Large steel mills such as WISCO, Taigang, Shougang, Tiangang and Baosteel continue to raise the price of building materials in early August.
Yesterday, a number of steel mills introduced the ex-factory price of steel in August. Large steel mills such as WISCO, Taigang, Shougang, Tiangang and Baosteel continued to raise the price of building materials in early August, but compared with July, the price adjustment of this round was significantly narrowed.
Among them, Shanxi Iron and Steel has the smallest adjustment range. Among the main building materials, only the rebar is finely adjusted by 20 yuan/ton, the high line and the plate screw are flat; for Taigang, the price of stainless steel is raised by 50 yuan/ton, and the stainless steel cold rolled plate is The increase is 30 yuan / ton; the slightly larger adjustment is Baotou Steel, stainless steel and cold rolled steel are raised by 90 yuan and 100 yuan / ton respectively.
Taigang also said that due to the steel market continued to rebound in July, the expansion rate of steel mills increased, crude steel output and steel inventories both rebounded. The relationship between supply and demand that was phased out again intensified, and the recent market has a downward trend. The factory therefore slowed down the pace of price increases, and the steel market will enter a consolidation period in the short term.
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