In terms of transactions, there was a concentrated demand for goods at the construction sites around Shanghai. Middlemen actively replenished the goods, and the market transactions were generally good.
Q460C steel plate prices continued to be strong, and demand increased sequentially . The spot transaction data tracked by the Nishimoto Shinkansen showed that today's terminal purchases are picking up from yesterday, indicating that some construction sites are actively stocking. Rigid demand has picked up, and market transactions have increased: large-scale inventory sellers have sold more than 7,000 tons, and small and medium-sized companies have billed 500 to 1,000 tons-the total increase has also been a good level since this week. This week is the end of October and the beginning of November. In this week, prices in the East China region have stubbornly increased, and sales have increased month-on-month. In the next November, there is a high probability that the price will rise first and then fall: it depends on how long it can rise and when it will start to fall.
Today, the market price in Shanghai is still strong, and the surrounding areas are relatively stable. The leading steel mills in the Hefei market made up for the rise, and the market price was stable. Nanjing's leading steel mills rose slightly, and market prices consolidated. Nanchang market prices are basically stable, and shipments have improved.
Next: Q460C steel plate futures rebound slightly
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