BBN steel 14-25mm A572 gr 50 low alloy sheet price

On December 24, the price of plate in Xi'an market fell by 30 yuan/ton, and the market transaction was light. The market price of 12mm carbon steel sheet is 4750 yuan/ton, the price of 14-25mm carbon steel sheet is 4620 yuan/ton, and the price of 14-25mm thick A572 gr 50 steel low alloy sheet in BBN steel company is 4820 yuan/ton.

Specifically, due to the sharp drop in billets yesterday and the weakening of the forward market volatility, the mentality of market merchants has been significantly weakened. Today, the early quotations of merchants have been significantly loosened, and the market is willing to ship. In terms of transactions, according to feedback from merchants, the current market demand in Xi'an is not bad, the pace of downstream terminal purchases has slowed down significantly, the wait-and-see sentiment is relatively strong, and the market resource transfer activity is low. Today, the average daily transaction of merchants is 100-200 tons. In terms of resources, mid-board resources have gradually arrived this week, and mid-board inventory continued to increase slightly during the week. Taking into account the current weakening of demand in the region and the strong profitability of merchants, it is expected that the price of Xi'an plate will continue to be weak in the short term.