Domestic galvanized sheet market smoothly

- May 18, 2017 -

21st most of the domestic central city galvanized sheet prices stable, only a slight downward in Chengdu, the country's other major central city prices and the price of Friday flat. Domestic Key Center City 1.0MM galvanized sheet Average price is 4960 yuan, down 5 yuan. Along with the upstream hot rolling coil still maintains the weak city oscillation situation, the current stage of zinc plating prices are more weak factors, downstream demand also repeatedly depressed, especially the Beijing-Tianjin-Hebei region Market will continue to the national day after the 11 near the traffic control more stringent, to traders shipped or affected by certain.

Aside from the impact of the negative performance of the upstream hot rolled coil, the more important factor is that the market is in an objective process to remove low-priced inventories with proper price reductions. Steel plant resource costs and spot prices hang upside down serious, although the steel mills have begun to retreat and other policies but businessmen still dare not store goods, still to be active shipping mainly. In the short term, the market will continue to adjust the state of oscillation.