Resource prices at major steel mills in Shanghai rose 60 percent throughout the day. The steel mills said that the transaction was very good, all of which were closed, and the transaction volume of the traders was also very good. Third-tier resources rose about 30 in early trading, and the transaction was smooth. The intraday price continued to rise by 30, and the cumulative increase was 60. The market transaction was in good condition, the shortage was relatively severe, and the supply was in short supply. ​​

In the morning, Hangzhou rose 50% all day, the market performance is positive, and the shortage is serious. As long as there are specifications, it can be shipped. ​​

Resource prices of mainstream steel mills in Shandong Province rose between 20 and 30. According to the news from the steel mills, due to the influence of the disk, the results of inquiries and transactions are very good, and the overall performance is good. The spot market in Guangzhou was raised again between 30 and 50. The inquiries in the morning stabilized, and the transaction performance was average. The futures market was higher, the terminal was picking up goods on demand, prices were firm, and the trading volume was normal throughout the day.

Recently, steel prices have continued to fluctuate at a low level, and the city’s mood has been restless, which has increased the enthusiasm of traders. Under the guidance of the capital market, spot prices in many places rose during the session, and some manufacturers frequently adjusted their prices, creating a tense atmosphere in the market. Yesterday’s favorable macro futures boom once again increased the market’s enthusiasm for pulling up, and the market’s bullish mentality spread again, and spot prices also rose one after another. Although the transaction of high-level resources was weak after the price increase, considering the influence of factors such as shortage of specifications and resource shortage, the short-term market still maintained a strong pattern. It is understood that building materials account for nearly half of the 800,000 tons of steel. Affected by this, the pace of replenishment in the northern resource market is slow, and the willingness of merchants to support prices dominates. It is expected that steel prices in the South will remain high in the short term. Steel plate prices rose and rose again, some people were happy and others were worried. After the traditional peak season of gold, silver and silver, the price of steel has ushered in a rise again, and the market transaction volume has also performed well, and the dealers are still overjoyed.