Steel Morning Post(20221110)
Release time:2022-11-10 17:09
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Yesterday, the common square billet rose 20%, Tangshan Qian'an Resources 3490, Qinhuangdao Lulong Resources 3490, and traders' resources 3560 or so.

Late trading trend of futures snails 2301: The late trading trend of futures snails was weak and volatile, closing at 3549, down 37/1.03%, with a 5-week moving average of 3598 above and a 10 day moving average of 3517 below. (Data source: Shanghai Futures Exchange (SHFE))

The focus of profiled tube strip blank: last night, the black futures market closed down at night, the direct delivery volume of billets this morning was average, the narrow band of Tangxiao was stable, and the Tang profile was stable. The market was waiting for a while. It is expected that the spot of the steel market will be stable in a narrow range within the day. (Unit: yuan/ton)


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