Yesterday, the average price of API 5L X52 heavy plate was basically the same as the previous trading day. API 5L X52 heavy plate futures weakened, coupled with the recent fluctuations in Tangshan billet price trends, affected by this, the dominant market API 5L X52 heavy plate prices remained stable.
In terms of API 5L X52 heavy plate transactions, most merchants reported that the current demand was poor, and some markets were affected by typhoons, and the transactions were poor throughout the day.
On the whole, although the current price difference between hot coil and medium plate is relatively small, due to the shock and consolidation of the API 5L X52 heavy plate market and the poor demand in some regions, it is expected that the price of API 5L X52 heavy plate today may continue to be stable.