The Price Trend Of Cold-rolled Steel

Cold-rolled coil: On April 8th, the average price of 1.0mm cold coil in 24 major cities in China was CNY 6,047 / ton, down CNY 11 / ton compared with the last trading day. This week, the weekly output of cold rolling was 829,900 tons, with a weekly decrease of 16,300 tons, and the warehouse and social warehouse continued to decline. The weekly apparent demand was 866,800 tons, with a weekly decrease of 8,600 tons, reflecting the slowdown in the current market demand growth. Market mentality, the market price is at a historic high, the downstream will to receive goods is very poor, are mainly wait-and-see. In summary, 9 days of domestic cold rolling prices weak operation.

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