In October, the national steel price center of gravity moved downward, and the overall price of Jiangsu steel market was weak. Among them, building materials fell by RMB 70 / ton, hot rolling dropped by RMB 150 / ton, and plate thickness dropped by RMB 90 / ton.
Based on the comparison of rebar, hot rolled coil and medium and heavy plate in the Jiangsu market in the past two years, the price in October showed a downward trend compared with last year. For now, the average price of Jiangsu rebar in October was 3856.32 yuan / ton. Rolled 3,568.89 yuan / ton, and medium plate 3365.42 yuan / ton, lower than the same period last year.
In November, the planned output of major steel mills in Jiangsu Province increased or decreased compared with the actual output in October. From the perspective of building materials, the actual output of Shagang and Yonggang's building materials in October were lower than the planned output in early November, mainly due to the continuous decline in social stocks in the building materials market, and no short-term maintenance plans for steel mills in the province in November. Library to meet market demand. From the perspective of the plate market, Shagang, the province ’s main plate manufacturer, produced normal plate production in October. However, due to the increase in freight during the period, the HG70 steel plate ’s resource replenishment efficiency declined in the market this month.
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