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The ex-factory price cut steel spot to return to the vulnerable

The nation's major steel mills in the 2nd 8 release price adjustment information, the number of price adjustment, steel mills from the previous day significantly reduced prices to fall, individual rose, magnitude 3 yuan / ton, down 100 yuan / ton to rise.
 
Which the above steel, seven steel mills adjusted for construction steel products, prices fell more than up less adjustment from down 60 yuan / ton to rise 3 yuan / ton range, the apparent contraction of the rate of increase from the previous day. The same time, the above steel a steel sheet product prices adjust, the price fell all fell in the range of 100 yuan / ton.
 
In terms of construction steel, the steel mills of the introduction of price adjustment is mainly concentrated in the East, South, North China, Northwest. Specific view, East, South Asia mainly steel construction steel prices all down, down in the 20-60 yuan / ton; North China steel construction steel prices go up and down, rising in the range of 1-3 yuan / tons, fell in the range of 30 yuan / ton. Among them, Anyang City, China and South Africa steel down its line of ex-factory price of 60 yuan / ton.
 
Building materials in the main varieties, the high Φ6.5mmQ235 lines and HRB335Φ20mm rebar prices are up and down, HRB400Φ20mm rebar and HRB400 plate, screw Φ8-10 prices to fall. Among them, the high Φ6.5mmQ235 line prices adjustment -60 - +1 yuan / ton; HRB335Φ20mm rebar prices adjustment in the -50 - +3 yuan / ton; HRB400Φ20mm rebar prices have dropped 50 yuan / ton ; HRB400 plate, screw Φ8-10 prices have dropped 30 to 40 yuan / ton
 
Plate side, yesterday only a steel sheet product prices to adjust, the price all fell. Among them, eight steel Northwest lowered its S & P board and the S & P Coil prices of 100 yuan / ton.
 
Again weaker in the case of steel mainstream varieties of ex-factory price cut again, the spot market mentality, coupled with the market demand is still sluggish, the market supply and demand still no signs of easing, the merchant will ship enhancement, spot market prices to return to the disadvantaged.
 
Building materials yesterday, a lower opening of Lo continues to plumb the market pessimistic atmosphere increases, the mainstream market prices have been lowered. The data show that 25 major market HRB40020MM rebar average price over the previous day on the 2nd down 21 yuan / ton; average price of the 24 major markets on the 2nd 6.5mm high speed wire compared with the previous day, down 18 yuan / ton; which , Shanghai, Beijing, Guangzhou market lower, across the board, rebar market decline of 70 yuan / ton.
 
While the plate, steel sheet ex-factory price continued to drift lower, combined with market purchases are not enthusiastic, plate spot market continued to fall. The data show that the 20mm plate average price of the 23 major markets over the previous day on the 2nd or 5 yuan / ton, down narrowed; on the 2nd of 24 major markets 4.75 hot rolled coil average price of the previous day down 16 yuan / ton, down a slight increase. Beijing market held steady, Shanghai, Guangzhou continued to fall.
 
To sum up, despite the recent overhaul of the message of steel production constantly increased, but in the short term seems to have limited impact on the market yield. Meanwhile, the downstream market demand is still in the doldrums, the market supply and demand still more prominent, the expected short-term steel prices still will continue to fall mainly.



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