November 2 imported mine rebounded billet fell

On the 2nd, domestic iron concentrate powder market rose slightly in some areas, and transactions remained weak. The imported ore market rebounded weakly and the market inquiry was weaker than yesterday. The transaction was attributed to the Ping talks. The nickel ore market dropped slightly and the wait-and-see atmosphere was strong.

On the 1st, the ocean shipping market fell for the fifth consecutive day and the Capesize-type ship led the drop.

The sluggish pig iron market remained the same on the 2nd, and some of the early-stage discontinued manufacturers resumed production today. The overall turnover of the market was still light and demand was poor. The direct-reduced iron spot market continued to maintain its weak operation. Spot prices in various regions were temporarily stable, and downstream market demand was generally low.

On the 2nd, the billet price remained weak and consolidation. Today, the market was affected by the price cuts of Tangshan billet. The transaction is slightly light, and the merchants are waiting to see how the market will be bearish tomorrow.

The overall scrap market was stable on the 2nd, and some local major steel mills recalled the purchase price of scrap steel. The market resources are relatively small, and the transactions are average. The market price of waste stainless steel is stable, and transactions have been unsatisfactory in the recent period.

On the 2nd, the domestic coal injection market was running weakly. The operation of the anthracite coal market is basically stable. The market price of anthracite in the southwest region is firm and the downstream demand is strong, resulting in a shortage of resources in the area. The thermal coal market has been operating smoothly with good transactions. The coking coal market as a whole remained stable. In terms of transactions, the southwestern region of the northwest was relatively stable, with transactions in the northern China market slowing down, and lower enthusiasm for purchasing downstream from high coal prices.

The import coal market weakened on the 2nd, with only some species falling in price. The atmosphere of the coke market was poor, which was affected by the substantial reduction in the purchase price of coke from Hegang Steel. The market price was slightly chaotic. The blue carbon market maintained its consolidation trend. Most of the factories were underemployed and the market transactions remained stable.

On the 2nd, the imported manganese ore spot market remained stable and the transaction was weak. The imported chrome ore market was consolidating at a low level with poor transactions. The ordinary alloy ferrosilicon market was weakly operating; the manganese alloy market was weaker; the chromium alloy market price remained stable. The market for special alloy ferromolybdenum did not fluctuate, and the transactions were deserted; the vanadium alloy market remained stable and the volume was light.

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