On September 3, the market price of Shanghai 05CuPCrNi cold rolled sheet was basically stable, and the market transactions were average. It is reported that the transaction volume at high prices is relatively limited, but considering the current market resources continue to be scarce, merchants are not willing to sell low, and the mainstream price of cold rolled coil resources in the 05CuPCrNi market today is 4680-4700 yuan/ton. The arrival resources of steel mills are still low, and individual merchants will sell out after a small amount of goods are replenished. The spot inventory continues to be low, and today's transaction performance remains at a relatively good level. On the whole, it is expected that the spot price of Shanghai 05CuPCrNi cold-rolled sheet will continue to consolidate at a high level.
On September 3, Katalor Industry Company's
cold rolled sheet 05CuPCrNi prices were basically stable, and market transactions were average. According to feedback from traders, the current market quotation is relatively high, but the market transaction performance is average, and some merchants have offered 10-20 yuan/ton for shipment. It is reported that the supply of some steel mills was greatly reduced this month. The overall shipment volume in the early period was 20,000 tons per month, but the shipment volume in recent months has been reduced to about 10,000 tons, so the arrival of resources in the later period will continue to decrease. Katalor Industry Company's cold-rolled sheet 05CuPCrNi prices are unlikely to fall sharply. On the whole, it is expected to continue to consolidate at a high level in the short term.
