The hr mild steel coil prices will become stronger today

On July 21, the average price of 4.75mm hr mild steel coil in 24 major cities in China increased 1 usd/ton from the previous trading day. Yesterday, the black commodity futures market fluctuated upward, and the spot market was more optimistic, with merchants' quotations rising slightly.

At present, market demand for hr mild steel coil has not been significantly released, and terminals have basically purchased on-demand, and transactions have not significantly increased. However, the current market inventory resources of hr mild steel coil are not large, and the sales pressure of merchants is not great.

Coupled with the support of cost, the willingness to rise price is strong. However, after the previous continuous rise, the market fear of heights has increased, and the operation is still focused on shipments, and the room for hr mild steel coil price increases is limited. It is expected that today's hr mild steel coil prices will become stronger.

The main steel grades of hr mild steel coil supplied by BBN steel are: ASTM A36 ms coil, S235JR coil, SS400 steel coil, ST37-2 mild steel coil, Q235B hr coil, etc.