[SMM hot spot analysis: cold rolling prices, does hot rolling not coun

Published: May 31, 2024 13:45

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[SMM hot spot analysis: cold rolling prices, does hot rolling not count anymore?] Throughout the first half of the year, the spread between hot and cold rolling prices has been narrowing. As of press time, the spread between hot and cold rolling prices in Shanghai has narrowed to less than 360 yuan per ton, which is already at a historically low level. So here comes the question: in mid-to-late May, both supply and demand peaks have emerged for both hot and cold rolling. Then, how will the price trend of cold rolling be in June? Will the spread between hot and cold rolling prices have the momentum to expand?

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