Tangshan billet prices have continued to rise slightly recently, and the current price is 3570 yuan/ton, a cumulative increase of 60 yuan/ton from the same period last week. Affected by this, the prices of medium and heavy plates in the leading markets such as Tangshan and Handan have risen slightly. Looking at the local market, although the price of the peripheral leading market has increased slightly recently, the price has remained high due to the shortage of resources in the local market. Therefore, the local sellers have recently consolidated their prices.
It is understood that the 15mm
A588 grade A weathering steel plate in Tangshan market is currently quoted at 4860 yuan/ton, a slight increase of 30 yuan/ton from the same period last week, and the local price difference is 140 yuan/ton, which is narrower than last week. Mainly due to the recent slight price increase in the Tangshan market, but the relatively small increase in the local market. As for the transaction situation, the merchants report that the current local demand is poor, coupled with the shortage of resources, and the transaction deviation.
For the outlook, the steel market is currently volatile, but the local demand is poor. In addition, there are not many resources and the price is at a high level, so it is expected that the Tangshan A588 grade A steel plate price may continue to consolidate in the short term.
