Trend analysis:
International shipping: Today the Baltic Dry bulk freight price index (BDI) fell by 26 points to 878 points. The Baltic Sea in the shipping Price Index (BCI) fell 3.54 % reported 1252 profits, which fell to $4526. In Baltic Panama BPNI shipping price index plunged by nearly 2.23 % clearing price 877 times per day, reducing profit $162 to $6976. A holiday in Greece as well as the shipping industry events this week that Charter very little activity, but with the Summer approaching, China imported iron ore and coking coal is usually a seasonal decline and increasing supply of vessels in view and import demand is limited, and it is expected that the sea-shipping prices throughout the summer months, the weak until 8/9, will be a seasonal upturn.
Imports: In today's market quote d iron ore imports. Steel Plant purchase still weak pre-trade, carbon copy the Passion subsided, the port deal once again caught in the doldrums, so prices will trade quite a strong, short-term cash to port there is a substantial decline. Jing Tang Hong Kong 63 970 printed toner turnover PB Tianjin, Qingdao, toner closing 970 63 960 printed toner turnover, north port close more transactions, eastern and southern China are only a few.
Domestic Market: In today's mining ore produced stability-based Market to decline, and in some areas. Business Sales Will deplore, market turnover did not improve. The North mine, prices generally strong roots, because the northern option factory pre-cut-off, more resource-intensive, and steel mills are not the cause, such as volume. Recently our small, northern mining, steel, it is expected that the plant stage after the end of fill, mine is the downside risks.
Stella: In today's market billet in the blank, and filing deadline, the local carbon 150 unprocessed 3580 yuan/ton, 165 rectangular unprocessed 3610 yuan/ton, 20 MnSi unprocessed 3700 yuan/ton with factory, temple, Parties with unprocessed cash tax to $3,600 /tonne, not including tax at $3420, and about 00 p.m. /tonne cumulative increase of 50 yuan/ton. With recent news that due to high-speed rail project impact cross-line, and
Tangshan Electricity Board, on 5 June to 25 June, the county and district BOSS-rotation begins.
As far as I know, most steel mills have heard this message, but had not yet received the formal notice power adjustment. This message, some dealers temporarily resources in the hands is not taken into account, and Tangshan plant cut-off service, accounted for 7 percent, resulting in a blank resource constraints, material prices rose even more than that, the blank, and then the boss is expected soon on billet prices are still floating space.
scrap steel market: In today's domestic steel scrap market overall stability, from the current market perspective, has been in a low level, weak market turnover. From steel mills perspective, because the current downstream steel products remained stock market shock, high procurement of raw materials, steel plants, it is expected that slowly once again scrap steel market weakness is an inevitable trend.
As mentioned above, the Tangshan billet raw materials markets increases, although there are better, but the terminal and no substantive requirements, and has been into summer, June, and steel market is entering the peak season, it is recommended that manufacturers steel treated with caution and do not easily follow up.
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