On the 26th, the price of plate in Xi'an market remained stable for the time being, and the transaction volume increased slightly. As of press time, the market price of 12mm plain carbon steel sheet is 4180 yuan/ton, and the price of 14-25mm plain carbon steel plate is 4050 yuan/ton. 14-25mmQ460C low alloy plate 4220 yuan/ton.
In terms of market conditions, the resources of major steel mills have been limited recently. At present, the stock of medium and heavy plates in the Xi'an regional market is only 30,000 tons. In addition, the distribution of market resources is relatively scattered. Merchants have reported that there is a shortage of some specifications, and the market is less willing to negotiate and sell. In terms of transactions, downstream terminal demand remained stable on a weekly basis. The average daily transaction of merchants was 100-200 tons, and the overall transaction was average. Judging from the current situation, the price of Xi'an Q460C low alloy plate is expected to continue to consolidate in the short term.
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