Although the fundamentals from time to time "heater" blowing the domestic steel market also homeopathic "horizontal stabilizing and consolidating, but eventually people have the sense of" barely ". According to the latest market report, construction steel market "weak demand" of the Council die hard, and the volume is difficult to support a rebound in the market bottoms, "time space" and finally the non-fundamental policy.
According to monitoring, the Shanghai construction steel prices to continue in a sideways state. At present, the Shanghai quality product specifications of two rebar on behalf of t price of 3970 yuan; the purchase of the Shanghai Zhipin three rebar in about 4100 yuan per ton, are unchanged from the previous week. In fact, the fundamentals with the Steel City "heater blowing: cut interest rates to the channel open," steady growth "strengthened, stabilized steel raw materials, crude steel production down. However, steel prices vulnerable features to conceal the difficult upward momentum. Market analysis, steel production is not yet large-scale, the contradiction between supply and demand is still sharp. Is the next hot and rainy weather will increase market confidence will be further affected. The demand has never been a big bang, sideways waiting to see just a marketing strategy for space time.
In the case of the continuation of the market, "winter", the steel in the support prices and production has become "powerless." Introduction of domestic plate leading enterprises Baosteel's July price of striking, which is three consecutive months flat "or disk", the major plate varieties factory t price of an overall decrease in the 100-300 yuan, reflecting the plate order pressure has increased. Construction steel factory factory pricing can only be maintained within the scope of the slight fluctuations, some steel mills Sha Steel, Hebei Iron and Steel and other steel mills in mid-June, mid-priced ex-factory prices have steadily dropped and Guangzhou Iron and Steel, Shaoguan Steel a slight increase in the wire ex-factory price. Aggravating circumstances of the loss of some steel mills, steel production release finally show some "flexibility", in May the average daily production of domestic crude steel and steel chain has decreased by 2.2% and 2.5% respectively. Steel production and maintenance plan began to increase, the current weak domestic steel market will be the formation of a certain good.
The iron ore market can really be said to be "eager to see the wind is the rain, the steel city a vulnerable consolidation trends active mining city instantly brewing" rally ". Relevant market information of member observed that the domestic iron concentrate prices have edged up, t price increase of about 20 yuan. Part of the domestic mining began slightly to hoard goods, "for sale" mind activity. Part of the pre-lower prices of steel by the impact of the production needs rhythm, but also increase the iron powder of the purchase price. Overall, however, the procurement plan of the steel is still cautious, mainly low-inventory operations, iron powder prices rose further space is limited. Outside the ore prices also rose slightly to 63.5% grade iron ore fines in India offer at about $ 137 per ton, up $ 1 a week. The miner's point of view, the ore price this year most of the time in the down channel, the inventory of most steel mills compared with previous years is generally less than normal, there is always fill the needs of the library. As long as the steel mills complement the library's action, there is the possibility of imported ore market rose slightly.
Relevant institutions analysts believe that the domestic steel market has been two weeks at the ups and downs dilemma vulnerable consolidation state for the vitality of the market consumption. Steel City's procurement are more cautious, overall trading volume continued low, difficult to pick up shortly. Steel City barely formed between the relatively low inventories and weak demand for vulnerable balance expediency, "time for space", is forecast to continue.
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