News summary

May 27, Tangshan Steel City noon broadcastplaytowincryptogames, the ex-factory price of plain billet remained stable at 3560 yuan (including tax). Spot prices are weakplaytowincryptogames, the overall transaction was poor, and downstream finished material prices were adjusted weakly. The total billet inventory is approximately 63playtowincryptogames.810,000 tons, increasing to 3 per dayplaytowincryptogames.3,000 tons, and 11,700 tons were delivered out of the warehouse.

Newsletter text

[The steel market in Tangshan has stabilized, with total inventories reaching 638,100 tons] The ex-factory price of Qian 'an Pu billet in Tangshan has remained stable at 3560 yuan including tax, unchanged from the previous day and last Friday. Due to the weak spot price, it fluctuates in the range of 3610 to 3620 yuan, while the market price in East China is between 3590 and 3610 yuan. Trading activity in the secondary market is relatively low, downstream finished material prices show a weak adjustment trend, and the overall market transaction performance is relatively light. In terms of inventory, according to the latest data, the total stock of billet in sample warehouses in Tangshan has accumulated to approximately 638,100 tons, with a single-day warehousing volume of 33,000 tons and a warehouse volume of 11,700 tons. As for strip steel products, the ex-factory price of strip steel in Tangshan also showed a weak trend. The ex-factory price of Baosheng's small narrowband was lowered to 3750 yuan including tax, a decrease of 10 yuan from the previous period.