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The inventory decline of GBT 11251 40Cr steel plate has slowed down significantly steel plate

China GBT 11251 40Cr steel plate market is steadily rising and falling. 40Cr steel price rose vigorously, the market price rose sharply, the market demand was released better, and the transaction price remained basically on the rise. The overall  40Cr steel stock market decreased slightly compared with last week, and the inventory pressure was not large. Most of them were concentrated in the hands of steel mills. 40Cr steel plate traders said that the price increase of the steel mill will be strong, the market demand performance is good, GBT 11251 40Cr steel plate price is basically stable after the rise. With the arrival of the festival, the demand is released, the market is running better as a whole. It is expected that the price is narrow and oscillating. Long term shocks rose, business mentality was relatively stable, and spot market prices remained stable.

According to the market traders, the midday long term shock is weak, some GBT 11251 40Cr steel plate merchants have a little wavering. In order to promote sales, the market three line resources appear down sale, but the price of the mainstream brand is still strong. In terms of turnover, today's market resource initiative has declined compared with yesterday. Transactions were mainly concentrated on downstream terminal purchases, and the overall turnover was slightly lower than yesterday. In the near future, the leading steel plants focus on the direct matching of resources, the reduction of market resources, the obvious brand specifications of the mainstream resources, the strong sentiment of the merchants, the better release of the rigid demand, the good consumption of steel resources, and the cautious attitude of the GBT 11251 40Cr steel plate merchants to the aftermarket, and the expected later 40Cr steel price level will continue.

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