This week, the H-beam market price remained stable as a whole, without much fluctuation. The market continued to consolidate weakly under the drag of sluggish downstream demand. The small and medium-sized resources in the market are still relatively out of stock, and there is basically not much inventory. Market transactions are mostly conducted at concessions to stimulate shipments. As the weather turns colder, the northern steel market is in a downturn and the "southern is strong and the north is weak." The difference is obvious. The North China market has risen sharply, and has basically "swallowed up" the gains in early November. The East China market has fallen slowly, South China and Central South , Southwest China is dominated by consolidation. The market has gradually entered the off-season of seasonal demand, demand continues to shrink and shipments have dropped significantly. The spot market has weak transactions and merchants are not willing to stock up. The later steel market is also facing a greater test.

Market review

The Shanghai H-beam quotation has remained stable this week, and shipments have been normal. A lot of goods have arrived on the market, and some resources have been supplemented. The current small-size mainstream 200*200 is reported at 3420-3470 yuan/ton, 400*200 series is about 3570 yuan/ton, 340*250 series is 3550 yuan/ton, 300*300 is reported at 3680-3700 yuan/ton, 350*350 is reported at 3720 Yuan/ton, 700*300 is reported to be around 3830 Yuan/ton. The market price in Tangshan area dropped slightly, about 10-20 yuan/ton. Now the small size 200*200 is reported to be around 3470, the large size 400*200 series is reported to 3520, 500*200 is reported to 3520, 300*300 is reported to 3630, and 700*300 is reported to about 3780. The quotation in Laiwu area is stable, and small and medium specifications are out of stock. The current under-report for 200*200 cargo is about 3590 yuan/ton, 400*200 is about 3710 yuan/ton, 300*300 series is about 3630 yuan/ton, 350*350 is reported to 3700 yuan/ton, 700*300 is quoted at 3800 yuan/ton about.