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Dec 19, 2017

Tianjin Galvanized: Prices Steady Operation

TIANJIN, June 19: The price of galvanized steel in Tianjin is steady and the market is sluggish. Price: As of press time, Tianjin Iron and Steel Ansteel Tiantie no galvanized 1.0mm * 1250 * C reported 5,000 yuan / ton, Tangshan Iron and Steel 1.0mm * 1250 * C 4980 yuan / ton, Shougang spent 1.0mm * 1250 * C reported 5070 yuan / ton; Xinyu Caitu 0.476mm ** 1000 * C reported 5600 yuan / ton.


Today's volume 1805 fell slightly in early trading, now 3856 down 1.83%, a slight Masukura. After several consecutive days of falling prices, prices stabilized today. At present, the state-owned steel mills lack resources, so prices have been at a high level. However, wait and see the downstream terminal purchase strong emotions, poor purchasing enthusiasm, the market turnover is not changed, the high turnover was weak. According to the feedback, the daily volume of 200 tons, less than the normal 2/3 level. Taken together, the market is not abundant enough resources, but poor downstream procurement terminals, high turnover fatigue, is expected to short-term galvanized or Tianjin will be the main run-through consolidation.


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