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API 5L X60 PSL1 plate and so on steel price in the middle and late July
At present, in terms of demand, market transactions for API 5L X60 PSL1 plate and so on steel will be slow to release. In terms of inventory of API 5L X60 PSL1 plate and so on steel, it will gradually start to turn from decline to increase, showing a negative performance. In terms of steel mills, transaction pressure gradually increases, and some steel enterprises begin to reduce API 5L X60 PSL1 plate and so on steel prices. As for API 5L X60 PSL1 plate and so on steel traders, there is more pessimism, and the operation is mainly fast in and fast out.
Generally speaking, the steel market is negative, but the raw material side is going up against the current to form a support. In addition, affected by the production restriction, without the stimulation of other major events, the late July price of API 5L X60 PSL1 plate and so on steel will continue to be in a high-level game state.