The Handan medium plate latest price

Today, the Handan medium plate price cuts 10 yuan, 14-20mm size carbon steel reported 4390 RMB/ton. Low alloy steel price plus 200 yuan per ton.

Futures in early trading on January 29 fluctuated upwards. Due to the recent public health incident in Hebei, transportation was affected. Although the steel mills have storage of raw materials, but the long-term transportation is not in place, the steel mills are likely to plan to reduce production. Traders are currently focusing on shipment and inventory reduction, and some merchants in the market lack specifications. Mysteel survey on the 29th: On the 29th, the total transaction volume of 11 large companies on the medium board in Handan (including Wu'an) was 9,850 today, a decrease of 750 tons from the previous trading day. In terms of mentality, for the market outlook, traders are currently cautious and wait-and-see attitude towards the market. The market mentality is relatively tense, and prices are expected to fluctuate and adjust in the short term.