Vulnerable consolidation of the domestic raw material spot market in June 26. Among them, the smooth operation of the imported ore spot market, iron market, local continue to rise, weaker steel billet market was stable, coke market weakness maintenance of stability, a slight rebound in shipping market.
Specific view, today's imported iron ore market was stable and buoyant, slightly upstream of the external disk market, spot market prices largely steady in domestic ports. Festival first day, watching the market, the majority Inquiry subdued market replenishment power still exist, but the overall turnover compared to the previous will slow down.
Within the mine today, the domestic iron market as a whole running smoothly, the offer of some areas continue to rise slightly. Which, Hebei, the Liaodong local area iron offer to continue to pull up, Tangshan iron rose 20 yuan/ton. Iron market waiting to see the majority of the mine processing plant started willingness market hope up darker emotions.
Today the domestic steel market is generally steady, small part of market prices fell. "According to CEO Luo Baihui observation, the cumulative market turnover is relatively light during the holidays Tangshan billet prices down 10 yuan/ton. Affected, Tianjin, Henan, Shanxi, Muan market billet prices fell again today, fell in the range of 10-50 yuan/ton, the rest of the market held steady. Afternoon Tangshan billet temporary price stability.
Today, the domestic coke stock market weakness, stability maintenance, individual market prices fell, and the port temporary price stability. Which, Shenhua two metallurgical coke down 50 yuan/ton; the current steel market trend is still not optimistic, part of the steel mills once again lowered the purchase price of coke, which, Jincheng Fusheng Steel and the Linyi steel metallurgical coke procurement price cuts of 50-70 yuan/ton. The coke market transactions weaker, coke inventory of some coke prices continue to rise, individual areas early is not limiting the production of large-scale coke enterprises in mid-June to limit production to 20%.
Today's domestic scrap market and stabilize the individual market rose slightly. , The Dalian market is tight due to resource, offer to continue to rise slightly to 30 yuan/ton. The steel market is still subdued, the scrap market overall turnover in general. Other varieties of the raw materials such as steel-making pig iron market price is still holding stability, turnover is subdued.
As regards maritime transport, 22 shipping market rebounded slightly, of which Brazil to China, sea freight 17.348 up 0.044; Western Australia to 6.595 up 0.045. Slowed due to shipping activities BDI index Friday unchanged at 978 points, up 4 percent this week.
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