Telah Terbit: Aug 22, 2023 06:35
Summary of SMM Steel Morning Meeting: Coke opened the first round of price reduction, finished steel market fluctuated weakly. Yesterday, rebar continued to fluctuate strongly, and the main contract I2401 closed at 777, with a daily increase of 0.91%. Traders were more active in shipments, steel mills were cautious in watching, but the willingness to purchase improved, and the overall market was mainly based on demand purchases. The overall market turnover was acceptable yesterday. The PB powder transaction price in Shandong was concentrated at 865-870 yuan/ton, up 5-12 yuan/ton from last Friday. The PB powder transaction price in Tangshan was concentrated at 865-870 yuan/ton, up 5 yuan/ton from last Friday.

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