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S355J2+N steel plates price may be consolidated tomorrow

On July 7, the Chinese market price of S355J2+N steel plates rose in a narrow range, with the national average price of S355J2+N steel plates 0.14 usd / ton higher than the average price of the previous trading day.

In terms of the market, the black futures fluctuated in the early trading today. Most businesses raised their prices slightly, but the transaction was weak after the rise. The overall market transaction of S355J2+N steel plates was slightly general, among which the southern region was seriously affected by heavy rainfall, and the production limit in Tangshan area was less than expected.

June and July belong to plum rain season, the overall market demand performance is general, and the downstream purchasing enthusiasm is insufficient. However, the output of the steel mill continues to be high, and the ex factory price of S355J2+N steel plates and so on flat steel products is firm and even continues to strengthen.

According to the feedback from the steel mill, the current situation of receiving orders about S355J2+N steel plates is good. On the whole, the market merchants are cautious to wait and see, and it is expected that the domestic S355J2+N steel plates market price will be consolidated tomorrow.