Last
week, Chinese spot steel price index fell 0.26% compared to last week. At
present, China steel futures steel market has experienced a decline after the
high point. At the same time, Chinese steel billet prices are slightly down. The
Chinese traditional New Year holiday is approaching, many traders are gradually
away from the steel market, Chinese spot steel market trading atmosphere is cold.
Chinese steel market prices have entered the pre-holiday mode. However, the
global iron ore market is still running low, in the case of low overall
inventory, the traders keep stable state of mind, because the price adjustment
space is limited.
According
to the analysis, in the construction steel market, prices fell slightly in.
Within a week, southern China steel prices fell 10-80 RMB, only parts of
northern China rose slightly. Year approaching, because the construction site plan
to have holiday continuously, the steel market demand is more limited. In the
case of low stock market, some traders offer slightly higher, however some traders
are slightly loose on the offer.
On
the Chinese steel plate market, prices were generally steady. Chinese hot
rolled coil price small rise, Chinese hot rolled coil prices in southern rose
10-20 RMB this week, while central China hot rolled coil prices fell slightly.
Chinese steel plate prices show a weak state, northern China plate prices in
one 10-30 RMB with a week, while China Southern plate prices rose slightly.
Relevant
analysts believe that because of Chinese traditional Spring Festival in
February, most of the time Chinese steel market transactions will be in the basically
stagnant situation, China steel price will run smoothly. Given the current
chain stocks are low, the late steel market for the Chinese "to production
capacity," the policy of high hopes, after the effect of the past Spring
Festival, Chinese steel prices will moderate slightly pulled.
Want
to know more price change? Please contact me at sophiapan@okorder.com. China
National Building Materials Group Corporation is the full name of CNBM, which is one of the
largest state-owned groups in China, and listed in the Fortune 500 Enterprises.
We are specialized in stainless steel product, steel billethot rolled steel,
cold rolled steel etc.
Related
Reading:
没有评论:
发表评论