On June 11, the domestic steel market dominated by narrow fluctuations, demand no significant change in the situation. According to market monitor display, key cities in China average price $ 4,166 ф 25mm three threaded steel (tonnes, the same below), 10th rose $ 1 ; Domestic focus city ф 6.5mm high line average price for 4,073 Yuan, than 10th fell 6 Yuan; domestic focus city 5.5mm hot volume Board average price for 4,170 Yuan, than 10th fell 1 Yuan; domestic focus Center City 1.0mm cold Board of average price for 5,001 Yuan, than 10th fell 8 Yuan; domestic focus city 20mm in the Board average price 4,115 Yuan, than 10th fell 4 Yuan.
Period on the contract of screw-thread steel main 1210 11th to 4,125 dollars/ton opened in early trading, then price shocks modest downward trend throughout the day, full-day minimum 4,114 Yuan/ton, up to 4,142 Yuan/ton, closed at 4,123 Yuan/ton compared with the previous trading day (8th) settlement rose 11 dollars/ton, contract 741,206, 725,218 hand positions, minus 14,510.
Raw materials, $ 3,590 in Tangshan area 150*150 carbon billet, than the 10th dropped $ 10; 65-66 grade acid dry iron concentrate powder in Tangshan area price 1080 Yuan, and the 10th fair; secondary metallurgical coke price $ 1830 in Tangshan area, and flat to the 10th.
External disk to good effect, domestic stock markets Monday, steel, electronic disks are up close, is booming it seems did not drive the stock market upturn, Helix, hot rolled, cold rolled, plate, the four varieties without exception fell mainly to vulnerable, transactions are more general. Since the weekend, the economic data out of the May CPI rose two-year low, imports and exports value refreshes the records in
November of last year. Regardless of the good, bad, anyway have a brain. However, seems to be used in the near future, "you sing my debut" situation, mentality and some numbness on the spot market, up and down is not so obvious, you sing for you, I have mine. Market needs to break with this range of power, it is clear that there will be no change in the near future. Currently the policy is out of, short-term heavy policy less likely. Markets are waiting for an opportunity, a good practical and led the transition to spot opportunities for substantive requirements. Now after the baptism after early rises and falls, markets are in a narrow fluctuation band, price no longer appears obvious adjustments.
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