Ductile iron manhole cover manufacturers prices difficult to rise
Domestic strip steels are steadily weakening. The price of the 145 small narrow band in Tangshan dropped by 20 from yesterday and 30 by the pre-holiday period, and the overall market transaction was average. During the Dragon Boat Festival holiday, because there is no futures as a guide, the prices of small and narrow bands are basically priced by downstream demand. However, during the holiday period, downstream demand is extremely general, supported by billets, and the price of small and narrow bands is only reduced by 10 yuan / ton. * On the working day, the billet price is still firm, but the snail has been holding a green turbulence since diving in early trading. The downstream mentality is sluggish. Small narrowband manufacturers have dropped by 20 yuan / ton during the trading. The market transactions have improved slightly after the drop. However, the downstream mentality has not improved significantly; Tangshan's mainstream broadband factory has dropped by 20%.
The weak state of the snails hit the market mentality this time. The spot price dropped by about 10 compared with this morning. Steel traders mostly cut their shipments, but wait and see for downstream procurement. At the end of noon, the screw closed red, and the spot has improved, which is about 5-10 higher than before noon. However, the current downstream welded pipe and galvanized manufacturers still maintain the rigid demand, so the prices of ductile iron manhole cover manufacturers do not currently have strong logical support. It is difficult to fall.
The strip steel market in East China and South China maintained a downward trend, the market trading performance was mediocre, and the downstream buying or buying attitude was obvious. At present, some traders say that the phenomenon of inversion between North and South is difficult to change, and they are unwilling to further expand losses. Therefore, they have adopted short-sell orders instead of goods to avoid risks. It is expected that domestic strip steel prices will mainly adjust weakly tomorrow.
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