China June 29th Steel Price Morning Report - Latest Market Trends
China June 29th Steel Price Morning Report - Latest Market Trends
【Construction Steel】
On the 28th, the prices of construction steel in the market fluctuated within a range, with the average price of rebar in major cities at ¥3,846 per ton, an increase of ¥27 per ton compared to the previous trading day.
【Hot Rolled】
On the 28th, the hot-rolled spot price continued to rise. The average price in major cities across the country is ¥3,879 per ton, up ¥20 per ton from the 27th, down 2 per ton from the same period last week.
【Cold Rolled】
On the 28th, the average price of cold-rolled plates in major cities across the country was ¥4603 /ton, up 6 /ton from the previous working day, and down 2 /ton from the same period last week.
【Seamless Tube】
On the 28th, the mainstream price of the seamless pipe market was stable, and the transaction was light. The average selling price of 108*4.5 seamless pipes in 33 cities is ¥4,857 /ton, which is basically the same as that of the previous trading day, and 9 /ton higher than that of the same period last week.
【Stainless Steel】
On the 28th, the stainless steel spot mainly operated steadily. Wuxi market: 304 cold-rolled TISCO offers ¥15,550 /ton, which is stable compared with the previous trading day; Hongwang Resources offers ¥15,100 /ton, which is stable compared with the previous trading day; tons, down ¥50 /ton from the previous trading day.
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