Gnee Steel (tianjin) Co., Ltd
+8615824687445
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  • Tel: +86-372-5055135
  • Mob: +8615824687445
  • Fax: +86-372-5055135
  • Email: ppgi@gescosteel.com
  • Add: No.4-1114, Beichen Building, Beicang Town, Beichen District, Tianjin, China

The Latest Trend Of Cold Rolled Coil On December 2

Dec 02, 2022

On January 1, the average price of cold-rolled sheet in major cities across the country was 4540 yuan/ton, up 2 yuan/ton from the previous working day and 9 yuan/ton from the same period last week. The market price of cold rolling has risen steadily, among which the market price of Angang 1.0 cold coil in Shanghai is 4330 yuan/ton, up 10 yuan/ton; Tianjin Tiantie 1.0 cold coil 4250-4270 yuan/ton, up 20 yuan/ton; Lecong Liugang 1.0 cold coil: 4320 yuan/ton, stable. The price of cold rolling market is stable, rising slightly, and the market transaction performance is weaker than that of building materials and hot rolling. The terminal demand is strong, and the enthusiasm for ordering is not high. The market confidence is slightly insufficient. There is no market with price, and the merchants are stable in shipping. This week's inventory data showed a slight drop. Under the support of the cost side and low inventory, the demand volume was limited, the market was long and short, and the merchants were cautious in shipping, with limited room for rise and fall. It is expected that the short-term cold rolling market price will fluctuate in a narrow range.