Cold Rolling: This Week The National Cold Rolling Spot Price Weak Shock, Poor Market Turnover.

Cold rolling: this week the national cold rolling spot price weak shock, poor market turnover.

Fundamental point of view, from the fundamentals of cold rolling, supply recovery, weekly production of 825,700 tons, an increase of 0.06 million tons.

Total inventory continued to increase, and social bank increased significantly;

Demand, spot shock adjustment, terminal wait-and-see sentiment strong, sporadic procurement, short-term cold rolling prices show a weak shock trend.

On the whole, is expected to next week in Liuzhou market cold rolled coil prices or weak operation.

Short comments: The weak steel price means the reduction of purchase price. We will provide the most favorable price for customers on the basis of steel and exchange rate of our drum closure, drum cap seals, and drum clamps, etc.