Tangshan Strip Steel Price Steady and Stronger

On March 28, Tangshan Strip Steel became stronger and stronger. Today, 145 small narrow strip steels are running steadily. The mainstream producers quoted 3780 yuan/ton. The overall turnover is generally weak, with a 10% drop in individual discs. Now, the price of small narrow band tickets is adjusted to 330, which is equivalent to tax-free plus 50. At present, the bare price is on the high side, the downstream acceptance is limited, and the resources of small narrow band market are increasing. Without faster start-up of demand, the price of downstream is higher than that of Poor acceptance. Tangshan 355 strip steel rose 10-30 today, now 285-355 series Ruifeng retail upward, 355 series broadband quotation is about 10 stronger than yesterday, spot bare price mainstream spot 3325-3340 (mainstream 3330), Ruifeng 3340, futures 3270-3310 or so. In the late afternoon, snails dived sharply, which made the bad trading atmosphere worse. At present, the terminal is not optimistic about the future market, mostly picking up goods on demand, only a few low-level can be. Considering the 10% increase of billet today, it is expected that Tangshan strip will be adjusted steadily tomorrow.