GI/PPGI market weakness recently

Near the Chinese Spring Festival, the steel industry whole entered the consumer off-season. The price of hot-dip coil in the upstream of galvanized steel sheet went down with an overall decline of 0.93%. The upstream zinc trading was weak with the price drop of 0.82%. The upstream raw material prices declined weakly, galvanized sheet prices fell slightly, while the downstream color coated plate prices fell 0.76%.