Tangshan manages the market price first strong and then weak. Thanks to the improvement of yesterday's turnover and the increase of billet, the price of Tangshan Square Pipe in early trading stably increased, but the terminal purchase slowed down, the high delivery was weak, and the quotation of some Square Pipe Mills in mid-trading fell by 10, but the turnover still remained unchanged. As of 16 points, 23 Square Pipe Manufacturers in Tangshan shipped 35,000 tons, down 53.3% from yesterday. 7 I-beam steel 7,200 tons, 12 channel steel 11,800 tons and 5 angle steel 16,000 tons. Today's snail narrow range shocks, billet prices after the early rise, the square tube market turnover is weak, wait-and-see atmosphere is strong, but in view of the cost support, it is expected that Tangshan square tube prices will be stable, narrow adjustment operation tomorrow.
In terms of square pipe price: Tangcheng 16-20 works quoted 3860 yuan, stable; Dacheng 14-16 works quoted 3860 yuan, stable; Zhengyi 5 # angle steel quoted 3840 yuan, stable; Shenda 14-20 channel steel quoted 3870 yuan, up 20 yuan; Electricity 22-25 channel steel quoted 3930 yuan, up 20 yuan.
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