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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 19 Commentary On The Plate

Apr 19, 2018

Commentary on the plate: As billet prices and black-based futures continue to rise, today's steel mills continue to increase their lock prices, and plate market prices continue to climb. As prices continue to pull up in the near future, there is not enough willingness to pay high prices in the lower reaches of the market. Poor deal. At present, most businesses do not have much resources in their hands, and their specifications are incomplete. In particular, manganese board resources are in short supply, and businesses are not willing to sell at a low price even under pressure from stocks. As a result, the market does not want to be low, and the high prices downstream are not willing to purchase, resulting in a general market turnover. Looking at the market outlook, with the relatively favorable external environment, the order price of steel mills has continued to shift its focus, supporting strong market prices. Coupled with the pressure of market inventory is not large, businesses lower willingness to lower. However, for the downstream prices that have continued to rise in the near future, they are generally accepted and must be alert to the risk of falling prices. In the near term, market sentiment is still spreading, and it is expected that prices in the domestic plate market will continue to operate at high levels in the short term.

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South of Qiantong Road,Cangzhou City,Hebei,China

86-317-8517170

whatsapp/Wechat: 86-13303171370

export@jundesteelpipe.com

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