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[SMM Thread] the market was more stable than the cold quotation on Saturday the 9th.
May 9,2020 18:28CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

In the trading day without futures market, spot quotation is prudent and stable, intra-day high price trading is not smooth, terminal wait-and-see-based, a small number of markets slightly loose to promote transactions, the overall transaction is weak. [Hangzhou]: in this issue of Luoxiu City, the spot market price is mainly stable, Shagang mainstream 3550-3560 yuan / ton, Zhongtian thread 35303540 yuan / ton, Zhongtian Panluo 36403650 yuan / ton. The market wait-and-see mood thickens gradually, the transaction is deserted, the terminal inquiry is less. [Shanghai]: thread spot price is stable, Shagang resources 34903510 yuan / ton, plate snail Shagang 35903610 yuan / ton. It is all right for the big family to close the deal at a low price. [Beijing]: thread stable, river steel resources quoted to 3460-3480 yuan / ton, disk screw stable, river steel resources quoted to 3720-3730 yuan / ton. Overall transaction is generally weak, a small drop in the market. [Guangzhou]: the quotation of screw is stable, cold steel thread 3700-3730 yuan / ton, ten thousand steel disc snail 3720-3730 yuan / ton. The transaction deviation is about the same as yesterday.

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