On the 2nd week ago, building materials prices, market turnover was significantly slowed down yesterday, sand steel and other leading steel mills down the ex-factory price, steel billets, iron ore and other raw material prices fall, businesses pessimistic market outlook, mentality sub. From today onwards, Shanghai and Fujian and Zhejiang and other southern coastal typhoons and storms weather is bound to affect the downstream demand for the release. Take into account the current steel supply and demand is still sharp south high temperature, northern rainstorm inhibit the construction site, coupled with the market to buy up or not to buy state of mind affect downstream users in general delays in the procurement, terminal procurement volume contraction is expected this week after a half -way domestic steel market will be vulnerable consolidation based.
August 2 flat index was 119.9 points, down 0.36 percent than the previous day, down a slight increase. Among them, the plate and hot rolled coil index fell 0.29 percent and 0.53 percent respectively. Today the national plate market is still down, but the decline is slightly narrowed, Shanghai, Beijing and other places prices are still down, northeast, northwest region generally stabilized stabilized. Market feedback, the Shanghai market prices, shipping is still difficult, merchants stocking are not enthusiastic about the shortage of non-mainstream specifications show more common. Shaoguan Steel, Liuzhou Iron and Steel and other steel sharp decline in the ex-factory price, Yue reduce New resource costs from the market, but the pre-decline is too large, the market price is still upside down, since July Music from the market fell 400-500 yuan / ton, but without increasing the demand for price cuts, the business outlook is more pessimistic. Pre continuing sharp decline, domestic plate prices in the two-year low, down space is more limited, is expected to still vulnerable in the short term correction based. On the 2nd, the Beijing market 20mm medium plate price yesterday fell 50 yuan / ton.
Few days ago, building materials prices failed to drive the upward price of hot rolled coil prices of construction materials today to turn down the case of the areas of domestic hot rolled coil prices increased, the main market prices generally fell, intraday Shanghai, music from the prices fell slightly. Sha Steel prices are down, plus catch-up by a big margin business resource prices in July to capital preservation or profit, but also indicates that the market outlook bearish, an increasing market pessimism. Off-season in the traditional consumer of snails continued for another sharp decline, the terminal wait and see mood concentrated purchasing less. Coupled with Jiangsu, Zhejiang and Fujian Province in the next few days will be affected by the typhoon is expected to hot rolled coil market pressures in the short term is difficult to be eased. On the 2nd Shanghai, Fuzhou, Nanchang the market Q235B3.0mm hot rolled price than the previous day fell to 40-50 yuan / ton.
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