Cold rolled coil: on August 26, the average price of 1.0mm cold coil in 24 major cities in China was 6500 yuan / ton, down 7 yuan / ton compared with the previous trading day.
The transactions in local markets are general, the electronic futures are weak and volatile, and the market confidence is obviously insufficient. Therefore, today, the quotations in various markets took the initiative to fall, and the traders feedback that the transactions were still very poor after the price fell;
In terms of supply, the maintenance of some steel mills was completed and the output rebounded;
In terms of steel mills, some steel mills issued settlement prices in August.
Traders reported that the settlement prices in this period were high, and the loss per ton was about 20 yuan. Overall, the domestic cold rolling price shock was weak on the 27th.
Post time: Aug-27-2021