According to the latest market report provided by the well-known steel information agency “My Steel”, in the past week, the domestic steel market has generally undergone a consolidation trend, prices of different varieties have gone up and down, of which construction steel prices have dropped slightly. The price rose slightly.
According to "My Steel" monitoring, in the past week, the specific market trend of domestic major steel products is: the overall spot price of construction steel fell, among which Guiyang, Chongqing and other southwestern regions suffered the largest drop, dropping by RMB 60 per ton. 90 yuan; plate prices rose slightly, Wuhan, Kunming and other places ton price rose to 50 yuan; cold and hot rolled products, the overall price rise, to a certain extent, to the weekend correction; Dazhong profile prices low consolidation.
According to the analysis, the spot price of construction steel declined by a small margin. Within a week, a total of 12 rebar manufacturers and 14 wire rod manufacturers adjusted the ex-factory price. The number of steel mills for price adjustment was significantly lower than that of the previous week. As the construction steel market gradually entered the off-season demand and inventory is still further increasing, it is estimated that prices will generally fluctuate in the low-price region, but the rate will not be too great.