Stainless Steel Guardrails

Overall, the market remains strong. This week, Tangshan billet prices ranged from a high of 3,450 to a low of 3,420, with a weekly increase of 30 and a reduced fluctuation range. Due to the second-level environmental alert in the northern region, Tangshan rolling steel mills are gradually shutting down, leading to a continuous decline in market inventory. The lack of specific specifications in resources will become more pronounced. Moreover, the futures market for steel has seen more gains than losses, with a widespread rebound at higher levels, and billet support is continuously rising. Intermediary traders are showing a strong willingness to hold prices and follow the upward trend. In summary, Tangshan section steel prices increased by 10-40 yuan this week.

The Shanghai market in East China has shown stability, with the mainstream moving forward steadily, and some small specifications have experienced a narrow rise of about 10-20% due to limited inventory. Steel mills like Ma Steel have not made any new round of price adjustment, and the industry's transparency is high, making price increases difficult. Due to the production plans for autumn and winter, there is a shortage of low-priced resources arriving, which provides some support for dealers to hold their prices.

The future trend of stainless steel railing is relatively weak. The steel market has ended the peak season of demand and entered the off-season of winter demand. Industries such as real estate, automobiles, ships, and home appliances are showing a weakening demand for steel, and steel production is under seasonal pressure. The shutdown of rolling mills has suppressed the demand for steel billets. Moreover, the overall increase in mid-month was significant, but despite the support from the futures market, the rebound in raw materials was limited. In summary, the railing market may operate with fluctuations and a tendency towards weakness.