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A572 grade 60 steel material price prediction next week

Posted:2021-03-05 17:14:49

This week, the market price of A572 grade 60 steel material was on the strong side, and the mainstream adjustment range was around 10-150 yuan/ton. Affected by the rising of the futures market and the rising of steel billet, the spot market prices have followed the rise. Judging from the current market situation, due to the strong cost support and the obvious upsurge in the spot market, the price of A572 grade 60 steel material has performed well. According to the feedback from traders, after the spot price has risen sharply, although terminal inquiries have increased, downstream purchases have been cautious. Basically, there is just a need to purchase. Some terminal companies said that the A572 grade 60 material price has risen too fast and it is difficult to accept, and the overall transaction situation is mediocre.

Due to environmental protection and production restrictions, the market sentiment has been strongly boosted. The market took the opportunity to operate and the situation has improved. In addition, due to the good news that is approaching the two sessions, merchants are very bullish about the market outlook. Therefore, the market price of A572 grade 60 steel material is expected to fluctuate and the market will be strong next week. The adjustment range is about 10-50.