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[SMM thread] the period screw fluctuates horizontally, and the spot performance is lukewarm and lukewarm.
Jul 2,2020 21:01CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 2 News: this period of snail continues to fluctuate, the spot market quotation is stable as a whole, individual small reduction of about 10 yuan, the overall transaction performance is mediocre. [Hangzhou]: Hangzhou morning market quotation to maintain stability, Shagang reported 3570 murmur3580 yuan / ton, the snail trend was stable and strong, but the spot transaction failed to sell, the market mood was more pessimistic under high inventory pressure, maintained stable operation after the late afternoon spiral rise, low-price speculative demand appeared slightly, the terminal replenished the stock on demand, and the overall trading volume was generally deviated throughout the day. [Beijing]: the thread is stable, Heshan Steel is reported to be 3680mur3690 yuan / ton, and the plate is snail stable, Hegang is reported to be 3750Mel 3770 yuan / ton. The deal was mediocre, not much different from that of yesterday. [Shanghai]: the spot price of thread has been reduced by 10 yuan / ton, and Shagang quoted price of 3520 Muth3540 yuan / ton. The transaction is lonely and the shipment is not smooth. [Guangzhou]: thread quotation is stable, cold steel quotation is 3740Mel 3760 yuan / ton, plate snail is stable, Wangang quotation is 3750 yuan / ton. Turnover is slightly higher than yesterday, but not much better. Due to the decrease in rainy days, some businesses are willing to keep their prices up and down. [Chengdu]: today, the screw steel is stable, the price limit of the steel mill is about 3680 yuan / ton, the transaction needs to drop more, and the shipment volume is still weak.

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