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  • Hot rolled steel coils will fluctuate and run weakly recently
  • 2020-3-4
  •     On March 3, the national average price of 3.0mm hot rolled coil rose by 3585 yuan / ton, 12 yuan / ton higher than that of the last trading day. The national average price of 4.75mm hot rolled coil rose by 3523 yuan / ton, 12 yuan / ton higher than that of the last trading day.   

         In terms of regions, prices in East China, South China, central China, North China and Northeast China rose slightly, while prices in some cities in southwest and Northwest China fell slightly. Today, the black commodity futures market fell from a high level, and the early quotation of the spot market increased slightly. Yesterday, the market was hot, but today's market transaction was slightly light, and after the increase, the transaction was weak. With the falling of the market, the rise of the spot price was also obviously blocked. In the afternoon, the prices of some merchants dropped, but the transaction still did not improve. With the continuous increase of the arrival of goods and the continuous accumulation of inventory, warehouses in some regions are close to bursting, or will temporarily stop warehousing. The main task for a period of time after that will be to reduce the inventory. In a comprehensive view, the price of hot-rolled plates and coils will fluctuate and run weakly tomorrow.

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