January 10th Guangzhou Construction Steel Prices Continue to Rise

Today, the price of construction steel in the Guangzhou market continues to rise.

Currently, the market prices for Φ6.5mm universal wire produced by Handan Iron and Steel and Tangshan Iron and Steel are RMB 3,490 and RMB 3,400 per ton, respectively. The market price for Φ6.5mm high wire produced by Handan Steel, Ping Steel and Guangzhou Iron and Steel is RMB 3,500/ton, which is higher than yesterday's price increase. The market price of Φ12mm, Φ14mm and Φ16-25mmHRB335 rebar produced by Maanshan Iron & Steel is 3700, 3680, 3600 yuan/ton, respectively. The market prices of Φ12mm, Φ14mm and Φ16-25mmHRB335 rebar produced by Handan Steel are respectively 3720 yuan. The market prices of Φ12mm, Φ14mm and Φ16-25mmHRB335 rebar produced by Guangzhou Iron and Steel are respectively 3700, 3680, and 3600 yuan/ton, and the market prices of Φ12mm, Φ14mm and Φ16-25mmHRB335 rebar produced by Tangshan Iron and Steel are respectively 3,700, 3,700, and 3,650 yuan/ton. , 3680,3600 yuan / ton, are higher than yesterday's price rose 40-80 yuan / ton.

This week, Guangzhou, Lecong market construction steel market, the biggest feature is the resource constraints. The export volume of resources of local leading steel mills is large, the transport of resources to the north is tight, and the volume of shipments is low. The demand of the local market is good, and the demand for wire rods and rebars is relatively large. Due to the limited resources in the hands of the merchants, the specifications can not afford , to the trading volume has caused a certain influence. The ex-factory price of construction steel of some steel mills such as Handan Iron and Steel Co., Ltd., Cold Steel, etc., has continued to rise sharply around this time, and continues to stimulate the pull-up of market prices.