Steel Spot Market

Construction steel: On September 7, the average price of 20mm three-level seismic rebar in 31 major cities across the country was 5,419 yuan/ton, an increase of 27 yuan/ton from the previous trading day. Specifically, the quotations of construction steel products in various domestic markets in the early trading continued yesterday's upward trend. After the quotations, the transaction situation was relatively ordinary, the intraday futures weakened, and the actual transaction prices in some markets fell darkly. In the late afternoon, the snails oscillated, the spot price remained stable, and the overall transaction was fair, but not as good as yesterday. According to feedback from businesses, the actual demand in the past two days has accounted for a relatively large proportion, while speculative demand has been relatively small.