"SMM Hot Spot: Cold Rolling Profits "Far Ahead" Cold and Hot Price Dif

Published: Sep 20, 2023 18:19

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"SMM Hot Spot: Cold Rolling Profits "Far Ahead" Cold and Hot Price Difference Expanded to Nearly a Thousand Yuan? Preface: According to SMM data, as of September 18, the average national price of 5.5mm hot rolling was 3913.5 yuan/ton, and the average national price of 1.0mm cold rolling was 4686.7 yuan/ton, with an average cold-hot price difference of 773.2 yuan/ton. Taking Shanghai as an example, the hot rolling price in the 5.5mm Shanghai market was 3880 yuan/ton, and the cold rolling price in the 1.0mm Shanghai market was 4820 yuan/ton, and the cold-hot price difference was even more exaggerated to 940 yuan/ton..."

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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