Music from cold rolling steady and strong

In the Lecong market, the prices of cold-rolled coils have steadily strengthened. Now open, the local 1.0 cold steel Liuzhou reported 4560 yuan / ton, 1.0 this cold cold reported 4600-4660 yuan / ton, 1.0 Shougang cold rolled 4,600 yuan / ton.

In the market, on the morning of the 11th, Lecong continued to expand its cold-rolling prices, and Liu Gang, Tang Gang, and Shougang generally rose 20-30 yuan/ton. Now Liuzhou Iron and Steel 1.4-1.9mm Pu cold volume to 4460 yuan / ton; 1.0mm cold volume reported 4540-4560 yuan / ton, the price stable and strong. Cold production of other places in the low offer also have to move closer. The recent strengthening of confidence in the steel market is mainly due to the improvement of the financial market. The positive stimulus from the stock market and threading forward market has enabled the spot market to follow suit quickly. In addition, the CPI and PPI data continued to pick up in November, suggesting that domestic steel market conditions still have upward momentum. However, at the end of the last few years, the bank’s financial credit is expected to contract, and the financial pressure faced by the business will be apparent. Therefore, it is estimated that the changes in the latter steel market will remain. Variables, it is recommended that the industry be cautious.