The short-term price trend of RMRS DH32 plate

In May, the manufacturing industry and construction industry were still in the expansion range, especially the latter's expansion was still accelerating, and the steel demand further recovered, which also showed that China's economy continued to recover, and the fundamentals for a long-term good did not change. In the short term, the demand for RMRS DH32 plate and so on steel continues to perform well, and with the price of raw materials such as iron ore rising, driven by high demand and high cost, there is still room for RMRS DH32 plate and so on steel prices to rise. Considering that high supply, high storage pressure are still in place, and high temperature and rainy weather will affect the sustainability of demand, it is not appropriate to increase too fast.

June 1 price of RMRS DH32 plate: stable, moderate and strong
Today, China's medium and heavy plate market price is stable and strong, futures continued to stay high, as well as Tangshan production restriction and other positive news, which supported the market's enthusiasm for RMRS DH32 plate and so on steel price. In the rising market, the market inquiry was active, but the enthusiasm for buying was slightly insufficient, there was volume of low-level transactions, and the high-level was not prudent. In the short term, the high demand is weak, but the RMRS DH32 plate and so on steel resources are in short supply, and the market inventory pressure is not large. It is expected that the short-term medium and thick plate prices will run in a strong adjustment trend.

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