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Cold and hot rolled coil market prices will be stable in the rise
Publish Time: 2020.09.11 View: 351

In September, the cold and hot rolled coil market price has gone up and down, among which the cold rolled coil price fluctuates to rise, the operator generally holds the cautious optimism attitude to the aftermarket quotation.On September 4, Shanghai Metal materials Co., LTD. General manager Li Zhongshuang said in an interview with reporters that the late cold and hot rolling coil market price will be stable in the rise.

Li Zhongshuang tracked and investigated the recent plate market and found that in the last week, the hot-rolled coil Q235B price in Shanghai market dropped by 30 yuan/ton, the hot-rolled coil SPHC price dropped by 10 yuan/ton, while the cold-rolled coil price rose by 20 yuan/ton, with the inventory constantly decreasing.

Li Zhongshuang believes that the late cold rolled coil market will be better than hot rolled coil.He further explained: “Looking back to August, the market price of cold rolled coil has been steadily climbing, all the way up.In August the first week, Shanghai Angang steel production 1.0 mm cold rolled plate price rose 100 yuan/ton, in the second week up 60 yuan/ton, in the third week up 150 yuan/ton, to the end of August up to 4730 yuan/ton, in a month rose fully 320 yuan/ton, is the beginning of the year since the price of cold rolled plate rose the largest month.Compared with the cold-rolled coil market, the price increase of hot-rolled coil market is not big. The price of 5.5mm × 1500mm ×C hot-rolled coil Q235B in Shanghai market rises from 3990 yuan/ton at the end of July to 4030 yuan/ton at the end of August, up only 40 yuan/ton.