Gnee Steel (tianjin) Co., Ltd
+8615824687445
Contact Us
  • Mob: +8615824687445
  • Email: ppgi@gescosteel.com
  • Add: No.4-1114, Beichen Building, Beicang Town, Beichen District, Tianjin, China

December 6 Cold Rolled Coil Latest Market

Dec 06, 2022

5 major cities nationwide average price of cold rolled sheet 4577 yuan / ton, up 34 yuan / ton compared to the previous working day, up 46 yuan / ton compared to the same period last week. Cold rolled market prices rose mainly, including, Shanghai area market prices Anshan Steel 1.0 cold rolled 4360 yuan / ton, up 30 yuan / ton; Tianjin Tiantie 1.0 cold rolled 4310-4330 yuan / ton, up 60 yuan / ton; Le from Liu Steel 1.0 cold rolled 4410 yuan / ton, up 70 yuan / ton. The central bank comprehensive downgrade, many places issued no longer check the certification of nuclear acid, futures trend first strong and then weak. Some varieties of prices rose with the futures plate back down, steel prices have been adjusted downward, cold rolled market prices rose in varying degrees, ranging from 10-70 yuan / ton, the terminal demand has a different amount of preparation for picking, market transaction performance is still possible, after the afternoon transaction fell slightly. In the cost side support, low inventory situation, it is understood that the short process steel mills to take orders relatively considerable, some merchants are cautious about the strong expectations of the pull up, the price increase space or limited. Short-term cold rolled market prices are expected to stabilize in the adjustment.