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API 5L X42 PSL1 material prices will remain weak and stable this week

Posted:2021-02-01 17:14:09

 
Last week, domestic API 5L X42 PSL1 material and so on steel prices fluctuated in a narrow range. The spot market has been closed one after another. At the same time, due to the cost pressure, the supply pressure of steel enterprises before the festival is not big, and the market performance is mainly stabilized.
 
On the 29th, the domestic steel composite index was 162.87 points, up 0.28% on a week-on-week basis. The hot coil index was 160.7, up 0.4% on a week-on-week basis; the medium and heavy plate index was 165.15, up 0.3% on a week-on-week basis.
 
For this week, the closing situation will continue to expand, the API 5L X42 PSL1 material price adjustment is not enough to play an effective role in promoting API 5L X42 PSL1 material transactions, and at this stage, most of the regional winter storage has been gradually ended, and businesses will be closed, so the API 5L X42 PSL1 material price will remain weak and stable this week.