Shandong News: On the 7th, the price of rebar in leading steel mills in Shandong was 4110-4160 yuan/ton, the price of blast furnace factories in other provinces was 4060-4100 yuan/ton, and the resource price of electric furnace factories was 4070-4120 yuan/ton. compared to flat.
When the market opened today, snails rose slightly in early trading, the ex-factory prices of mainstream steel mills and private steel mills were basically stable, with sporadic quotations in the market and a small amount of transactions. Judging from the market situation, merchants still mainly focus on shipments, and have no willingness to take the initiative to stock up in the short term. Although the epidemic control in most parts of Shandong has been relaxed, and market confidence has gradually strengthened, it has little effect on boosting demand in the short term, and prices do not have enough momentum to rise. It is expected that the price of construction steel products in Shandong may fluctuate within a narrow range tomorrow.
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