Today, S460NL plate market tends to be strong and volatile, 25% hr coil stable, 3% down, 72% up; 32% S460NL plate and other medium plate stable, 3% down, 65% up.
The growth of S460NL plate and other medium plate markets slowed down, and the shortage prices in some markets were mainly raised to support the price. However, the overall transaction volume was generally weak compared with yesterday, with more stable and stronger prices. The short-term growth space was narrowed and the operation was mainly strong.
The hr coil market continued to rise, but the increase was narrower than yesterday. At present, the price of hot-rolled common carbon steel in some markets is much higher than that in the same period of last year. The market transaction situation is relatively low, traders are worried, upstream and downstream enterprises are afraid of heights. Short term futures are still expected to rise. It is expected that hr coil prices will be stronger tomorrow.
Forecast for tomorrow: short term S460NL plate market may continue to be strong, it is expected that the market will be stronger in the future.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!
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