Statistics Bureau data show that in late May 2023, steel prices in the national circulation market will continue to fall.
Details as follows:
The price of rebar (Φ20mm, HRB400E) decreased by 2.6% compared with the previous period (mid-May, the same below), an increase of 2 percentage points compared with the previous period.
The price of wire rod (Φ8-10mm, HPB300) decreased by 2.4% compared with the previous period, and increased by 1.6 percentage points compared with the previous period.
The price of ordinary medium plate (20mm, Q235) decreased by 2.1% compared with the previous period, an increase of 0.5 percentage points compared with the previous period.
The price of hot-rolled ordinary coils (4.75-11.5mm, Q235) decreased by 2.1% compared with the previous period, an increase of 0.9 percentage points compared with the previous period.
The price of seamless steel pipes (219*6, 20#) decreased by 2.0% compared with the previous period, and increased by 0.5 percentage points compared with the previous period.
The price of angle steel (5#) 3 decreased by 2.9% compared with the previous period, an increase of 1.7 percentage points compared with the previous period.
In the near future, it is predicted that steel prices will have a downward trend. If you have purchasing intentions, you can consult for quotations at any time.
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Email: sales01@royalsteelgroup.com
Post time: Jun-06-2023