Variety steel daily price quotes

  Rebar: On September 26, the average price of 20mm three-level seismic rebar in 31 major cities in the country was 3831 yuan/ton, down 15 yuan/ton from the previous trading day. Rebar: On September 26, the average price of 20mm three-level seismic rebar in 31 major cities in the country was 3831 yuan/ton, down 15 yuan/ton from the previous trading day. Specifically, the low spiral shock in the morning, the morning of domestic construction steel prices continued yesterday’s decline. From the perspective of transaction, the morning market turnover is general, the afternoon spiral weakness does not change, some market spot prices continue to fall, the terminal procurement again fell into the wait-and-see mood, the actual turnover increased, the overall shipment situation is still general. In the short term, the market demand is sluggish, the funds of housing enterprises are generally tight, the market risk aversion is increased, and the sentiment of stocking up before the holiday is not strong. Therefore, it is expected that domestic construction steel prices will continue to weaken and shake mainly on the 27th. Specifically, the low spiral shock in the morning, the morning of domestic construction steel prices continued yesterday’s decline. From the perspective of transaction, the morning market turnover is general, the afternoon spiral weakness does not change, some market spot prices continue to fall, the terminal procurement again fell into the wait-and-see mood, the actual turnover increased, the overall shipment situation is still general. In the short term, the market demand is sluggish, the funds of housing enterprises are generally tight, the market risk aversion is increased, and the sentiment of stocking up before the holiday is not strong. Therefore, it is expected that domestic construction steel prices will continue to weaken and shake mainly on the 27th.

  Hot-rolled coil: On September 26, the average price of 4.75mm hot-rolled coil in 24 major cities across the country was 3914 yuan/ton, down 24 yuan/ton from the previous trading day. Black commodity futures oscillated down, spot prices in the morning slightly down, the market turnover was poor, the afternoon pan continued to dive, the market turnover further cooled, the market mostly dark down trading. Overall, the recent steel mill shipments have accelerated signs, the demand is not good, inventory further accumulation, coupled with the approaching Mid-Autumn Festival National Day holiday, the willingness to stockpile goods before the holiday is not strong, it is expected that the short-term hot rolled coil spot price or will continue to weak operation.

  Cold-rolled coil: On September 26, the national average price of cold-rolled coil spot was 4723 yuan/ton, down 3 yuan/ton from the previous trading day. Black futures fluctuated down, because the market cold rolled inventory pressure is not large, some market prices fell slightly. In terms of mentality, pre-holiday replenishment demand has not seen a significant recovery, coupled with the current hot and cold price difference is too large, traders are still cautious to wait and see the future market. In summary, under the condition of tight balance between supply and demand, it is expected that the spot price of cold-rolled coil in the country on the 27th will mainly fluctuate in a narrow range.

  Medium and thick plate: On September 26, the average price of 20mm general plate in 24 major cities in the country was 3997 yuan/ton, down 13 yuan/ton from the previous trading day. Futures board wide down, the market trading atmosphere is depressed, the overall trading is not good. According to market feedback, the traditional peak season demand and downstream replenishment are weak, steel mills are on the edge of profit and loss, and the current raw material cost is still strong, but it is difficult to support spot prices. From the supply side, the enthusiasm of steel mills to actively reduce production is not high, and the supply pressure is still in. On the whole, it is expected that the domestic medium and thick plate price volatility will weaken on the 27th.

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