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Today, Baotou market hot-rolled coil prices rose.
The current sales price of Baosteel Q235 2.75mm hot coil is RMB 4250/ton, and the sales price of Baosteel Q235 3.0mm hot coil is RMB 4200/ton, which is RMB 200/ton higher than that of yesterday; Baotou Steel 5.5-6.0mm * The price of 1500*C is 4,000 yuan/ton, and the price of 8.0mm*1500*C from Baotou Steel is 4,000 yuan/ton, both rising by 70 yuan/ton from yesterday's price.
From the perspective of steel mills, Baotou Steel raised the price of coils by RMB 500/tonne, which is the main factor that caused prices to rise. At present, Baosteel's self-reported resources are still tight, and in September the resources are still mainly supported by varietal steel. Therefore, the circulation of the general board is still low, and the market inventory is still not replenished in time. In addition, the surrounding market, and the generally rising prices of hot-rolled coils in the East China and South China markets have also formed a good support for local market conditions. The resources of the local markets are relatively tight, and local businesses are still optimistic about the market outlook.