What is the latest price of medium and heavy steel plate?

The price of medium and heavy steel plate remains stable in Shanghai, and the overall trend is strong at both ends and weak at the middle. At the beginning of the week, market prices rose slightly, and merchants were more optimistic about the market outlook. Some merchants were reluctant to sell. The follow-up market began to weaken, and the market shipments also decreased. The overall price was relatively firm compared to other varieties. The weekend was driven by positive news such as Tangshan Environmental Protection's production restriction, and the market price returned to the same period last week.

In terms of heavy plate resources, the medium plate inventory of all warehouses in Shanghai temporarily reported 121,100 tons, a decrease of 10,000 tons, which was basically the same as last week. Low-alloy steel and carbon plate products are mainly based on BBNsteel. At present, there is a shortage of the mainstream specifications of common heavy steel plates in the market. In terms of transactions, Thursday’s transactions performed well, while other time periods performed generally. On the whole, it is expected that the market price may have a slight buffer downward adjustment next week, but in the long run, the market still has room to rise.