Nanjing Building Materials Price Line Steady Down

Fubao Information on August 6:

The price of construction steel in Nanjing market fell slightly. Yonggang Φ6.5-10mm high line 4320 yuan / ton, unchanged; Nanjing Steel Φ6.5-10mm high line, out of stock; Maanshan Iron and Steel Φ14-25mm secondary thread 4120 yuan / ton, Flat; Yonggang Φ14-25mm secondary thread 4,000 yuan / ton, down 20; Shagang Φ14-25mm secondary thread 4000 yuan / ton, down 20; Nangang Φ14-25mm secondary thread, out of stock; Yonggang plate screw 4350 Yuan/ton, drop 30.

Although Nanjing Iron & Steel raised its ex-factory price by RMB 30/t, the acceptance rate in the high-priced market has decreased, and high-price transactions have been poor in the past few days, which has caused businesses to be unstable and can only lower the selling price to stimulate trading volume. However, the market demand is still weak, and the downstream procurement enthusiasm is not high. At present, the local market high line and Masteel have fewer resources, the prices remain high, and the Sarawak Threads are all slightly lower. 20. The current market price is still higher than the ex-factory price, and the price is lower. There is a certain amount of space, it is expected that there will be a greater chance of continuing to oscillate downwards.