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• API 5L pipeline pipe
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• Reasons for choosing Q690D steel

Market price forecast of hot rolled steel on April 28

On April 27, the average price of 4.75mm hot rolled steel plates and coils in 24 major cities in China was 3410 yuan / ton, 3 yuan / ton higher than that in the previous trading day. Yesterday, the quotation of merchants in the spot market was temporarily stable, the low-level transaction was acceptable, and the high-level transaction was weak, but the sentiment of merchants' falling price was not strong. Near the May Day holiday, the market still had the expectation for the demand for replenishment before this week's festival. With the acceleration of the recovery of the demand for hot rolling terminal and the increase of the demand for some bright spot industries, the market pessimism was obviously weakened. But at present, the price is maintained at about 3300 yuan / ton, and there is resistance in the rise and fall. Although the market is optimistic about the later expectation, the high point of the price is also restrained under the condition of high inventory. It is expected that today's hot rolled steel prices will remain volatile.

On April 27, the average price of 20 mm ordinary carbon steel plate in 24 major cities in China was 3678 yuan / ton, 3 yuan / ton higher than the previous trading day. Yesterday, the trend of futures was volatile and weak. In the early trading, the price of merchants remained stable, and in the afternoon, some merchants fell 10 yuan / ton. In terms of transaction, yesterday's market transaction performance was average, and the demand for goods preparation before the festival was not significantly released. In terms of resources, at present, there is a shortage of specifications in some markets, so it is difficult to return goods in a short term, and the price support is strong; secondly, in April, the steel plant resources are better, and it is expected that there will be some centralized arrival after May Day. On the whole, in the near future, the stock pressure of traders has been further eased, but they still focus on digesting the stock. It is expected that the short-term domestic medium and heavy plate market prices will continue to operate in a narrow range with limited fluctuation.