Multi-earth graphite cast iron manhole cover prices fell slightly
At the beginning of the week, domestic HRC prices stabilized and weakened. According to the monitoring data of Lange Steel's cloud commerce platform, the average price of 20mm medium plate in key domestic cities on the 9th was 4,192 yuan, down 11 yuan from the previous trading day, 61 yuan lower than the same period last week, and 98 yuan lower than the same period last month.
Last week, the tariff boots of the trade war landed, which cleared the bearish market sentiment. At the beginning of the week, the black color was red, and the volume of the snails rose by 50 yuan. However, the spot market of Guanguan seems cautious, and the prices of multi-earth graphite cast iron manhole covers still fell slightly. People in the industry believe that due to the impact of the previous trade war, downstream procurement confidence is not good, and the trade war tariffs are superimposed, and the market trading atmosphere is light.
Traders in many places said that while the futures market is improving, a slight price reduction has stimulated shipments to ease inventory pressure. The transaction situation has improved for some time today. At present, HRC inventory has been rising for 3 weeks, and steel mills are generally still raising prices. Supported by this cost, traders are not willing to sharply reduce prices. Today ’s price is slightly reduced to stimulate shipments. Tomorrow ’s attitude Or still focus on maintaining stability.