Domestic S355J2 Z35 etc. steel plate prices generally fell on the 5th day. The mainstream price of carbon plate in key cities was 4263 yuan (ton price, the same below). The average price was 15 yuan lower than the previous trading day, 47 yuan lower than the same period last week and 77 yuan lower than the same period last month.
Up to now, China has 1 million 49 thousand tons of S355J2 Z35 etc. medium plate stocks, a decrease of 19 thousand tons compared to last week. At present, the market price is weakening and the market turnover is not strong. It can be seen that the market demand at the beginning of November has been reduced compared with October. According to the orders received in previous days, the data are declining continuously, reflecting the inactive orders of traders, the slow arrival of steel mills and the digestion of rigid demand, which have accelerated the decline of social inventory significantly. The S355J2 Z35 etc. steel plate stock pressure is weakening.
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