Steel Morning Post（20221025）
Release time:2022-10-25 09:31
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Yesterday, the square billet was stable, Tangshan Qian'an Resources 3630, and Qinhuangdao Lulong Resources 3630. About 3700 traders.

Late trading trend of futures snail 2301 on Friday: The late trading trend of futures snail was weak and volatile, closing at 3586, down 51/1.4%, with a 5-day moving average of 3616 above and a previous low of 3575 below. (Data source: Shanghai Futures Exchange (SHFE))

Concerns of profiled tube strip blank: the night trading shock of black futures yesterday was weak, the direct delivery volume of steel billets this morning was weak, the narrow strip of Tangxiao was stable, the profile fell 10-20 steadily, the market mentality was cautious, and it is expected that the narrow range will weaken in the day. (Unit: yuan/ton)


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