[Haichuan Chemical Project] Building steel price trends in Chengdu’s steel market on May 18

Are these all construction steel? What kind of material is 300 high-speed steel; P

High-speed wire? A type of wire rod, usually referring to those rolled using \"high-speed twist-free rolling mills\"; common examples include ordinary low-carbon steel twist-free controlled-cooling or hot-rolled wire rods (ZBH4403-88) as well as high-quality carbon steel twist-free controlled-cooling or hot-rolled wire rods (ZBH44002-88). The rolling speed for high-grade wires is 80–160 meters per second; the weight of each wire (per coil) ranges from 1.8 to 2.5 tons. The dimensional tolerance is very high, reaching 0.02 mm. During the rolling process, it is possible to meet various requirements for the products by adjusting the process parameters, especially those related to the cooling stage.

2021-05-24 15:55 Today, prices of domestic construction steel continued to decline. Specifically, as futures prices fell, the spot market softened; there was little speculative demand in the market, and buyers at the downstream end made purchases based on their actual needs. Overall transaction volume was low, and resources available at low prices appeared frequently in the market. Given that merchants remain cautious at present. In summary, it is expected that the construction steel market will continue to decline in the short term. Today, the average price of HRB16-25 rebar in the national market is 5,253 yuan per ton, a decrease of 186 yuan per ton compared to the previous day’s price. North China region, Taiyuan: Today, the prices of building materials in Taiyuan are moving downward. Currently, the futures market is showing weak fluctuations; resources in the external markets continued to decline slightly in the afternoon. Sellers are eager to get their goods off the market, which contributes to ongoing price instability, while end-users are not very active in making purchases. In summary, it is expected that the prices of construction steel in Taiyuan will remain weak in the short term.