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ASTM A612 plate market trading atmosphere weakened

This year's winter storage is different from previous years. Under the high ASTM A612 plate price, what is the willingness of traders for winter storage? Faced with the high production cost of ASTM A612 plate, how do steel mills face the dilemma that profits are constantly being swallowed? After experiencing the huge inventory in 2020, how will the winter ASTM A612 plate inventory perform this year?

As the Spring Festival holiday approaches, ASTM A612 plate's market trading atmosphere weakens. Since the beginning of this year, ASTM A612 plate trading volume has continued to decline. The decline in ASTM A612 plate spot trading volume is mainly due to two aspects: one is caused by price. After a sharp rise in ASTM A612 plate prices in the fourth quarter of last year, the rise has slowed this year but is still at a high level. Traders are not willing to stock up. The second is caused by the new crown pneumonia epidemic. After the winter, the new crown pneumonia epidemic in some areas has repeated, and the pressure of prevention and control has increased. The flow of people and goods across the country has been affected, especially in Hebei Province, as a major steel industry province, logistics obstacles have further led to a decline in transaction volume.

As the Spring Festival holiday approaches, the weakening of the trading atmosphere in the ASTM A612 plate spot market will become more apparent.

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