August 21 Harbin hot coil market price confusion


Today, the market price of hot coils in Harbin is slightly fluctuating. Currently, Anshan Iron & Steel Co., Ltd. sells 2.0mm hot rolled coils at RMB 4,580/tonne. Anshan Iron and Steel produces 2.5mm hot coils at RMB 4,450/tonne, and 2.75mm sells at the same price as 4350. RMB / ton, saddle, the current 3.0mm size hot coil price at 4280 yuan / ton, the price is stable. Anshan Iron and Steel 4.75mm size hot coil price at 4280 yuan / ton, up 130 yuan / ton; Benxi Steel 5.5-7.5mm size hot coil price at 4200 yuan / ton, up 50 yuan / ton.
As the dominant market price continues to rise, steel mills have also announced that the latest price increases have contributed to the market. Today, prices of hot coils in the Harbin market are turbulent, and prices of some businesses have been slightly adjusted. At present, there is a small amount of hot coil resources in Harbin, and Tonggang has a small amount of thin specifications to arrive. Angang also has a tight supply of resources. According to statistics, the total stock of hot rolled steel in Kazakhstan is about 30,000 tons.