Coated sheet market
The average price of 1.0mm galvanized sheet in major cities was RMB 4840 (tonne, same below), up RMB 3 compared to the previous day; the average price of 0.3mm galvanized sheet in major cities was RMB 4695, up RMB 10 compared to the previous day; the average price of 0.47mm colour coated sheet in major cities was RMB 5966, down RMB 3 compared to the previous day. With the amplification of the black system futures, the market is expected to show signs of a turn for the better, today some regions galvanized prices slightly up, the transaction slightly improved. As a result of steel mill maintenance, the supply of galvanized resources in Tianjin and other markets is tightening and some specifications are in short supply. The market's willingness to store for the winter is low as the end of the year approaches, and manufacturers operate cautiously to return funds. Today, the galvanized ex-factory prices of private steel mills in the north rose by 20-70 yuan, and the ex-factory prices of cold-rolled base materials in Handing were raised to 3830-4000 yuan. Driven by the increase in the plate, market sentiment is gradually warming up, is expected to tomorrow coated plate price stability in the rise.
