On July 2, the average price of SM570 high tensile steel plate in China was slightly down from the previous trading day. Today, future SM570 high tensile steel plate topped falling and rebounded, and the market quotation for SM570 high tensile steel plate was basically stable, but the SM570 high tensile steel plate stock transaction was weak, the merchants' willingness to support the price was not high, and the overall shipping performance was general.
In terms of resources, new resources have been continuously arriving in some markets recently, and the SM570 high tensile steel plate inventory has increased slightly in the case of weak demand. However, due to the fact that the arrival of SM570 high tensile steel plates specs are not even, some sizes are still in shortage, and the price increase is still large. Overall, it is expected that the SM570 high tensile steel plate price will be weak on July 3.
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