Chinese steel products net news: On 13th opens, each place building materials market quoted price steady openning.
Looked from the market that, yesterday the thread main force contract 1210 contracts closed 4100 Yuan/The ton, on a trading day falls 27 Yuan/The ton, the market confidence reveals the insufficiency slightly.The overall finalized a deal has relatively hastens weakly, from this also may see the upward pressure.Later period gradually enters the expense off season, the rainy season and the high temperature season, steel products output still Gao Ju not under, the market price is very difficult to have the good showing, even if appears the resilience also is extends with difficulty and continues.
Looked from the cost aspect that, yesterday the Tangshan Pu carbon side semifinished product producer price fell 10 to 3580 Yuan/Ton, but the personal status 63.5% India fine ore quoted price also maintains 136 US dollars/Ton.In addition, after Sha Gang, forever steel mills and so on steel, culmination has appeared mid-June price policy, yesterday the part small steel mill also in abundance carried on adjusts prices, but maintained the steady condition most.
The whole looked that, the market demand was still weak, the rise in price pressure high, fell also similarly receives limits, although had the reducing the interest rate advantage to be good, but the steel trade profession fund chain was as before tight, estimated building materials still by weak trend plate entire primarily, did not rule out the possibility which fell.
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