China's GBT 24186 NM450 wear-resistant plate market is still running smoothly, and the turnover is different.
GBT 24186 NM450 wear-resistant steel plate is relatively flat in the context of market reaction. This week, the NM450 steel market quotation has been downgraded, some regions offer confusion, downstream demand is insufficient, and the steel market itself has relatively considerable profit margins. NM450 steel faces a greater cash risk. Therefore, the risk of this mentality has intensified in the short run for the positive reaction of too cold, and the market weakening has also been slightly different.
In the short term, the domestic market demand growth of GBT 24186 NM450 wear-resistant steel is still hopeless. Although local inventory pressure is small, driven by the downturn in the market, the spot price of GBT 24186 NM450 wearable plate will be suppressed. In addition, traders will choose to change the amount of funds at the end of the month so as to recover their capital. The market price of GBT 24186 NM450 wearable plate is expected to continue to decline slightly in the short run.