According to the market news in the US, the current prices of the cold-rolled coil and galvanized steel coil has faced increment, mainly caused by the steadily increasing price trend from the mills and maintenance season was coming.

Although the current market demand was influenced by the COVID-19 from China, the market participants still not too worried about the market price due to the cutting supply.

By the opinion of one of the steel plate products’ buyers, the current market increase was hard to reach the increasing range which happened in the past 2 months, but the market confidence still could be stimulated.