Q345C steel plate price in China

Keywords: Q345C steel plate price,Q345C steel in China
The average domestic Q345C steel plate price was 3669 yuan (ton price, the same below), an increase of 40 yuan compared with the same period last week, and an increase of yuan compared with the same period last month.

The market opened early next week, and environmental storms hit. The Yangtze River Delta and the Fenwei Plain successively released comprehensive autumn and winter treatment plans, which once again led to the rise in futures prices, which led to the formation of domestic Q345C steel plate prices. As the weekend approached, policy benefits were re-launched. The State Council issued a document to reduce the capital ratio of some infrastructure projects and continued to increase infrastructure investment. The two positive futures have accumulated an increase of more than 180 yuan. Q345C steel plate spot this week also Welcoming a wave of gains.

It is reported that the current domestic Q345C steel plate market inventory is not large, this week's hot-rolled social inventory decreased by 72,200 tons, the factory warehouse also reduced by about 40,000 tons, of which 45,000 tons of hot coil in Lecongku, a decrease of 2 from last week 10,000 tons. HRC production dropped suddenly in November. Investigating the reasons, on the one hand, hot-rolled steel mills have limited production. Many steel mills, such as Tiantie, Laiwu Iron and Steel, Shanxi Iron and Steel, Bayi Iron and Steel, have overhauled blast furnaces and hot-rolled lines, affecting hot-rolled supply. The amount is more than 200,000 tons. In addition, Jingye, Handan Iron and Steel and other steel mills adjusted the production structure, some of the molten iron tilted to the C material. On the other hand, the recent transaction in the South market is better than that in the North, and the continuous increase in prices has led to some enthusiasm for downstream goods picking up, which has caused "accidents" in both output and prices in November.

For next week, there are quite a few overhauls of steel mills in the near future. It is expected that the inventory of HRC mills will continue to fall, and the possibility of continued price increases is quite high. However, we still need to pay attention to the uncertainty of Sino-US trade negotiations on the price disturbance. In general, next week's Q345C steel plate prices may still be cautiously optimistic.
 

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