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The price of HRB400E Φ 18mm rebar rises in Changsha building materials market todayAbugarcia5501c3The trading volume shrank significantly compared with the previous month.Abugarcia5501c3It is expected that the price of building materials will be stable and strong.

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[Changsha building materials prices climb trading volume reduction] recently, Changsha building materials market prices continue to rise, while trading volume has decreased. According to the monitoring data of Lange Iron and Steel Research Center, as of the 7th, the prices of HRB400E Φ 18mm rebar in Changsha building materials market are as follows: 3750 yuan for Pinggang, 3750 yuan for Leng Steel, 3780 yuan for Xiangtan Iron and Steel Co., and 3800 yuan for Lianyuan Steel. Today, the rebar futures market fluctuated slightly, with the main thread closing at 3723, an increase of 0%.Abugarcia5501c3.30%, increase position 0Abugarcia5501c3.220,000 hands. Market research shows that after the sharp release of demand the day before, procurement in the lower reaches has slowed down significantly today, halving from the previous month. Some merchants said that due to the influence of the market fear of heights, they will not be partially involved until after the market pullback. According to the survey and statistics of Lange Steel Network on the 7th, 10 sample building materials traders in Changsha area totaled 6245 tons, a decrease of 6885 tons compared with the previous trading day. At present, the price of building materials in Changsha market continues to rise. In the macro positive promotion, raw material prices are supported, Changsha building materials prices are expected to remain stable tomorrow, or even slightly strong.