Steel Morning Post (20220505)
Release time:2022-05-05 12:01
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Yesterday pufang billet rose 10, Tangshan moved to an resources and Qinhuangdao Lulong resources 4790 including tax factory. (Up 20 on April 30, stable on May 1, stable on May 2, up 20 on May 3, up 10 on May 4)
Phase snail 10 forecast today: phase snail on the 60-day line to rebound, and effectively stand on the 5-day line, at present the upper pressure of 5000 points, the lower support near 4800 points, today is expected to open high concussion trend.
- type tube belt blank concerns: futures disk or high open concussion trend. This morning, the amount of billet straight away is still ok, Tang small narrow band steady operation, stable profile up 10-30, the spot market is expected to be stable in strong operation, pay attention to futures disk and transaction follow-up. (Unit: Yuan/ton)

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