Last week, the price of building materials in the local market fluctuated within a narrow range. As of the close, Shagang Φ16-25mm second-class large snail is priced at 4,060 yuan / ton; Yonggang with specifications reported 4060 yuan / ton; Ma Changjiang Φ16mm second-level large snail 3990 yuan / ton; Yonggang Φ8mm snail offer 4480 yuan / ton; Ma Steel Φ6.5-10mm high line offer is 4290 yuan / ton.
Looking back last week, weak demand and insufficient transactions have been plaguing the steel market. Although the macro side has been good news from time to time, terminal purchases are still unmoved. Near the weekend, the central bank announced that it would cut interest rates and cut interest rates, but it is still difficult to meet the cruel reality of poor demand. The tentativeness of local building materials has risen slightly, but in the process of communicating with local traders, the author can clearly feel that the business is not enough, plus this week. At the beginning of the national college entrance examination, construction is not allowed in some construction sites, and demand release is suppressed. The author predicts that local building materials prices will continue to oscillate this week.
Galvanized pipe, Shanghai steel price
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