Reuters commentary (May 12)

LME Copper: Copper reduced the decline in late-night mixed trades, before the strengthening of the US dollar, and the rumors of improved copper supply, once pressured copper to fall more than 3%. Copper fell from around the intraday low of $3,130, triggering stop loss selling; The period fell to below 3,100, hitting a lower level since mid-February. Three-month copper fell more than 3% to US$3,077, compared to final closing at 3,096, still well below the 3,182 on Wednesday's close. A trader said, "The copper futures partially rebounded under the trade buying push, but the technical chart shows that it is still vulnerable. The key today is that the stop loss sell order is activated, opening the door for a decline to 3,020/040. The current resistance level At 3,110, then 3,135/150. The copper fall was triggered by the strong US dollar. The United States announced unexpectedly strong April retail sales data, pushing up the US dollar. However, analysts pointed out that due to supply rumors, the current price of copper Already falling. BaseMetals.com said in its daily report that "at present, there seems to be about 50,000 tons of copper arriving in Shanghai last week, but earlier reported only 10,000 tons." Analysts pointed out that in the first two months of this year refined copper production The surplus may have limited the long-term trend of copper. Past For two years, copper has been in short supply. LME Aluminium: Under the pressure of bank selling, three-month aluminum fell by 18 US dollars to 1,737 US dollars per ton, which is the lowest level since mid-October last year. US$1,747 was helped by a partial rebound in copper and traders said that the fund appeared to have sold aluminum futures last week. COMEX Copper: Copper futures fell across the board on Thursday, with the index’s July copper falling below key support levels and hitting a three-month low; The strong US dollar prompted the fund to clear its position. Some traders said that after the US announced an unexpectedly strong retail sales report and promoted the US dollar to rise to its highest level during the year, those funds that made multiple copper contracts when the euro rose, decided to flatten these long positions. Indicators July copper settlement price fell 6.65 cents to $1.3760 per pound; intraday low fell to 1.3710, the first sight since February 11. Spot copper prices in May fell 2.70 cents per pound. USD 1.4555. The settlement price of the far month contract fell by 5.65-6.75 cents. The estimated trading volume was 27,000, which was more than three times the 8,115 yesterday.

Hook Twin Tie Plate

Technical Parameter of Hook twin tie plate

Material standard: TS-503, we normally use material as Q235

Main size:

H series: H23, H27,H31,H35

L series: L23,L27,L31,L23J,L27J,L31J

LR series:LR23,LR27,LR31

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Hook Twin Tie Plate

Packing

Packing 2


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Mian Type of Hook twin tie plate

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H Series Hook Twin Tie PlateGuard Rail Hook Twin Tie Plate


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