Last week (May 28-June 1,), the domestic construction steel plate movements of prices and there is an obvious differentiation. Last Friday a "development and reform commission, the water actually super investment boom come" news reports of domestic steel market was injected a big boost, rebar futures prices sharply for two day up, building steel spot price appeared near the rebound. And by investment pull influence relatively small plank market reaction flat, hot coil prices go up drop around each other now, and plate, cold rolled steel prices continue to maintain trend down. Near the weekend, last week the variety of bounce or stopped rising pace or has appeared back slightly, and expand the investment of the good news that play the role is still only stay in the psychological level, the short time the boom of the past is, from the demand better still has a substantial distance. This week is expected to domestic construction steel, steel billets, and profile variety price may appear rushed back high, plank market continue to vulnerable.
Building steel: last week the domestic construction steel market prices rising prices there have long time no see. Last week the beijing-tianjin region construction steel market appear a recovery of the trend of the whole building steel driven higher. Last Friday a "development and reform commission water actually super investment boom come" news reports to the national building last week the steel market price poured a big boost. As is known to all, if the country is major infrastructure projects increase investment, will benefit most is undoubtedly building steel varieties. The news out, the first reaction is steel the futures market. The Shanghai futures exchange rebar 1210 contract price in the lower on Monday, Tuesday continuous high, two days or 63 yuan respectively (tons price, similarly hereinafter) and 48 yuan, highest rushed to 4119 yuan, the price rise than finished Friday, 82 yuan more than of May 23, 3996 yuan low rise in the year 123 yuan. At present the
Greek question hung in the air, the Spanish banking and facing huge pressure, the United States employment, housing sales data greatly lower than market expectations, lead to international capital markets continue to fall last week. New York oil futures prices plunged more than $5 / barrel, fall to about $86; London copper futures price accumulative total fell more than $200, up $7435 level. Europe, Asia Pacific main countries and all the stock market has noticeably down. But in our country may come on stage more large-scale economic stimulus plan, under the premise of the domestic stock market relatively strong, the Shanghai composite index closed on Friday to 2373 points, up more than 40 points on Friday, or 1.71%.
Steel futures, electronic set prices stimulated early in the middle of the state wait-and-see traders, and end user began to purchase, and then drive around construction steel spot prices higher. In addition, the northern area leading steel hebei iron and steel group in May on building steel settlement price, contour 4080 yuan, level 2 18 to 25 mm ordinary steel rebar 4100 yuan, level 3 18 to 25 mm seismic rebar 4150 yuan, level 3 disk screw 4150 yuan. In steel mill settlement price clear, the beijing-tianjin region traders began to pull up the price, also to market formed bigger stimulation, building all over the price of steel appeared different range of rising prices. Near the weekend, the good news is the stimulating effect of the retreat, whether the market clinch a deal or market all over price has cooled, is expected to all over the price of steel building this week could be back at high prices.
According to the market monitoring show that by the end of June 1,, domestic 10 big key city Φ 25 mm level 2 rebar average price for 4075 yuan, more than the same period last week rose $24, than the same period last month fell to 162 yuan; Early fall deeper than the same period last week xian market rises 90 yuan, Beijing, hangzhou, zhengzhou market prices rose 30-40 yuan, tianjin, shenyang price 20 yuan, Shanghai, chengdu, guangzhou, wuhan prices haven't changed much. 10 big key city domestic Φ 25 mm level 3 rebar average price for 4174 yuan, more than the same period last week rose $31, than the same period last month fell to 156 yuan; Market prices rose last week xian 90 yuan, Beijing, tianjin, hangzhou, zhengzhou prices rose 30-40 yuan, other areas prices haven't changed much. 10 big key city domestic Φ 6.5 mm contour average price is 4094 yuan, more than the same period last week rose $24, than the same period last month fell to 182 yuan; Guangzhou price surged to $100 last week, Beijing, tianjin, hangzhou market prices rose 40-50 yuan, Shanghai, xian price 20-30 yuan, other cities prices haven't changed much.
All over the price of steel in building bounce, downstream user purchase enthusiasm slightly ascension, all over last week building steel stocks continue to fall, only a handful of city inventory increases slightly. According to the latest statistics show that by the end of June 1,, the national 29 key city building steel social inventories at 8.531 million tons, 295900 tons in the same period than last week dropped by 3.35%, more than the same period last month down 10.63%, and still 18.12% higher than the same period last year. From the city to see, the northern city of Beijing 654300 tons of leading inventory, more than 32000 tons of down last week, fell 4.67%; Tianjin inventory 415000 tons, 09800 tons of drop than last week, fell 2.31%; Shenyang inventory 650000 tons, 60000 tons of decline than last week, fell 8.45%. The southern city, Shanghai, 539000 tons of leading inventory, and last week is flat; Hangzhou inventory 510000 tons, down 40000 tons, fell 7.27%; Guangzhou inventory 772000 tons, 30000 tons of drop than last week, fell 3.74%. From the large area to see last week, north China, northeast China, east China, central China inventory decline in 3-4% are between, southwest and northwest inventory little change. Inventory continues all steel digest, but at present steel production is still maintain high levels, stock remains at high levels, each district inventory pressure still bigger.
Board: last week the domestic market prices continue to maintain plank disadvantaged operation, development and reform commission to speed up the project examination and approval speed, and may even issued a massive stimulus to plank news limited impact, only a handful of city hot-rolled strip market prices have a modest recovery, cold rolled steel, plate variety price to continue down trend. By Friday, each big steel plate in June price policy all out together, following the anshan, benxi steel, masteel, shougang, hebei steel after large steel mills, shazhousteel June hot-rolled strip ex-works
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