[Market Summary] In terms of market, the black futures market rebounded strongly today, with the closing price of the main hot coil contract at 3,312 yuan/ton, an increase of 3.79% from the previous trading day. As the spot price of hot coils has risen sharply in the past two days, the costs of galvanized coil manufacturers have also continued to rise. Many private steel mills have significantly increased their ex-factory guidance prices, with the range being around 100 yuan/ton. However, this has been transmitted to the trading market. Shrunk to a certain extent. The main reason is that there is no actual support for this round of price increases, there is no obvious increase in demand, and no stimulus policies have been introduced. In addition, there are not many steel mills taking the initiative to reduce production. Merchants are still more cautious, hoping to take advantage of this price increase. If you ship more, you can get a discount on price.

[Price] The price of galvanized coils nationwide rose slightly on the 21st. The average price of 1.0mm galvanized coils is now 4,262 yuan/ton, an increase of 7 yuan/ton from the previous trading day.

[Regional Price Difference] State-owned resources: the price difference between Lecong and Shanghai is 80 yuan/ton, the price difference between Shanghai and Tianjin is 230 yuan/ton, and the price difference between Lecong and Tianjin is 310 yuan/ton. Private resources: The price difference between Lecong and Shanghai is 70 yuan/ton, and the price difference between Lecong and Tianjin is 70 yuan/ton.

[Steel mill price adjustment] Today, the ex-factory price of private galvanized steel mills in various regions has been partially increased by 30-50 yuan/ton. The ex-factory price of northern resources is around 3,700 yuan/ton.

[Transaction Status] 154 full-scale galvanizing companies shipped 18,650 tons, an increase of 2,476 tons or 15.31% from the previous trading day.

https://m.mysteel.com/a/24082117/EFE4026562C7BA11_abc.html