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Domestic welded steel pipe prices remain stable, and will be strong in the short term

On Monday, the steel market weakened in an all-round way. Under the guidance of the futures breaking the key support points in the past week, the prices of long materials and plates in the spot market "fell" one after another. Among them, Shanghai hot coil and Hangzhou thread fell more than 100 yuan one after another. The market transaction was fragile and the confidence was insufficient. As of the closing, the main contract of rebar closed at 3965, down 113 points; The main contract of the hot coil closed at 3961, down 83 points; The main contract of coking coal fell 43.5 points to 1963.5; Coke main contract closed at 2561, down 95.5 points; The main iron ore contract fell 10 points at 714. As of 16:00 on the 29th, the average spot price of rebar of Lange Iron and steel network was 4160 yuan, down 32 yuan from the previous trading day; The average price of hot rolls was 4004 yuan, down 43 yuan from the previous trading day. In terms of raw materials, the price of Pb powder imported from Jingtang Port was 760 yuan, down 15 yuan from the previous trading day; The price of Tangshan quasi first grade metallurgical coke was 2800 yuan, which was the same as the previous trading day; The ex factory price of steel billet of Tangshan Qian'an leading steel plant was 3740 yuan, down 30 yuan from the previous trading day.

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Post time: Aug-30-2022