After a few days of price decline, the smog and the rebound came together. Today, the five major varieties of futures have turned red, and the main force of thread and coking coal increased by more than 1.5%.
The Tangshan billet market was driven by the snails to stop falling and rebounded slightly. The factory price rose by RMB 10/ton to RMB 3,050/ton.
The prices of mainstream materials in building materials have risen and fallen, and there are fewer price increases. The transaction is better, and some replenishment market transactions have been positive. Afternoon futures rallied, the transaction weakened, and the market mentality began to repair.
In the case of steel mills, the price adjustment is mainly based on the following adjustments, with a range of less than 200, and some steel mills have an upward price increase.
On the whole, the current rebound is only oversold, and the decline in spot and futures is not over yet.
