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The price performance of S460N structural steel plate in China
On July 21, the average price of S460N structural steel plate in 24 major cities in China increased 0.43 usd/ton from the previous trading day. Yesterday, the black futures closed up, and some markets slightly increased by 1.43 usd/ton in the afternoon.
The downstream wait-and-see customer inquiries about S460N structural steel plate increased, and the transaction improved. In terms of inventory, the recent arrival of new S460N structural steel plate resources is relatively small, mainly due to high ordering costs, weakened purchasing enthusiasm of merchants, and the rapid production of steel plants, which has led to a shortage of some S460N structural steel plate specifications.
On the whole, the market has a strong wait-and-see sentiment, the factory prices of steel mills are firm, and some resources are in short supply. It is expected that the price of S460N structural steel plate in China today will become stronger.