Steel Market Morning News-20220425
Release time:2022-04-25 09:13
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Reading volume:

1. The general billet was stable yesterday, and Qinhuangdao Lulong Resources and Tangshan Qian'an Resources 4750 including tax left the factory. Trader resources around 4840.

2. Hot-rolled coil futures in the morning: The main force of hot-rolled coils opened lower and moved lower last Friday night, and the market effectively fell below the lower track support of the channel; the short-term pattern turned empty, and the intraday lower support moved down to around 4950.

3. Futures snail 10 predicts today: the snail will fluctuate downward in the night session, and will soon fall below the ascending channel. At present, the upper pressure is 5200 points, and the lower support is near 4850 points. Today, it is expected to show a weak and volatile trend.


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