Today, price of general carbon billet in Tangshan, Changli is temporarily stabilized, and reported at RMB 3,480/MT (down by RMB 20/MT against yesterday); today’s market prices of finished product are generally stable.
Billet: Mill straight shipment is weak and ex-warehoused spot is offered at RMB 3, 500-3,540/MT including tax; billet warehouses Xiangyu Zhengfeng and Haiyi Hongrun totaled inventory of 691,800 tons, an increase of 4100 tons.
Construction steel: The mainstream price of construction steel in Tangshan market rose by RMB 10-20/MT. The current market price of rebar HRB400 of big size is at RMB 3, 900/MT, small size at RMB 3, 910/MT, and the coiled rebar at RMB 3, 940/MT, also in weak transaction.
HRC: HRC market price in Tangshan is stable, and now 3.0mm coil is at RMB 3, 800/MT, and mainstream price of 5.5mm flattened stands at RMB 3, 780/MT, while Q345 flattened at RMB 3, 940/MT in weak transaction.
Medium plate: market price of Tangshan medium plate is stable, and now 14-22mm plate price is at RMB 3930/MT, low alloy plate at RMB 4, 130/MT in weak transaction.
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