Tianjin News: On March 5, the price of H-shaped steel in Tianjin market was stable but weak. As of press time, the price of angle steel: 5# angle steel RMB 3250/ton, 16# channel steel RMB 3210/ton, 18# I-shaped steel RMB 3280/ton; H-shaped steel price: 200*200 quoted at RMB 3290/ton, 400*200 quoted at RMB 3350/ton.
At the opening of the market today, the quotations of merchants in Tianjin steel market were stable but weaker than yesterday, and the overall transaction was weak. In terms of steel mills, some production lines of Tangshan billet steel mill were under maintenance, and local steel mills in Tianjin were in normal production. At present, the overall finished product inventory in the factory is sufficient, and there is no problem with supply; in terms of the market, according to market traders, market merchants have been mainly shipping recently, and the overall inventory is at a normal level; in terms of demand, the demand recovery of downstream enterprises is general, and purchases are mainly on demand; in terms of mentality, market merchants are cautious and wait-and-see about the future market.
In summary, the market price of Tianjin steel may fluctuate within a narrow range in the short term.
Post time: Mar-06-2025