A387 GR.11 CL.2 pressure vessel steel market price forecast on June 24

On June 23, the average price of A387 GR.11 CL.2 pressure vessel steel in China was slightly down  from the previous trading day. Yesterday, the future goods fluctuated at a low level, and the market wait-and-see sentiment was strong. The A387 GR.11 CL.2 pressure vessel steel quotations were mostly stable.

Some A387 GR.11 CL.2 pressure vessel steel specifications were still relatively scarce, and the price had some support. In terms of steel mill resources, there are not many resources available on the market, and short-term resources are still under pressure. However, steel mills have relatively good orders, firm ex-factory prices, and relatively high costs for traders. Taken together, it is expected that today's domestic A387 GR.11 CL.2 pressure vessel steel prices will continue to consolidate.