Jiangsu wear-resisting steel plate market weak downward. As of December 11, 2018, the average price of K550 steel plate 5800 yuan (ton price, the same below), compared with the last trading day down 28 yuan, compared with the same period last week down 51 yuan, compared with the same period last month down 446 yuan.
At present, Jiangsu wear-resisting steel plate market prices follow the mainstream of domestic steel market, continue to rise and fall pattern. Today, as futures low open high, the spot market has a certain improvement. However, in terms of the overall situation of the market, due to the poor demand in the north, there is no upward momentum, so the overall achievement is relatively general, while the south is relatively better than the north. Steel: November cost index rose slightly, and steel price index dropped significantly, it can be seen that the profit space significantly reduced that month, steel profits or hit the lowest level of the year. At present, although there is a reduction in steel works, but the output is still not low. On the demand side, the terminal sub-terminal demand continues to weaken, and the supply side pressure remains. On the other hand, the trade friction between China and the United States eased and tangshan production restriction policy, driven by the short-term market slightly optimistic. It is reported that on December 9, the city issued a “on the start of heavy pollution weather ii emergency response notice”, Tangshan production limit tightening, short-term market confidence has support. However, the early release of staggered peak production is still not specified specific execution time, so production limit support strength still needs to pay attention to. In general, domestic jiangsu wear-resisting steel market price or continue to run weak.