## News summary

Prices in the Tangshan steel market remained stable on May 26, transactions of major varieties were generally weak, and the market atmosphere was general.

## Newsletter text

[Tangshan Steel City Express**baccarattalleyrand**: May 26] On May 26, the ex-factory price of Tangshan Qian 'an Pu billet remained stable, with the quoted price of 3560 yuan/ton; the price of the warehouse spot part including tax was about 3630 yuan/ton.

[Steel Price] The Tangshan steel market performed steadily, with the price of I-beam remaining at 3800 yuan/ton, the price of angle steel at 3780 yuan/ton, and the price range of channel steel at 3,750 -3780 yuan/ton. The overall transaction situation was weak.

[Strip Steel Price] The market price of Tangshan 145 strip steel is the same as the previous day. The mainstream price is 3750 yuan/ton, and the transaction situation is average. The market price of 355 strip steel has also remained unchanged. The mainstream spot price is 3730 yuan/ton. The market forward price is consistent with spot resources, and the transaction is weak.

[Hot coil and cold rolled base material prices] The market price of open flat plates has been lowered by 10 yuan/ton compared with the previous day. The market's mainstream 1500-wide open flat plates are quoted at 3800 yuan/ton, and the manganese open flat plates are quoted at 3950 yuan/ton. After the early trading price was slightly lowered, the overall transaction situation was poor. The market price of cold rolled base materials is stable, and the market mainstream 3**baccarattalleyrand**.0*1010 is 3790 yuan/ton, and 3.0*1210 is also 3790 yuan/ton. The transaction is average.

[Medium plate price] The market price of Tangshan medium and thick plates is the same as the previous day. The price of 14-30 ordinary plates is 3860 yuan/ton, and the price of low alloy plates is 4060 yuan/ton. The market price is stable and the market atmosphere is general.

[Pipe prices] The market prices of Tangshan welded pipes and galvanized pipes remained stable. The price of Tangshan Huaqi for 4-inch 3.75mm new national standard hot dip galvanized pipes was 4620 yuan/ton; the price of Tangshan Huaqi for 4-inch welded pipes was 3920 yuan/ton, and the transaction was weak. The market price of coiled steel pipe scaffolding is stable. The price range of 2.5m pole is 5,170 - 5,190 yuan/ton, the price range of 0.9m pole is 5,110 - 5,120 yuan/ton, and the price range of diagonal pole is 4,970 - 5,000 yuan/ton. Including tax and weighing, the transaction situation is average.

[Building materials prices] The market price of Tangshan construction steel has temporarily stabilized. The price of third-level large threads is 3800 yuan/ton, third-level small threads is 3910 yuan/ton, and the price of coil screws is 4050 yuan/ton. The market price is stable and the transaction is average.