The steel market of Panhua Metal Co., Ltd. is rising
This week, most of the prices of various varieties in Panhua Metal Co., Ltd. is rising, showed an upward trend, and the spot prices of various varieties became stronger as a whole. At the beginning of the week, the market became stronger as a whole driven by the rising futures shocks and the overall high consolidation of raw material prices. Near the weekend, futures shocks became stronger, spot prices moved higher and transactions narrowed. From the price performance of each variety, the overall price of each variety is getting stronger this week. The cold rolling price rose by 7.3 dollars/ton, up 1.14%, H-beam fell by 7.3 dollars/ton, down 1.23%, thread rose by 17 dollars/ton, up 2.79%, hot rolling price rose by 3 dollars/ton, up 0.49%, medium plate price rose by 1.5 dollars/ton, up 0.24%, high-speed line rose by 15 dollars/ton, up 2.35%