Domestic plate prices rose slightly today. According to the price monitoring of SunSirs, as of May 17, the average domestic market distribution price of 20*2200*L medium and thick plates made of material Q235B is 3259.33 yuan/ton (tax included), which is higher than 16 The daily increase was 1.01%; the average domestic market distribution price of material Q345B specification 20*2200*L low alloy plate was 3413.33 yuan/ton (tax included), an increase of 0.89% from the 16th.

(Picture source: Business News Commodity Analysis System)

(Picture source: Business News Commodity Analysis System)
Main influencing factors:
1. As of press time, Tangshan common billet rose by 50 on the 17th, some local steel mills reported 3040, Changli factory reported 3040, cash including tax.
2.17 In the early trading on February 17, black futures prices rose sharply across the board, and the market's enthusiasm for purchasing increased accordingly. The overall shipment of medium and thick plates was acceptable.
3. According to feedback, the common specifications of common plates at Jingye Steel Plant have been seriously out of stock in the market recently, and some common specifications of low alloys of Pinggang are also out of stock. This has supported the spot price of medium and thick plates to a certain extent. Plate analysts from
Business Society believe that at present, merchants mostly adjust prices according to the trends of steel billets and futures, and it is common to follow market trends. It is expected that plate prices may still rise in the short term.