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steel products

The mainstream of the steel market is stable today. In terms of market conditions, after the market opened in the morning, the mainstream of small narrowband manufacturers in the main market remained stable and the transaction was weak. The 355-series narrowband market is dominated by stability, and the snails fluctuate in the red in this issue. However, due to the successive holidays in the downstream, the release of demand is insufficient, and it is difficult to have a large volume of transactions. At present, the market price is at a relatively high level. In addition, the long-term market expectations of commerce and trade are acceptable, and the overall market has strong resilience.

Most market conditions are stable and rising. In the market, the snail fluctuated in the early trading period, and the pre-holiday holiday atmosphere was obvious, and the market’s wait-and-see mood dominated. According to the traders’ understanding, the current transaction follow-up is obviously insufficient, and the willingness to operate the market is generally low. Most of the pipe factories have entered a holiday state, and the market demand has further shrunk. Considering that there is no major fluctuation in the market near the Spring Festival, it is expected that the short-term or stable order will be the mainstay.

In addition, the price of steel futures fluctuated sharply, and some traders in the market have been on holiday, and the impact of price adjustment has weakened. Demand is basically stagnant, the trading atmosphere is deserted, and the downstream is on holiday one after another. In terms of inventory, the current pressure on traders’ inventory is not high, and there is no willingness to stock up before the year. For the market after the year, the market is more cautious. On the whole, it is expected that the market price of Changsha galvanized pipe will be stable and stable tomorrow.

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Post time: Jan-26-2022