This week (4.1-4.4) Hangzhou construction steel market prices rose sharply, this week futures on the whole showed a concussive upward trend. Last weekend, the market ushered in two major advantages: first, the manufacturing PMI index rose sharply in March, exceeding expectations, and second, the news of tightening environmental protection. Affected by this, Hangzhou construction steel market prices rose significantly on Monday, trading boomed, Tuesday and Wednesday futures rose for another two days. With a slight increase in spot prices, the transaction is not as hot as Mondays. It has been moderately cooled down and the transaction is still acceptable.
On raw materials, at 16:30 on the 4th, the resources of some billets in Changli were reduced by 10, and the current carbon billets with tax were discharged from the factory by 3450.
Generally speaking, the price of construction steel in Hangzhou has risensharply this week, and the demand will continue to release next week. However, with the increase of steel mill production, we still need to pay attention to the situation of steel mill production. In summary, the price of construction steel in Hangzhou is expected to oscillate next week.
As for the price, as of March 29, the guiding price for bulk trading of construction steel in Hangzhou: Shagang_8-10mm high line is 4150 yuan, 70 yuan higher than last Friday, Zhongtian_12 mm threaded steel is 4100 yuan, 70 yuan higher than last Friday, Zhongtian_25 mm threaded steel is 3940 yuan, 70 yuan higher than last Friday, Yonggang_8-10mm threaded steel is 4140 yuan higher than last Friday. (Lan Ge)
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