Steel Morning Post（20221121）
Release time:2022-11-21 11:39
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Reading volume:

1. Yesterday, the common billet was popularized. Tangshan Qian'an Resources dropped by 20 from 3520 and Qinhuangdao Lulong Resources dropped by 40 from 3500.

2. Reminder in the morning of hot rolling: the market of hot rolled coils was stable and weak at the weekend, and the market transaction was average. The price of billets fell 40-60 years, driving the market to be pessimistic. The coil price or weakness was consolidated this year.

3. Building materials in the morning: the market price mainstream is weak at weekends, the billet price has dropped 40-60 years, the market sentiment is weak, there are few inquiries, the overall transaction is weak, and the short-term market price or weak adjustment operation

4. In the morning, the market price of medium and heavy plates became stable at the weekend, with some rising and falling. Downstream procurement was more cautious, and traders' shipments were poor. The current market news is good, and the market price is expected to consolidate.

5. Cold rolling in the morning: the market price of plate fell partly at the weekend, the general atmosphere of the steel market turned empty, the price of Tangshan billet fell, the cost support of cold rolling coil raw materials fell, and the cold rolling part is expected to fall with this year


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