It is expected that the market price decline will narrow next week, and forged flanges are mainly weakened. This week, the mid-market continued its downward trend last week, and the market has a strong wait-and-see atmosphere. In the case of continued sluggish downstream demand, the transaction situation is also unsatisfactory. Specifically, affected by the temperature, the downstream operating rate in Central China and North China is low, and demand is not followed up. Although the inventory pressure of merchants is not great, the shipment is difficult. In addition, due to financial pressure, it has no choice but to drop prices and withdraw funds. Prices continue to drop, ranging from 80-170 yuan/ton; in East China and South China, because of the southward movement of northern materials, a large number of low-cost northern resources occupy most of the market, resulting in fierce price competition among steel mills, and prices are also one Fall and then fall, the decline ranged from 80-200 yuan/ton. At present, the entire market is still in a state of stocks and no market. In addition to the end of the month, the financial pressure of merchants will heat up, and there is still a certain price difference between the prices of some steel mill resources and the ex-factory prices in the market, so it is expected that next week The board market may still weaken.
Recently, external resources have continued to weaken, and forged flange traders are mainly bearish on the market outlook.
