Billet: Yesterday the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an areas was settled at RMB 3,570/MT down RMB 10. In the early morning today, the Changli area led the gains of RMB 10 to report at RMB 3,580. The billet transactions were moderate, and the finished product prices were stable in large. The inventory of Xiangyu Zhengfeng and Haiyi Hongrun is 299,500 tons, down 9,600 tons. The overall sales of finished products are generally weak, and it is expected that the price of billets may increase in the afternoon.
Construction steel: Mainstream construction steel on Tangshan markets is stable. The market price of rebar HRB 400 of big specification is at RMB 3,980, small specification at RMB 4,070, while coiled rebar at RMB 4,110. Transactions are somewhat weak.
HRC: Hot-rolled flat sheet lowered by RMB 10,and price of 1,500mm wide flat sheet by first-tier mills offered at RMB 3,900, second-tier mills at RMB 3,890, while Q345 flat sheet at RMB 4,070. Transactions are weak.
Medium plate: Mainstream price of medium plate moved down by RMB 10, with 14-22 mm general carbon plate reported at RMB 3,970, and low alloy plate at RMB 4,170. The transactions are weak
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