The market transaction is average.

by fsccpterd on 2012-02-25 18:06:14

Report: On February 23, the trend of 316L stainless steel pipe prices was mainly downward due to demand effects. Market transactions were average, and demand remains the most important factor currently constraining the price increase of stainless steel coil plates in Taiyuan. According to monitoring data from China Steel Spot Network (www.gtxh.com), a well-known domestic spot trading platform, local merchants reported that the quote for Taiyuan Iron & Steel (TISCO) 4mm*1219mm*C stainless steel coil plate is 8100 RMB, TISCO 5mm*1219mm*C stainless steel coil plate quote is also 8100 RMB, and TISCO 6mm*1219mm*C stainless steel coil plate quote is 8100 RMB, with a drop of 100 RMB. Yesterday's prices generally remained stable, while there was a slight decline in the North China region. Demand continues to be the key factor influencing market trends. Currently, the cold weather in the north has significantly weakened demand, and there are no obvious signs of winter stockpiling yet. Merchants are choosing to liquidate their inventory for cash. It is expected that the price trend of stainless steel coil plates in Taiyuan may continue to weakly consolidate today. Stainless steel coil plate quotations, Tianjin structural pipes, stainless steel...