High speed observation board for Beiliu settlement in Guangxi

Description :

　　High speed observation board for Beiliu settlement in Guangxi

　　market price

　　Steel prices remain stable with a slight increase today

　　Four out of 24 markets for rebar have seen a 10-40 increase, with an average price of 4791 yuan/ton for 20mm HRB400E, an increase of 3 yuan/ton from the previous day;

　　Among the 24 markets for hot-rolled coils, 7 saw a rise of 10-50 yuan and 2 saw a decline of 10 yuan. The average price of 4.75 hot-rolled coils was 4884 yuan/ton, an increase of 8 yuan/ton from the previous day;

　　Among the 23 markets for medium and thick plates, 5 have risen by 10-60%. The average price of 14-20mm ordinary medium plates is 5038 yuan/ton, an increase of 7 yuan/ton from the previous day.

　　Today, a total of 26 steel mills adjusted their prices, among which 14, accounting for 53.8%, increased their prices by 10-70 yuan/ton, with an increase of Huaigang Special Steel; No downward adjustment; 12 companies remained stable, accounting for 46.2%.

　　Steel futures saw a slight increase today

　　Today, the main thread force rose 5, closing at 4711, an increase of 0.11%; Hot coil main force rose 10, closing at 4822, an increase of 0.21%; The main force of coking coal fell 59.5, closing at 2206.5, a decrease of 2.63%; The main force of coke fell 41.5%, closing at 2907.5, a decrease of 1.41%; The main force of iron ore rose 16.5 to close at 755.5, an increase of 2.23%.

　　Weekend Steel Price Forecast

　　From the price adjustment policies of steel mills such as Shagang, it can be seen that they are still adopting a conservative attitude from late January to early February, not making significant price adjustments, and will make plans based on market conditions after the New Year. On the one hand, this is due to weak downstream demand, and on the other hand, it is due to uncertain factors disrupting expectations. In addition, in response to the call of the country to ensure supply and demand stability, the China Coal Transportation and Sales Association has held another meeting to implement the specific details of ensuring supply and demand stability, further ensuring the stability of coking coal and coke prices. However, the slight increase in iron ore prices this week has provided some support for steel prices. Therefore, it is expected that prices will remain stable with some increase over the weekend, but the magnitude will be limited.

AfterSalesService :

• Guangxi Beiliu Sedimentation Plate