Steel Morning Post(20230228)
Release time:2023-02-28 10:22
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Reading volume:

1. Yesterday, the square billet, Tangshan Qian'an Resources 3900 dropped by 30, and Qinhuangdao Lulong Resources 3900 stabilized; All are ex-factory with tax included. Trader resources are about 3980.
2. Building materials in the morning: yesterday, the market price of the spot fell by 10-20, the demand performance was relatively weak, and the transaction volume decreased slightly, but the short-term supply and demand structure was stable, and the market price was mainly subject to narrow fluctuations.
3. Hot rolling in the morning: the price of hot rolling plate and coil was up and down, and the market transaction was acceptable. Hot-rolled futures rose first and then fell, leading the spot price to maintain the trend of rising first and then falling. The futures market was weak and consolidated, and it is expected that the price of this volume will fall steadily or slightly.

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