Raw materials

Domestic charge market weakness decline, poor turnover. Due to the Steel City "stop", the domestic iron ore, coke, steel scrap, billets and other market fell slightly in low volumes, and ferrosilicon market in the ferroalloy market operating rate is not high, but demand is due to the downstream market. as a whole showed a steady run trend. Expected late charge market will be vulnerable correction based. Society of steel stocks continues to decline, to expand. As of April 20, the total inventory of 17,062,700 tons, 13 inventory totals of 17.4499 million tons, down 387,200 tons, a slight increase in cold-rolled stock, the stocks of other varieties have declined, wire stock the largest decline. All species inventory weekly decline of 2.22%.

Iron ore port stocks, fell for the liter, as of April 20, 34 port iron ore port, according to statistics kept at 100.75 million tons, an increase of 1.15 million tons compared with 99.6 million tons in April 13.

LME nickel stocks continue to rebound sharply, April 20 stocks of 100,080 tons, a substantial increase over the last weekend of 98,388 tons to 1692 tons, an increase of 1.72%.

Iron ore sea freight prices fell, but the shipping index rebound. As of April 20, the BDI index again rose 107 points to 1067 points, Beilun / Baoshan iron ore freight $ 21.15 / ton lower than last week's 21.34 0.29 yuan / ton, down 1.33%; Western Australia - Beilun / Baoshan iron ore average charges were $ 7.77 / ton, down $ 0.21 / ton than last week's $ 7.98 / ton, down 2.58 percent.