Shanghai medium plate 14-20mm thick price

Today, the Shanghai medium plate prices fell slightly. 14-20mm thick Q235B steel plate Katalor Industry weighed, double cut price 5670-5680 yuan / ton. The price of the same specification low alloy steel plate, plus 150-200 yuan / ton.

In terms of the market, the market continued to rise before the Ching Ming Festival, and the initial merchants' willingness to rise after the holiday was obvious. With the firm billet prices, the traders' quotations continued to rise at the beginning of the week, and the transaction volume improved during the period. In terms of mentality, as prices continue to rise, some merchants have made considerable profits from their early inventory resources, and they have maintained active shipments in the near future.

In terms of resources, fewer goods arrive in the Shanghai market, and inventory will be gradually removed. The stocks of plate in the market have been further reduced, and the individual specifications of some merchants have been in short supply. According to statistics of the same caliber, local plate stocks this week amounted to 202,000 tons, a decrease of 16,000 tons from last week's inventory. On the whole, under the circumstance that market inventory is gradually decreasing and short-term arrivals are maintained in small batches, it is expected that local plate prices will still have room for upward movement next week.

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