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Northeast market inventory on June 29

Northeast dominate the market today offer vulnerable of all varieties loose. At press: building materials, North Taiwan, Shenyang wire 6.5mm high specification line quoted in the mainstream 4000 yuan / ton. Through steel 12mm specification two rebar mainstream quotation 4050 yuan / ton, New Fushun Special Steel 16-25mm specification two thread quoted market price 3980 yuan / ton,16-25mm specifications three thread quoted market price of 4120 yuan / ton. Plate the market of Shenyang, Tianjin Steel 8mm specifications General Market Price 4320 yuan / ton; days of steel 16-20mm specifications of low alloy medium plate market price of 4260 yuan / ton. Hot-rolled side, Shenyang market Tonghua Iron and Steel 3.0 * 1500 * C specification resources quoted in the mainstream 4140 yuan / ton, through steel 4.75mm specifications hot rolled coil price of 4080 yuan / ton.

Feedback from the market affected by the callback of the leading cities in resource prices continue to loose the Northeast market varieties offer, including building materials down significantly. Downstream support missing, businesses with steel orders is still not ideal, the market turnover conditions remain deviation. Inventory, leading steel mills to adjust due to the recent appearance of the price of some businesses to accept the goods will enhance market inventory according to the early increase in Mentality, there are still traders expect the latter part of the market does not hold too much more than to follow the market-based. Board mainstream in the next week, prices or stable, will remain vulnerable and is expected to recommend businesses exercise caution in the current market demand does not support the case.


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