On December 26, the price of Tianjin construction steel remained stable throughout the day. The prices of HRB400E threaded 12mm in Hegang and Jingye were RMB 3390-3430/ton, 20mm in Ф, RMB 3290-3330/ton, and HRB400E coiled 10mm in Ф, RMB 3460-3500/ton. Today, the futures of screw continued to rebound at the opening, and slightly declined from the intraday to the closing. The spot price was stable, and the market transaction performance was general. In terms of inventory, the inventory continued to be reduced this week. At present, the inventory of Tianjin construction steel decreased by 15,000 tons compared with last week, of which the threaded steel decreased by 13,500 tons compared with last week, and the coiled steel decreased by 1,500 tons compared with last week. The market resources were relatively small, and some specifications were out of stock. At the same time, it was a warm winter, and although the demand was weak, the downstream construction was still in progress. On the whole, the futures of screw continued to rebound, the mentality of merchants was general, and the quotation remained stable. It is expected that the market price of Tianjin construction steel may remain stable tomorrow.
Post time: Dec-26-2024