Haihao Group takes you through the price changes of black metal in early February

In the midst of fluctuating global steel raw material markets, Haihao Group remains vigilant in monitoring market shifts. During the early days of February, there were notable fluctuations in the prices of black metals. Here’s a breakdown of the specific developments:

φ20mm HRB400E Threaded Steel: Priced at 3910.6 RMB/ton, experiencing a decrease of 14.5 RMB/ton compared to the previous period, marking a 0.4% decline. Despite the decrease, the drop was relatively minor.

ASTM A106 Gr B seamless steel pipes

φ8mm~φ10mm HPB300 Wire Rod: Priced at 4120.4 RMB/ton, showing a decrease of 13 RMB/ton compared to the previous period, with a decline of 0.3%. The wire rod market also experienced a slight decline.

20mm Q235 Ordinary Medium Plate: Priced at 4141.6 RMB/ton, witnessing an increase of 16.1 RMB/ton compared to the previous period, with a rise of 0.4%. Unlike other products, the price of ordinary medium plate increased.

4.75mm~11.5mm Q235 Hot Rolled Ordinary Coil Plate: Priced at 4051.7 RMB/ton, experiencing a decrease of 22.7 RMB/ton compared to the previous period, with a decline of 0.6%. The hot-rolled coil plate market also saw a decline.

φ219mm×6mm 20# Seamless Steel Pipe: Priced at 4696.9 RMB/ton, showing an increase of 20.0 RMB/ton compared to the previous period, marking a 0.4% increase. The seamless steel pipe market experienced an upward trend.

Carbon steel pipe fittings

5# Angle Steel: Priced at 4182.4 RMB/ton, witnessing an increase of 4.4% compared to the previous period, with a rise of 0.1%. The angle steel market also saw some upward movement.

These changes underscore the market’s uncertainty and volatility. Haihao Group will continue to closely monitor market dynamics, adapt flexibly, and provide customers with stable product supplies and quality services.