The market price of galvanized square tubes in Shanghai is stable for the time being. Due to seasonal influence, the recent overall market turnover is not good. In addition, the recent upstream raw material market price changes frequently, the late market trend is not clear, downstream customers procurement operation is generally cautious, traders overreporting wait-and-see attitude. Inventory is on demand replenishment, prudent operation. It is expected that the market price of galvanized square tubes in Shanghai will be dominated by narrow fluctuation in the near future. In terms of raw materials, the price of Tangshan Pucarbon 150 billet rose by 10 to 3640 yuan today, while the price of Tangshan Ruifeng 355mm series strip steel fell by 10 to 3870 yuan. Mainstream pipe factory ex-factory price is temporarily stable.
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