As of September 15th, the domestic NM450 wear-resistant plate market is running stable with overall weak transactions. The average price for 1m cold rolled coils in the domestic market is 4451 yuan, unchanged from the previous trading day. In Shanghai, the price for 1.0mm cold rolled coil is 4320 yuan. In Guangzhou, the price is 4460 yuan for 1.0mm cold rolled coil, and in Tianjin, it is also 4320 yuan for 1.0mm cold rolled coil.

National cold rolled coil market prices are currently stable. Hot rolled coil futures in the black series are experiencing significant fluctuations. In the North China region, Tianjin market prices remain stable; some traders have made pre-festival stockpiles, but the purchasing pace is hard to sustain. In the East China region, Shanghai market prices are also temporarily stable; the market is volatile due to the typhoon, and demand is once again suppressed, with overall transactions weak. Although it's the traditional peak season, terminal demand has improved compared to earlier periods, but it is still far below market expectations. Order intake has only recovered to about 70-80% of the previous year's level. For the future, traders' attitudes have shifted from bullish before the holiday to a more pessimistic outlook, but domestic economic stabilization policies are being intensified, limiting the downward space. In summary, it is expected that the price of domestic NM450 wear-resistant plate will fluctuate narrowly tomorrow.