Yesterday, the local market prices of ASTM A572 Grade 50 plate etc. medium thick steel plates showed a significant shock pattern, the overall market shipments will be strong. Up to press release, low alloy resources, such as ASTM A572 Grade 50 plate, the market front-line resource quotes mainstream price increase of 200-220 RMB / ton, 4600 RMB / ton at least for mill edge thick plate.
Today, the market price of ASTM A572 Grade 50 plate etc. medium thick steel plates continues to show an adjustment trend. At present, the emotional side is relatively conservative. The overall medium thick steel plates price increase has not led to stable or even rebound in market prices. From the feedback from the transaction link, the whole transaction was in a weak background for a short time, and there was a clear suppression of the price. Market resources have been gradually injected in the near future. At present, there is no obvious lack in the visual aspect of the ASTM A572 Grade 50 plate etc. medium thick steel plates specifications. The A572 Grade 50 material price increase is still maintained near 220 RMB / ton. The order price of the steel mill and the overall order still have some support. At present, the price adjustment of the second line steel mill is a little gap, and the whole price difference shows signs of narrowing.
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