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Steel prices are ups and downs

Steel prices are ups and downs

On the 17th, Tangshan billet temporarily stabilized at 3390, and the straight billet transaction performance was average. At present, Tangshan and surrounding billet bills are subject to tax of 3,390 yuan/ton, including tax, and the mainstream steel mills in Qian'an are temporarily stable at 3,390 yuan/ton. The price of nakedness is 3,100 yuan, and the prices of other surrounding markets have risen steadily, with an increase of 40-60. The mainstream of local finished products declined, the market trading atmoSPHEre weakened, and the overall transaction was not good. The current trend of the black period snails is different, and it is currently holding a red shock, but the effect of boosting the market has not yet appeared. The steel billet stocks 3450 tax-included transactions, and the weather becomes colder as the winter deepens, the terminal demand is difficult to improve, and downstream Some of the rolling mills are affected by environmental protection, and there are successive restrictions on production. The sales of steel billets are hindered, so short-term billet prices are expected to be weak.

Inventory: The building materials increased slightly, and the heat volume dropped more. As of last week, rebar stocks reached 2,968,700 tons, an increase of 79,800 tons from last week, a decrease of 0.99 million tons compared with the same period of last year; hot coil stocks of 1,090,200 tons, a decrease of 78,000 tons from last week and an increase of 104,100 tons over the same period last year.

Pre: In December, the steel market did not rise enough to fall to the bottom.

Next: Steel prices plummeted

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