Overview: In the early morning of the 16th, the mainstream ex-factory price of common square billets in Qian'an, Tangshan, was stable compared with yesterday, quoted at 3,100 yuan/ton. The ex-factory price of common square billets of Songting Iron and Steel in Qian'an was also stable compared with yesterday, quoted at 3,100 yuan/ton. The spot price in storage, including tax, was reported at around 3,150 yuan/ton. In the morning, transactions in the billet market were cautious. The prices of downstream finished products were slightly lower while remaining generally stable. The following are the prices and transaction details of different varieties in Tangshan:

[Section Steel]

The mainstream prices of section steel in Tangshan remained stable. Among them, the price of I-beams was 3,420 yuan/ton, that of angle steel was 3,390 yuan/ton, and that of channel steel was 3,350 - 3,380 yuan/ton. The market was cautiously on the sidelines, and the overall transactions were weak.

[Strip Steel]

The mainstream price in the 145-strip steel market in Tangshan was stable compared with yesterday. The mainstream quotation in the market was 3,320 yuan/ton, and the market transactions were weak.

The price in the 355-strip steel market in Tangshan decreased by 20 yuan/ton compared with last Friday and remained stable compared with yesterday. The mainstream spot price was 3,340 yuan/ton, and the market forward price was basically the same as that of spot resources.

[Hot Rolled Coil and Cold Rolled Base Material]

The price in the Tangshan open flat plate market decreased by 20 yuan/ton compared with last Friday. The mainstream 1,500-wide common open flat plate in the market was quoted at 3,440 - 3,460 yuan/ton, and the manganese open flat plate was quoted at 3,590 - 3,600 yuan/ton. The market transactions were generally on the weak side.

The price in the Tangshan cold rolled base material market decreased by 50 yuan/ton compared with yesterday. The mainstream price of 3.01010 was 3,430 yuan/ton; that of 3.01210 was 3,430 yuan/ton. Quotations were mainly given, and transactions were poor.

[Medium Plate]

The price in the Tangshan medium and thick plate market decreased by 10 yuan/ton compared with yesterday. The price of 14 - 20 common plates was quoted at 3,460 yuan/ton, and that of low-alloy plates was quoted at 3,630 yuan/ton. The market price slightly decreased, and transactions were weak.

[Steel Tube]

The price of welded pipes in Tangshan continued to decrease by 40 yuan/ton, and the price of galvanized pipes decreased by 50 yuan/ton. For the 4-inch 3.75mm new national standard hot-dip galvanized pipe, Tangshan Huaqi was quoted at 4,300 yuan; for the 4-inch welded pipe, Tangshan Huaqi was quoted at 3,610 yuan. Transactions were average.

[Building Materials]

The price in the Tangshan construction steel market was stable. The current price of grade-III large-diameter threaded steel was 3,330 yuan/ton, that of grade-III small-diameter threaded steel was 3,400 yuan/ton, and that of coiled wire rod was 3,530 yuan/ton. The market quotations were temporarily stable, and transactions were poor.

[Forecast]

The direct delivery transactions of steel billets in Tangshan were weak. The spot price in storage, including tax, was reported at 3,150 yuan/ton for outbound delivery. The prices of downstream finished products were slightly lower while remaining generally stable, and the overall transactions were poor. It is expected that the ex-factory price of steel billets may decrease by about 20 yuan/ton in the afternoon.

Source ：https://gc.mysteel.com/a/24121610/47D5A8865A88BA70.html