On August 17, China's steel market rose slightly. The domestic financial market generally recovered, boosting market confidence, the purchasing activity of middlemen and end customers increased, and the price of corten A weather resistance steel coil rose.
In the morning, the quotation of corten A weather resistance steel coil spot market was stable temporarily, and the market transaction was fair. In the afternoon, the quotation of merchants was pulled up, but the high transaction was weak after the rise. The corten A weather resistance steel coil suppliers have a strong sense of price support. Recently, North resources have been increasingly transported to the south, and the cost of goods delivered is relatively high.
In addition, there are some broken specifications in the early stage of the market, and the recent arrival of corten A weather resistance steel coils is only to complete the specifications. The price difference of various specifications begins to return. However, the market inventory pressure is still small, and the merchants prefer to be a little bit afraid of heights. They are afraid that the increase of late arrival will lower the corten A weather resistance steel coil price, so the merchants basically offer the market price, and some high-level quotations have been dropped. Overall, tomorrow's corten A weather resistance steel coil price may maintain high volatility operation.
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