SunSirs: The Price of Galvanized Sheet and Color Coated Sheet Fell Sharply on October 28
October 29 2021 13:30:16     SunSirs (John)Price trend
Analysis review
According to the price monitoring of SunSirs, on the 28th, the market price of galvanized sheet was 6,702.5 RMB/ton, and the market price of color coated sheet was 8,866.67 RMB/ton. The hot rolled coil futures market oscillated at a low level, and the demand side continued to be sluggish. The mentality of galvanized sheet merchants was generally pessimistic, and spot prices fell one after another. At the end of the month, there was a lot of pressure on funds, and some merchants even lost money for shipments to make working capital.
Market outlook
In general, the prices of galvanized sheet and color coated sheet are mainly weak and fluctuating in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-02-04 SunSirs : The Year-on-Year Growth of China's Iron Ore Raw Ore Production in 2023
- 2023-06-20 SunSirs: National Steel Production in May 2023
- 2023-05-10 SunSirs: China Steel Association: Main Metallurgical Products Import and Export Report Last Month
- 2023-02-17 SunSirs: China Steel Association: the Daily Output of Crude Steel in the first Ten days of February was 2062100 Tons
- 2023-01-31 SunSirs: The Steel Market Welcomed a Good Start, and the Whole Line of Steel Products Rose Sharply