Recently, the domestic steel market price fell significantly, the price of more than 100 yuan/ton, at the same time, a number of steel mills downward prices, the end user did not purchase, more to wait-and-see mainly, leading to the market transaction downturn. In a comprehensive sense, short-term market prices are expected to continue to decline in the conflict between high crude steel production and downstream demand deviations.
According to Steel news April 13, rebar, April 12, Shanghai, Jinan, Guangzhou, Beijing, Chongqing, Xian and other 23 cities rebar price fell 10-80 yuan/ton.
Cold rolled coil, the national cold rolling price strong slump, transaction is poor; Price: 1.0 National Cold rolling average 3867 yuan/ton, it was down 66 yuan/ton from yesterday, the main market price: Shanghai Market 1.0mm Wuhan Steel plate price 3570 yuan/ton, Guangzhou Market 1.0mm Angang Volume quotation 3770 yuan/ton, Tianjin Market 1.0mm Angang Tin Iron Volume quotation 3480 yuan/ton. Cold rolling market is difficult to block, the market mentality is poor, shipments generally.