Steel Morning Post (20220802)
Release time:2022-08-02 09:58
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Reading volume:

1. Yesterday, the billet was stable, Tangshan Qian'an Resources 3760, Qinhuangdao Resources 3760 including tax ex-factory. Trader Resources 3830.

2. Hot-rolled morning reminder: Yesterday, the hot-rolled coil market maintained an upward trend, and the current situation of weak transaction gradually appeared. The merchants were cautious and concerned about whether the coil price could continue to rise today.

3. Shandong Building Materials Early Review: Yesterday, the conch fluctuated upwards. Steel companies actively raised factory prices, and merchants followed the increase in shipments. However, the market waited and saw an increase, and the transaction performance was average. Today, steel companies may continue to hold up prices, and it is expected that the market price will be mainly stable.


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