Domestic trend down endorsement yesterday has eased, Shanghai, hangzhou, jinan and other east of individual markets building materials, heat coil price appear 20 yuan/ton 10-small rise rebound.
 
Demand side: terminal demand continue to slow, and market clinch a deal did not get better, although individual market prices appear to a modest recovery, but not the closing ceremony lead to actual clinch a deal the increase, even inquiry call what did not see the change, the prices did not bring stability to support.
 
Cost face: the tangshan billet continuous drop after, now offer 3520 yuan/ton; Another river steel issued late may order price building materials, TangXuanCheng cut 130-170 yuan/ton, hangang cut 130 yuan/ton; Benxi steel June factory price cut 100-150 yuan/ton. Steel prices and raw material prices by influence continue to fall, which made the merchants mind not beautiful.
 
Futures face: 22, 4099 RB1210 opened contract main rebar, maximum 4112, minimum 4060, end dish closed at 4074 yuan/ton, a drop of 25 yuan/ton. Is mainly due to the increased operation, make period again shakeouts adjustment to steel.
 
To sum up, although be several days ago futures, electronic plate and the forward price rebound stabilising drive, so that some of the spot businesses get certain mentality to lift, but because the present terminal overall demand did not see release, the overall market clinch a deal also before they get better, and futures also again into shakeouts adjustment in the whole of no practical good stimulation, the impact of the endorsement is expected to rebound more difficult, mainstream after short-term stabilising after the operation, June still has cut space.
The steel market price trend forecast today
 
Plank, building materials market is expected to mainstream trends will gradually go steady operation.
23 Beijing market hebei steel contour offer will remain in mainstream 4080 yuan/tons, hebei iron level 2 threads in mainstream price 4100 yuan/ton, mainstream will be smooth.
 
23, hebei area of tianjin plate steel mill in 4020-4070 the mainstream offer yuan/ton, mainstream offer will remain stable; 5.5 hot coil mainstream offer 4130 yuan/ton, mainstream offer will remain stable.
23 zhengzhou plate will mainstream trends, 14-20 of anyang specifications of the mainstream offer 4300 yuan/ton or so;
23, hot plate, sheet such as chongqing mainstream trends will stabilise, 5.5 specifications of mainstream offer 4190 yuan/ton or so; 14 to 20 plate of the mainstream of the offer of 4370-4390 yuan/tons.




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