The prices of ductile iron manhole covers are relatively high recently
In the case of weak demand for steel mills and foundry units, some iron mills have begun to take profit shipping measures. At present, the prices of spheroidal graphite cast iron manhole covers are relatively high, and the market has more prices and no market. The actual transaction is mostly based on a single negotiation, and most merchants are bearish on the later market.
Signs of a pick-up in the steel market are more obvious, and some steel varieties have risen. Taking the Tangshan billet market as an example, this week the Tangshan billet market has continued to rise slightly, and has formed a more favorable supporting role for the current subway ore market. However, there are currently no signs of an increase in the offer of iron fines by large local households. The steel market is expected to continue its upward trend next week, thus supporting the iron ore market.
According to the monitoring data of Lange Steel's cloud business platform, as of press time: Steelmaking pig iron (L10): Tangshan area reported 3050 yuan (ton price, the same below), Wu'an area reported 3050 yuan, Linyi area reported 3,000 yuan, Yicheng area At 2,940 yuan, down 20-80 yuan from last week. Foundry pig iron (Z18): Wu'an district reported 3,600 yuan, Yicheng district reported 3,300 yuan, Zibo district reported 3,250 yuan, Xuzhou district reported 3,290 yuan, down 20-100 yuan from last week. Ductile iron (Q12): Yicheng district reported 3140 yuan, Linyi district reported 3290 yuan, Xuzhou district reported 3290 yuan, down 10-70 yuan from last week.