It is expected that API 5L X42 PSL1 carbon steel plate price will remain consolidating tomorrow

Yesterday, the average price of API 5L X42 PSL1 carbon steel plate in major cities in China was unchanged from the previous trading day. Today's futures are weak and fluctuating, coupled with the recent fluctuations in Tangshan billet price trends, the current API 5L X42 PSL1 carbon steel plate price is slightly lower than yesterday. Affected by this, API 5L X42 PSL1 carbon steel plate price trend in the dominant market today is mainly stable.

As to API 5L X42 PSL1 carbon steel plate transaction situation, some merchants reported that the current demand is poor, coupled with the shortage of resources in some areas, the overall transaction deviation. For the market outlook, under the support of relatively high costs, the API 5L X42 PSL1 carbon steel plate price runs at a high level, but the price increase momentum is insufficient due to poor demand. On the whole, it is expected that the market price of API 5L X42 PSL1 carbon steel plate tomorrow will remain consolidating.