Yonghong 42CrMo round steel merchants want to play a beautiful turnaround ä»—
On the last day of the month, the market opened in early trading, the price of Yonghong 42CrMo round steel continued to be weakly adjusted. The price of Φ16-40mm round steel was lowered by 20-50 yuan/ton; the overall price of Φ12-14mm was down by 20 yuan/ton; the price of Φ18-20mm was slightly smaller. The downward adjustment is 10-20 yuan/ton; the reaction to today's market is a steady downward adjustment.
It seems that the winter storage has become the last life-saving grass of this year? With the recent decline of scrap in some areas of 100 yuan / ton or more, although most businesses are in a cautious wait-and-see state, but there are still a small number of funds of merchants are ready to move. The so-called "successful and timid, scared to death", everyone wants to play a beautiful turnaround. But we can't help but consider whether the current decline can give the 42CrMo round steel market and merchants enough time and space.
The rising steel prices of wood demand are short-lived. The difference is only the problem of the length of flowering time. The current market outlook for the market outlook is not too optimistic, nor too pessimistic, it seems a bit weak. Even with the growth rate of 42CrMo round steel production falling this year and next year, it is expected that there will be little room for retreat. The overcapacity situation of 42CrMo round steel industry is still difficult to alleviate. In addition, the slowdown of downstream demand may be higher than the output of 42CrMo round steel. The speed of the fallback, in short, the situation of the Yonghong 42CrMo round steel market is not optimistic. The above price information is provided by and,,, and! For your reference reading!
In summary, with the continued decline of Tangshan billet this morning, and the futures continued to fall, the current demand has not improved, and the overall turnover of Yonghong 42CrMo round steel market is sluggish, so tomorrow is December, let We look forward to the good news next month!
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