Today, the overall market of Shanghai No. 10 steel pipe market is still good, but the price increase is generally strong. At present, there is still a wait-and-see attitude for the market as a whole, and the current terminal market demand has not yet been released.
On the first day after the 8th festival, the overall atmosphere of the 10th steel pipe market is acceptable, but the price increase is generally strong, and the overall price of the 10th steel pipe market needs to wait and see. As of press time, the market first-line resources offer 4360 yuan / ton, second-line resources 4190 yuan / ton; low alloy resources, the mainstream price increase 210 yuan / ton, raw edge thick plate 4420 yuan / ton.
On the first day after the holiday, the future impact of futures rose, the northern region's reduction of production consultation plan and other factors, coupled with the release of some of the terminal demand after the holiday, the overall price of the No. 10 steel pipe market has shown signs of rising. The local large-scale households in the Jiangyin market had better feedback and the price support was stronger. In the steel mills, some northern steel mills started to receive a small amount of orders, and the price of the board was temporarily around 4,200 yuan / ton. The local cost is still around 4,350 yuan / ton, and there is still room for upside down. From the recent overall specifications of the No. 10 steel pipe market, with the recent arrival of resources, the overall market specifications are currently sufficient, but some first-line steel mills such as Anshan Iron and Steel and other resources are still relatively small, this part is mainly based on some of Nangang and Xinyu’s resources are supplemented.
On the whole, the slighter atmosphere in the post-holiday period has eased, and the price of No. 10 steel pipe is expected to run smoothly.
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