Are steel prices swinging or rising?

Entering December, the overall price of building materials maintained a narrow range of fluctuations, the overall center of gravity moved upward, and the fluctuation space was limited. On the demand side, most of the terminals are based on replenishment on demand, and market speculative demand has significantly weakened; on the supply side, production restrictions are still frequent in various regions, and shortages in some regions are common, and manufacturers are not willing to adjust.

At present, the price of HBIS third-grade large thread in Beijing is 4700 yuan/ton, which has little change from the beginning of the month; the price of Tangshan Anfeng wire rod is 4760 yuan/ton, which is a cumulative increase of 140 yuan/ton from the beginning of the month. From the perspective of the overall market, the fluctuation range of the thread is Smaller, the wire rises slightly expanded.

On the 14th, steel mills adjusted the price of building materials steadily and rose:

On the 14th, the national steel mill snail price policy: stable and strong, each rose 20-50, and the other decreased by 30; among them, the North China snails tended to fluctuate after the opening. The transaction volume was high yesterday, and the spot market prices are firm today, and the steel mill prices are slightly exploring Merchants reported that the downstream replenishment enthusiasm was acceptable, and transactions were held at low levels; steel mills in the southwest region were willing to increase, the market was limited to follow up, and resource specifications were uneven.

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Post time: Dec-15-2021