015 | Galvanized Steel and Tinplate Market Tracker


Chinese stability to prove temporary: Latest analysis


While much of the European market, especially in northern countries, has been immune to the China-driven downturn, we continue to believe it only a matter of time before prices in the north adjust downwards, following developments in the south.

The ongoing retreat in Chinese domestic and export prices has been slowing over the past month, despite the acute declines seen in substrate markets. In spite of these encouraging signs for coated suppliers, Baosteel has nonetheless sought to target further price cuts. Although the mill targets are reactions to earlier spot market moves, there is still...

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