Steel Morning Post（20230129）
Release time:2023-01-29 09:32
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Reading volume:

1. Yesterday, the price of square billet rose 40%, Tangshan Qian'an Resources 3870, Qinhuangdao Lulong Resources 3870; All of them are ex-factory with taxes, and the traders' resources are about 3940.

2. Building materials in the morning: yesterday, steel enterprises pushed up 30%, and the market price rose 10-30. Some businesses continued to replenish goods, which led to the overall transaction, but the downstream has not recovered yet. The short-term supply side mentality is strong, and the market price may be stable.

3. Hot rolling in the morning: the market of hot rolling plate and coil kept a fluctuating upward trend yesterday, and the transaction was light. Some terminals and traders have not yet returned to the market. The short-term price is driven by the mentality, and the price of hot rolling plate and coil is expected to be higher today.


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