Steel Morning Post（20221128）
Release time:2022-11-28 10:33
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Yesterday, the common square billet was stable, Tangshan Qian'an Resources 3560, Qinhuangdao Lulong Resources 3560; All ex factory taxes included; Trader resources 3640. (Up 20 on Saturday, stable on Sunday)

Late trading trend of futures snail 2301: On Friday, the late trading trend of futures snail was strong and volatile, closing at 3747, up 56/1.52%, 3893 higher above, and 3706 lower than the 5-day moving average. (Data source: Shanghai Futures Exchange (SHFE))

Concerns of profiled tube strip blank: On Friday, black futures had a narrow overnight trading range and closed higher. The market rose steadily by 20-30 on Saturday, but the transaction was slow after the rise, and the price was stable on Sunday. This morning, the direct delivery volume of billets was average, and the small narrow strip and profile of Tang Dynasty were operating steadily. The market is waiting for a while, and it is expected that the operation will be stable and weak in the day. Pay attention to the market trend and transaction dynamics of futures. (Unit: yuan/ton)


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