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Steel price decline slowed down much hot rolled coil rebound

With the steel mills increased maintenance production information, domestic steel prices decline slowing in some markets, some varieties of steel and even rebound. The data show that 26 domestic steel trading price of 3903 yuan / ton, down 11 yuan / ton, down 0.28 percent. Specific varieties of steel fell across the board narrowed the rebar is still the largest decrease in hot rolled coil, a slight rebound.
Rebar market declines region is still more, apart from the East part of the market stabilized in most areas still maintain the downward trend, especially in the north and southwest China, by the heat and rain weather, demand remains sluggish, with many steel mills continue to cut prices , prices trend is still larger.
Hot rolled coil market sentiment has improved, prices of the region significantly reduced, mainly in the northwest of individual districts. Most of the market has stabilized, the part of the market and even rebound. Steel repair to an increase in production information, coupled with the pressure of hot rolled coil inventory itself is small, the market mentality of a turnaround, maintenance areas involved in hot-rolled production line price performance Firmer.
Monitoring shows that the average price fell on the 26th in 25 major markets rebar. HRB335 12MM rebar average price of 3880 yuan / ton, compared with the previous day's price fell 18 yuan / ton, the Hangzhou market rises 10 yuan / ton; Shijiazhuang, Guiyang market fell to 50 yuan / ton. HRB335 20MM rebar average price of 3707 yuan / ton, compared with the previous day's price was down 19 yuan / ton, the Hangzhou market rises 10 yuan / ton; Shijiazhuang, Guiyang market fell to 50 yuan / ton. HRB400 20MM rebar average price of 3827 yuan / ton, compared with the previous day's price fell 26 yuan / ton, Shijiazhuang market fell to 90 yuan / ton.
24 major markets nationwide average price of the Q235B 3.0mm hot rolled in on the 26th of 3894 yuan / ton, compared with the previous trading day prices fell by 1 yuan / ton, Xi'an and Taiyuan, the market fell 30 yuan / ton; Beijing market was up 40 yuan / ton . Q235B 4.75mm the the average price of of the hot rolled for the 3778 yuan / tons of, representing an the the price of the previous trading day rose two yuan / ton, of which Lanzhou the market fell 70 yuan / ton; and the Taiyuan market rose 70 yuan / ton, the Shanghai and the Beijing market of rose 40 yuan / ton. (



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