According to the latest monitoring data shows, in just the past week (5.28-6.1), domestic steel price appear this fall of stabilising since first bounce.
 
The price of steel area last week points change as follows: Shanghai regional steel prices sideways arrangement, cut the price of a single week 10 yuan/ton, till June 1 daily in 4030 yuan/ton; Beijing area steel prices tempted going higher, till June 1 daily in 4220 yuan/ton, in a single week raised the price of 40 yuan/ton; In the area of guangzhou steel prices stabilize, till June 1 daily in 4100 yuan/ton, in a single week prices go up drop flat.
 
According to steel spot trading platform data show that by the end of June 1,, the domestic main market of quality level 2 rebar 25 mm average price is in 4149 yuan/ton, a drop of three yuan/ton last Friday; 6.5 mm contour average price is in 4224 yuan/ton, a rose on Friday 1 yuan/ton. The data shows, the domestic steel price for 6 weeks after the fall, this week, finally appeared this fall of stabilising since first, hebei area there was even a stranger to the lower of the rebound phenomenon.
 
According to data shows, this week on Shanghai purchase quantity rebounded 46.41% month-on-month terminal, this is terminal quantity for 6 weeks since the fall of the first strong to bounce back. Investigate its reason, various varieties under low price, good policy appear promptly, stimulate period steel and low popularity rebound drive spot, boosted transactions active degrees appear must pick up. But overall, at present the copy demand and store up goods demand has not enthusiastically, explain the bottom price has not been effectively identify, concussion is hard to avoid the late again and again.
Last week the domestic construction steel market influence factors, mainly in the following aspects:
 
One is the leading steel plant different adjustment. This week the steel factories building of price changes direction is differ, part of the steel prices continue to higher prices for fall, into the second half weeks as market prices rebounded, raised the price of steel mill increased significantly. Be worth what carry is, May 17 hebei steel group meeting in Beijing with the large family insured, after the meeting Beijing market price stabilising gradually in the country and take the lead in rebounded and overall made positive results.
 
Second is the billet low price rebound. According to the monitoring data show that by the end of May 31, tang shan area primorac carbon billet price for 3540 yuan/ton, weeks up 50 yuan/ton projects; Jiangsu area scrap steel prices for 3100 yuan/ton, weeks off 20 yuan/ton projects; Shanxi area for coke price 1700 yuan/ton, weeks annulus comparing fell 10 yuan/ton; Tang shan area taste dry iron ore prices and 66% for 1080 yuan/ton, weeks annulus comparing flat. At the same time, 63.5% WaiPan powder grinding grade India offer for us $137 / mt, weeks annulus comparing flat.
 
Third is the building materials inventory reduction for 15 weeks storehouse. According to the monitoring data shows that this major domestic cities construction steel total inventory for 8.7974 million tons, a decrease of 114600 tons last weekend, decrease a storehouse the rate of 1.28%. From see down cycle, and the domestic steel continuous 15 weeks of stock down cycle continues for a long time, is second only to 2008 years of decline cycle. And points area look, all over recent inventory changes began to appear differences, east China area market change range is not too much, and other areas each other now. Including shenyang, guangzhou and wuhan market inventory in the disproportion in the former, while central and southwestern market, it appears the certain ing.
 
Analysts introduces, at present in the following aspects factors will affect future market trends, worth attention:
 
One, the stimulus accelerating come. Although 2.0 version of the four trillion investment has not been proved that, but at present macroeconomic policy has certainly in targeted fine-tuning, such as development and reform commission for examination and approval of investment projects together but speed to speed up, the domestic individual large Banks in just a week of new loans amounted to forty billion yuan, seven big strategic emerging industry planning is approved, a new car and old change new countryside is about to start. And a new round of stimulus policies in, no doubt, to market confidence and demand has obvious with rallied.
 
Secondly, steel PMI index to return to shrink interval. Data show that the union in May, the steel industry PMI index for 48.8%, more than a drop of 6.9% last month, has returned to shrink interval. From breakdown index to see, the production index is still in high, new orders index fell significantly, finished goods stock index surged, show the current downturn overall still endorsement. In may and China manufacturing purchase manager index (PMI) for 50.4%, more than a drop of 2.9% last month, also have verified the economic growth fall and the overall market downturn this view.
 
Thirdly, steel mill profits plunged. The steel association statistics, April the key national large and medium-sized steel enterprise profit total is 1.79 billion yuan only, annulus comparing March 2.084 billion yuan to further reduce, is down 96.65% year-on-year. The figures show,
 
April, large and medium-sized enterprises to realize products on steel sales income is 316.66 billion yuan, 0.8% year-on-year drop; Losses of $1.96 billion enterprise loss, an increase of 31.98 million. Yuan. QiYeShu losses to 17 home, up also increases the 7 home. As you can see, the price dropped sharply as steel, steel pressure loss increase again, would be difficult to avoid reduction of, or later, this also is later period steel price hit bottom the bounce of the important condition.




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