INDUSTRY NEWS
Tianjin-Shanghai-Guangdong Makou Iron: Price Narrow Adjustment Market Volatility Run
Price: Shanghai market Meisteel 0.2mm double-sided tinplateed 2.8g resource mainstream price adjustment, reported to 6230 yuan / ton, Baosteel 0.25mm mainstream price this week at 6700 yuan / ton, private steel mills, the current Coma 0.2mm specification factory price at 6080 yuan / ton.
Tianjin market price adjustment, Furen 0.2 x 900 mainstream selling price 6000, Siwende 0.2 x 800 mainstream price 6150, Zhai Zhuoli 0.20 x 926 mainstream price 6050, Guangzhou 0.20mm Coma 6010. This week, the Broady Adjusted Market, some markets are holding steady, the overall transaction is general. Specifically, upstream: the spot hot volume market during the week narrow fluctuations, inventory continued to increase, total inventory increased by 671,000 tons. Downstream: downstream enterprises in the near future orders less than expected, Baosteel, Shougang and other state-owned enterprises in the near future production and sales flat, private enterprises Coma, China and Guangdong, such as the order has reduced, between the raw material cost pressure, The current price of Makou Iron is still supported. Spot market, the recent market tin plate spot less, terminal demand is not fully started, the market trading atmosphere in general, state-owned factories mostly to futures-based, local shortage is more obvious. In addition, Baosteel, Meisteel in July 2018 tin-plated / chromium futures prices increased from June, Baosteel tin-plated CA, Meisteel, chrome prices flat increase of 100 without tax. In addition, Baosteel's recent base price flat, production and marketing balance, some specifications are relatively out of stock. To sum up, in the short term, the tinned market is still a weak and stable operation of shocks.
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