Overall, stainless steel composite pipe, the current traders' mentality is better, and the trading is relatively active. However, the current capital situation is still tight, and the terminal purchasing power is always limited, which cannot provide lasting momentum for a steady price increase. Therefore, in the short term, it is more likely that the local market's medium-thick plate prices will remain stable. On the 23rd, Wuhan slightly increased when the market opened. By the time of writing, Egang's 20mm price was reported at 4230 yuan/ton, Pinggang, Changda, Handan Steel, etc., 14-20mm medium plate prices were reported at 4220-4230 yuan/ton; Egang, Linsteel, Tianjin Steel 30mm thick plate prices were around 4320 yuan/ton, 40mm four-cut edges were about 4380 yuan/ton. For Handan Steel, Egang, Xinsteel, Pinggang, the 14-20mm prices were at 4370 yuan/ton, and the mainstream quote for 30mm low-alloy plate was at 4440 yuan/ton. Since last Saturday when the central bank announced the reduction of deposit and loan benchmark interest rates, some domestic markets began to create an atmosphere for price increases, especially the Northern market with frequent price fluctuations being the most obvious. Baosteel, Wuhan Iron and Steel, Angang, and other major companies have all raised the March plate prices, injecting another strong stimulant into the market traders, providing momentum for price increases. Meanwhile, the atmosphere for price increases gradually intensified, which, to a certain extent, diluted the观望情绪of end-users, improving their purchasing enthusiasm. Recently, the market transactions have significantly improved compared to the previous period, and specification adjustments provided strong support for price increases. On the other hand, during the Spring Festival, market arrivals were relatively concentrated, causing the market inventory to soar to historical high levels within two weeks after the festival. However, with effective control and optimization of inventory resources by traders, the inventory volume has significantly decreased. Due to factors such as pledged loans, some resources available for circulation in the market are relatively scarce, leading to resource shortages in some specifications, such as 20mm, 30mm, 40mm general plates. The scarcity of resources provides another supporting force for price increases.