Shanghai galvanized coil market prices are mainly on the decline. According to traders' feedback, the market sentiment is generally pessimistic. With the continuous downward adjustment of the market, the factory selling prices of steel mills, coupled with the overall weak trend of the futures market, the spot market prices are significantly following suit. At the same time, there is a strong atmosphere of hesitation among downstream buyers, resulting in poor overall market trading conditions. Against the backdrop of the overall bearish market, spot traders are maintaining rapid cash-out operations, and shipping out goods as the main theme as the month comes to an end. Overall, it is expected that the Shanghai galvanized coil market will remain relatively stable or see slight fluctuations tomorrow.
Prices: 1.0mm specification: Angang Putian Plain steel 5680 yuan (per ton, same below), Ben钢 5650 yuan, Ma钢 6090 yuan, Tang钢 Plain steel 5670 yuan, Shougang 5770 yuan, Baosteel 7380 yuan. Disclaimer: This article is from the internet and is the property of the original author, representing the views of the original author. The information contained herein is for reference only. Reproduction is for the purpose of learning and exchange. If you inadvertently infringe upon your legitimate rights, please contact us promptly for deletion. Previous Article: Short-term fluctuation and weakness expected in Xi'an cold-rolled coil prices. Next Article: Welded pipe galvanized pipe prices continue to fall on November 23, expected stable operation of Lecong galvanized pipe prices on November 24, expected downward adjustment in coking coal market on November 24, expected stable to weak iron price on November 24, expected strong adjustment in iron ore market on November 24, expected stable prices for Shanghai cold-rolled coil tomorrow, expected weak fluctuation for Tianjin cold-rolled coil tomorrow, expected continued weakness in Boxing coated and galvanized prices recently, expected stable operation for Tangshan galvanized coil tomorrow.
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