The 11th National Building Materials spot market continued to fall down the city yesterday increased the range of 10-40 yuan. This year the impact of hot weather, poor market demand, traders in order to ship low-cost resources endless. Of snails fell sharply yesterday, hit a low during the year, significant deterioration of market expectations.
On the 11th morning of screw bottom rebound. 1301 the main contract Tiaokongdikai 3929 yuan intraday continue down as low as 3906 yuan to new lows, low disadvantaged rebound, midday income of 2928 yuan, or 1.13%.
Shanghai market yesterday there are still 20-30 yuan / ton range fell Even so, traders said that the shipment is still in general, coupled with the forward market opened low, this way to promote mainstream mentality again weaker market so that the price will still the mainstream in order to shipping.
Beijing market today continued the downtrend, and yesterday, the general decline of business is significantly reduced, the decline has slowed. Steel mills, according to market sources, the guide price of Hebei Iron and Steel Group in mid-beginning of year, the market reacted little.
Tianjin construction steel price disadvantaged lower mainstream price yesterday fell to 10-30 yuan/ton. Up to now, the market two, three rebar price difference back to the 90-100 yuan/ton, the "normal" state, the small thread and thread the difference basically return to the steel factory price range. Nearly a week since the market price of plate, screw decline very significantly, far greater than the decline of the rebar.
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