8 domestic steel billet market prices more stable, individual cities after the afternoon rose slightly, the overall transaction performance in general. In the morning, the transaction performance in each region is generally weak, and the market price is mostly stable, the downstream purchasing atmosphere is slightly slower than yesterday, and the trading atmosphere is weaker. But after the afternoon, with the futures turned red shock upward, the market trading atmosphere has been boosted, some mainstream cities billet spot resources slightly higher than the morning plate, but the high demand to be followed up. As of press time, Tangshan reported 3640-3650 yuan / ton and Jiangyin reported 3760 yuan / ton. From the current market, downstream replenishment gradually slowed down, the market wait-and-see situation gradually increased, the activity of billet picking has been reduced. However, the futures plate support role still exists, coupled with the cost pressure is still large. Therefore, from a comprehensive point of view, the billet market is expected to maintain a small consolidation and wait-and-see market in the past two days.
