Tangshan Steel Market Express in February 20

　　Today (February 20) in the early morning of Tangshan Changli area rose 10 to 3010. The overall billet transaction was average, and the downstream finished material price performance was different. The specific transactions are as follows:

　　Strip steel: Tangshan's small narrow belt chased an increase of 10, mainstream manufacturers reported 3220, the overall market transactions were active, individual clearing; Tangshan 355 strip steel rose 10-20 compared to yesterday, spot quotes 3220-3230, Ruifeng spot 3230-3250, The spot is 20 lower than the futures grid, and the transaction is acceptable.

　　Section steel: Tangshan section steel prices stabilized and weakened in the early trading. The angle channel increased by 20 during the session. The mainstream quoted prices are I-beam 3400, angle steel 3440, and channel steel 3380-3400. Rolling mills are generally quoting normally, manufacturers have started to ship one after another, the market has gradually recovered, confidence has increased, and overall transactions have improved slightly from yesterday.

　　Pipe: Tangshan scaffolding pipe is more stable than yesterday, including tax report 3430-3490, the transaction is weak.

　　Hot rolled coil: Tangshan Kai flat plate prices are getting stronger, 1500 wide and wide flat plate first-line steel mill 3350, second-line steel mill 3340, manganese Kaiping 3490.

　　Medium plate: Tangshan medium plate prices rose, 14-22mm ordinary plate mainstream reported 3420, low alloy plate reported 3620.

　　Scrap steel: Tangshan scrap steel stable: heavy a2420-2460 individual 2650, first-class crushed material 2300-2330, shear material 2120-2150, steel sheet material 2570-2650, flower iron briquetting 2520-2550, reinforcing steel cutting head 2600-2660, horseshoe 2520-2540, excluding tax.

　　Building materials: The mainstream of the building materials market in Tangshan is stable, with 3300 large threads, 3350 small threads and 3460 pan screws.

　　Billet: Tangshan Steel Plant's billet has weak straight hair, some are delivered around 3080, Tangshan billet market warehousing spot mainstream report is 3090-3110, including tax delivery, low income but high, some small transactions; the overall transaction of finished materials is expected, it is estimated that noon steel billets Hold up after the price. (Source from mysteel.com)