On June 23, the average price of SPA-C weathering resistant steel in China was little down from the previous trading day. Yesterday, the price of the black commodity futures market fluctuated and fell, the spot market sentiment was relatively strong, merchants' prices were stable and weak, and the overall market transaction of SPA-C weathering resistant steel was general.
In the short term, the market inventory of SPA-C weathering resistant steel is still in a downward trend, coupled with the higher order prices of steel mills, which has certain support for the SPA-C weathering resistant steel price. But with the continued price increase in the previous period, coupled with the general performance of demand, the continued rise is also somewhat weak. On the whole, it is expected that today's SPA-C weathering resistant steel market prices will remain volatile.
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