Tangshan Profile Price Rises Steadily

On April 3, Tangshan profile market prices rose steadily. Affected by the first 10% increase in Tangshan billet in early trading, some low-cost resources of Tangshan profiles rose by 10-20 yuan. From the transaction point of view, due to the strengthening of costs and snails, combined with a small inventory of manufacturers and strong market willingness to bid, todays high market turnover slowed down. As of 16 points, 24 Tang profiles factory shipped 43,550 tons, down 18.4% from yesterday. I-beam steel 7 10 700 tons, channel steel 12 15 950 tons, angle steel 5 16900 tons. In the afternoon, the billet is stable. In view of the limited release of demand, the merchants are cautious at present. It is expected that the price of Tangshan profiles will become stable tomorrow. Price: Tangcheng 16-20 works quoted 3850 yuan, up 10 yuan; Dacheng 14-16 works quoted 3880 yuan, stable; Zhengyi 5 # angle steel quoted 3940 yuan, stable; Shenda 14-20 channel steel quoted 3840 yuan, up 10 yuan; Electricity 22-25 channel steel quoted 3950 yuan, stable.