Win Road International Trading Co., Ltd

10 Years Manufacturing Experience

October10:There is still a lack of steel supply, and the price of steel will still fluctuate next week but in a rising trend

This week, the mainstream prices in the spot market fluctuated as a whole and tended to increase, and the market showed a pattern of weak supply and demand. The short-term market is optimistic.

Cold rolled steel coil: As the raw material of galvanized steel coils, galvalume steel coils and prepainted steel coils, let's have a look of cold rolled coil market trend.

This week, the national cold rolled prices rose within a narrow range, and the market volume increased. Fundamentally, cold-rolled production increased slightly on a week-on-week basis, and both factory and social warehouses increased significantly. In terms of the market, the first working day after the holiday has seen a significant increase, and the market is optimistic. Merchants mostly maintain their shipments and cash, while downstream replenishment is relatively active, and cold-rolled transactions have increased significantly.

Prediction to next week, it is expected that domestic cold rolled prices will continue to fluctuate at a high level. On the supply side, the continuation of the power restriction policy in many southern regions and the impact of the National Day holiday has resulted in a slight increase in cold-rolled production across the country, significant accumulation of factories and warehouses, and a certain pressure on price increases. In the circulation link, although some traders took leave to work in advance, the overall transaction was not Many, good deals after the formal work, strong market sentiment; downstream industries, the sentiment of buying up and not buying down is released, the price increase after the holiday is concentrated and replenishment is active, and more replenishment is on demand.

In summary, it is expected that domestic cold rolled prices will fluctuate at a high level next week


Post time: Oct-11-2021
  • Last News:
  • Next News:
  • body{-moz-user-select:none;}