BBN Steel low-alloy medium plate price increase

In the morning of May 11, the Beijing building materials market continued to rise sharply. Among them, the mainstream price of small thread was 6600-6620 yuan/ton, the large thread was 6360-6390 yuan/ton, and the anti-vibration coil was 6540 yuan/ton.

Yesterday, the price of building materials in Japan rose sharply and the transaction performed well. Today, steel mills continue to increase their prices sharply, and market prices have passively followed the rise. However, because some basis operators have cashed in profits and low prices have available resources, market prices are more chaotic, and it is more difficult for intraday market prices to rise again.

The price of BBN Steel Q345B low-alloy medium plate 16-25mm: 6,920 yuan/ton, an increase of 30 yuan from yesterday.