At present, the supply and demand side maintain a relative balance, which may restrain the price drop space. It is expected that the short-term price consolidation trend will continue. The APEC meeting, which the market is paying attention to recently, has kicked off on the 5th. It lasts for a week. To ensure that the air quality and environmental protection departments have introduced a number of emission reduction measures during the meeting, the production of some loop flange manufacturers and construction sites will be subject to certain restrictions. The spot market has no significant impact at present. For the short-day market, there are not many plans to arrive in the local market, but demand and funding are also average. It is expected that Lecong Hot Roll will continue to consolidate today. Judging from the market feedback, the market price in Changsha has dropped slightly, resources have gradually arrived in the market, and merchants have reduced prices to ease the contradiction between supply and demand. It is expected that prices will run smoothly in the short term. Chengdu market prices rose slightly, steel mills raised their quotations, but market transactions did not improve, and mainstream prices in the live flange market would consolidate within a narrow range.