Industry information
Market performance today
【Time:2021-08-18 16:58】 【Traffic:

 In the morning, the black futures fell as a whole. The main force of the hot coil fell to 5453 yuan / ton and the main force of the thread fell to 5125 yuan / ton. Technically, the two finished products fell below the 60 day line support, and the market showed high signs of weakening. The current round of black futures is now linked down, which is affected by the news to a certain extent. The key words are embodied in "sports production reduction, ensuring supply and stabilizing price, commodity price trend" and so on. The market has some negative expectations. At present, the supply and demand of the plate market is still in a tight balance. The spot market is expected to follow the futures linkage, but its fluctuation range may be relatively moderate compared with the futures market.

Billet is expected to fall in the late afternoon.
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