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Cangzhou Junde Steel Pipe Co.,Ltd

Add: South of Qiantong Road, Cangzhou City, Hebei, China

Contact us:Sunny Yang

Phone: 86-13303171370

Tel: 86-317-8517170

Fax: 86-317-5527266

E-mail: export@jundesteelpipe.com

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2018 04 10 Billet review

Apr 10, 2018

Billet review: Today's steel market in Tangshan continues to be in a better position, and some varieties have deepened their gains. Specifically, due to the impact of yesterday's futures and spot transactions, the spot price of billet was higher after the opening of the market this morning. The transaction volume of 3520 was good in the morning and the market price rose to around 3530-3550. Affected by this, the mainstream billet manufacturers also started to increase. Quote, amplitude 30. Subsequent downstream product prices have followed up, with narrow-band up 40-80, steel 20-40, rising after low shipments, high generally weak. In addition, futures continued to fluctuate and fluctuate and continue to support the market. Afternoon mainstream steel billet manufacturers chased 20, a total increase of 50, cash tax ex-factory implementation 3460 yuan / ton. The recent increase in downstream purchase replenishment, coupled with a more favorable futures performance, has improved the trading atmosphere of the market. Although the high demand has been delayed, it has brought hidden risks to the uptrend market. However, in general, the billet market in recent days has been oscillating and rising. The trend. Tangshan billet manufacturers currently include tax cost 2603

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Contact information

South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp: 86-13303171370

export@jundesteelpipe.com

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