ST37 heavy plate price is expected to be stable today

On February 2, the average price of 20mm ST37 heavy plate etc. carbon steel plates in China's major cities was 4515 yuan / ton, down 1 yuan / ton from the previous trading day. From February 2 to February 17, the price of steel billets in some steel plants will be locked during the Spring Festival. The price of steel billets will be 3850 yuan / ton, including tax. The price will be offered normally on February 18. With the introduction of billet lock price, it is not difficult to see that the market trading atmosphere has gradually weakened, businesses began to take holidays one after another, and the transaction of ST37 heavy plate is basically at a standstill. The downstream is dominated by rigid demand, and most said that ST37 heavy plate price will not change much before the holiday.

From the point of view of steel enterprises, it is very difficult for ST37 heavy plate price to fall significantly due to the acceptable order receiving situation of steel enterprises in recent days and the strong willingness of steel enterprises to support the price. For this year's winter storage, most businesses said that their price acceptance is limited, and they are confused about the post festival market, and their willingness to winter storage is weak. Overall, it is expected that the market price of ST37 heavy plate will remain stable today.