Tianjin Steel Strip: On the 11th, the price of Tianjin hot-rolled steel strip remained stable. As of press time, the hot-rolled steel strip market in Tianjin was quoted at RMB 3330-3380/ton for 2.5*360mm and below, and RMB 3350-3390/ton for 3.5*685mm and above, both including tax.
At the opening of the market today, the market price of Tianjin hot-rolled steel strip was stable, and the overall transaction was not smooth. Today, the black futures fluctuated downward due to the impact of tariffs, and the market mentality was hindered. In addition, the current terminal demand has not yet started, so the overall market sentiment is not good, and the trading atmosphere is relatively cold. The short-term market mentality may continue to be affected, but as the temperature rises and the spring break ends, the domestic trade market may start one after another.
In summary, it is expected that the market price of Tianjin hot-rolled steel strip may be slightly lower tomorrow
Post time: Feb-11-2025