【Market Summary】
On the 7th, the price of square rectangular pipes nationwide was slightly adjusted, and the strip steel price was adjusted. The pipe factory had no price adjustments. Some specification merchants sold goods upside down. According to the feedback of traders, today’s shipments were normal, and the downstream wait-and-see attitude was strong. With a cautious wait-and-see attitude towards the later stage, it is expected that the square tube market will continue to operate stably in the short term.
【Today’s price】
Today, the price of square tube is slightly adjusted. Quotation prices for rectangular pipes in Shanghai market are 5170 yuan/ton, rectangular pipes in Lecong market are 5220 yuan/ton, rectangular pipes in Daqiuzhuang market are priced at 5,000 yuan/ton, rectangular pipes in Chengdu market are offered at 5150 yuan/ton, and rectangular pipes in Shenyang market are offered at 5,150 yuan/ton. The tube price is 5130 yuan/ton.
[Forecast tomorrow]
Today’s market demand is general, merchants report poor shipments, downstream sourcing enthusiasm is not high, and the wait-and-see attitude is strong. Merchants are not optimistic about the market price in the later period. On the whole, it is expected that the national square tube price will run steadily tomorrow.
[Sample description]
1. All prices are the last online price of Shinestar-steel Group CO.,LTD on the day;
2. The prices listed in the above table are cash, tax-included, and warehouse self-collecting prices, excluding out-of-warehouse fees;
3. The price of strip steel is 2.5mm*232;
4. The price of hot coil is 3.0*1500mm.
Post time: Dec-08-2021