On July 19, the average price of 20mm grade 3 shock-resistant rebar in 31 major cities across the country was RMB 3,818/tonne, up RMB 4/tonne from the previous trading day. In the short term, is currently in the off-season demand, the market turnover situation is not stable, coupled with the recent slight improvement in the efficiency of the steel mills, the production of some areas of the steady rise, it is expected that the 20th domestic construction steel market to maintain the status quo may be greater. Recently, a number of departments intensive voice, seize the opportunity to formulate and introduce policies to restore and expand consumption, put stable growth in a more prominent position, macro policy still has room for force. Fundamentally, the recent coking coal prices rose faster, the second round of coke price increases landed, the cost of steel prices to enhance support. However, the difficulties faced by the steel market is still the lack of demand performance, good news will prompt speculative demand phase release, but difficult to sustain. In the strong policy before the landing, short-term steel prices or continue to run shock, up or down space is not much.
As a professional exporter in the field of steel, Dinsen is always keeping an eye on the change of steel price. Recently, the company’s hot products hose clamps are British type hose clamp with riveted housing, Double wire hose clamp, Unitary clamp with double bands (Зажим для шлангов, Letkun kiristin slangklem, abrazadera de manguera, braçadeira de mangueira ). If necessary you can contact us for relevant inquiries
Post time: Jul-20-2023