Domestic spot nodular cast iron manhole cover prices keep a slight upward trend
Demand performance was acceptable, inventory levels continued to decline, and the release of steel production capacity was somewhat limited, making the domestic spot ductile iron manhole cover prices slightly higher. The iron ore market is dominated by shocks. In the past week, the domestic spot steel price composite index closed at 155.69 points, up 0.84% over the week. From last week to the weekend, the billet price and the transaction of steel products showed signs of weakening. However, by the opening of this Monday, the steel market futures fluctuations have strengthened. In addition, some leading domestic steel mills have opened up prices on new pricing, making Spot steel prices and prices rose. Only at the weekend did the transactions slow down due to the high prices.
According to analysis, in the construction steel market, prices have increased significantly. The average price of mainstream rebar products in major markets across the country was 4245 yuan per ton, up 69 yuan a week. Judging from the new inventory data, the decline in steel mill inventories has accelerated compared with the previous week, so the recent price of steel mills has been more positive; the decline in social inventory has been relatively stable. can.
In the plate market, prices have generally risen slightly. The prices of hot-rolled coils rose slightly. The average market price of mainstream hot-rolled products in major markets across the country was 4,328 yuan per ton, up 13 yuan a week. The prices of medium and heavy plates are consolidating. The average price of mainstream medium-sized plates in major markets across the country is 4,463 yuan per ton, up 2 yuan a week. Steel mills and merchants have little sales pressure, so they are not willing to cut prices.