Beijing Tianjin-Hebei medium – thick board prices are expected to rise slightly next week consolidation operation

  This week, Beijing Tianjin-Hebei medium and thick plate market prices rose slightly, the general transaction. In terms of raw materials, iron ore and scrap prices were firmer, coke prices rose and fell, and cost support strengthened. On the supply side, the steel mill profit recovery is not obvious, the production enthusiasm is general, the supply side increment is limited. In terms of demand, downstream demand continues to be depressed due to factors such as project closure and shutdown at the end of the year, severe epidemic, financial constraints, and cold weather. In the market, on the one hand, the implementation of the policy to stabilize growth is accelerating, on the other hand, the reality of weak demand remains, the market mentality is unstable, and businesses are cautious. Comprehensive forecast, next week, Beijing Tianjin-Hebei medium and thick board market price consolidation operation, up and down space is not big.


Post time: Dec-02-2022