Stocks of ductile iron manhole covers are still at a high level
According to feedback from long products merchants, after the continuous rise in steel prices, the demand in some spot markets has obviously not followed up, and the "enthusiasm for price increases" of merchants is weakening. At present, the nodular cast iron manhole cover manufacturers' inventory is still at a high level, the amount of factory stock is not very large, the traders have a large amount of goods, some stocks are full, but there is no overstock. After entering the middle of the week, most of the long products and sheet materials gradually entered a mixed state.
According to the review of some sheet metal manufacturers, the prices of products such as hot rolling during the holidays in East China and North China have increased significantly, and prices in other regions have also been driven. However, after the "burst" of prices, the order volume gradually decreased, and the momentum of price increases gradually weakened. The plate market is also generally higher, and the same problems are exposed, but fortunately, the plate breakage phenomenon is serious and the market is basically good. In addition, on April 10th, Shagang, Baosteel, and Wuhan Iron & Steel issued a price-factory plan, which reduced the thread by 80 yuan and partially reduced the price of sheet materials. The "adverse trend" of leading ductile iron manhole cover manufacturers was lowered, which affected market confidence.
Comprehensive consideration, the continuous chase of steel prices has caused the steel market to show some worries. This shows that the market's "spirit" is still insufficient. The prices of steel products in some regions have declined. At present, the traditional "peak season" of the steel market has gradually come to an end, and the determination of steel companies to control the rhythm of capacity release remains unchanged. In the short term, the possibility of steel prices returning to shocks is relatively high.