24th Tangshan City Steel Post

This morning, the steel billet factory in Qian'an area of Tangshan increased by 20 to 4930 compared with yesterday, and the billet factory in Lulong area of Qinhuangdao increased by 20 to 4930 compared with yesterday. The warehousing spot is reported to be out of the warehouse at around 5030 including tax.

Today, the direct cost of billet accounting in Tangshan area is 3874 yuan/ton, and the full cost is 4074 yuan/ton, which is a decrease of 24 yuan/ton from yesterday. At present, the billet market as a whole is general, and the prices of downstream finished products are rising steadily. The specific transactions are as follows:

Tangshan billets are generally delivered directly, and the warehousing spot is reported to be out of the warehouse at around 5030 including tax, and some transactions have been made. Downstream finished products rose steadily, narrow-band transactions were fair, and section steel was weak. It is expected that the ex-factory price of billet will continue to run after the increase in the afternoon.

Tangshan Kaiping flat market prices remain stable, 1500 wide flat flat Tangshan Steel 5730, Yanshan Iron and Steel / Anfeng 5720, Manganese Kaiping 5870, including tax.

Strip Steel

Tangshan 145 strip steel rose by 20 compared to yesterday. The overall transaction was acceptable. Many resources were suspended. Guoyi and Jingan 5480, both of which were shipped with tax included. The market price of Tangshan 355 strip steel rose 40-50 compared with yesterday. The mainstream spot market is 5650. The price of resources is 30-40 higher than that of the long-term resources, and transactions at low prices are smooth.