According to analysis, in the construction steel market, prices have risen sharply. The price of Shanghai, Hangzhou, Hefei and other places rose by 30 yuan to 290 yuan a week. From the specific market dynamics in Shanghai and other places, we can see that although the price has generally increased, there have been ups and downs. At the beginning of the week, the market rose sharply, but in the case of rapid contraction, prices have fallen. However, the news that the illegal production capacity in some areas was subsequently investigated has become a hot spot in the market. The market expects the supply reduction to increase, and the price reappears.
In the board market, prices have risen significantly. The price of hot-rolled coils has risen sharply. The price of tons in Shanghai, Jinan and Guangzhou has risen by 20 yuan to 280 yuan a week. In the Beijing-Tianjin-Hebei market, the biggest one-ton price increase in a single day exceeded 100 yuan. The price of plate is also rising sharply. The price of tons in Shanghai, Wuhan, Beijing, Tianjin and Hebei has risen by 50 yuan to 300 yuan a week. Overall, the market mentality is acceptable, but in East China, some businesses are already adjusting their pace in ordering purchases