According to market monitoring, as of August 3, the nation's major market 25mm two Rebar average price of 3664 yuan, up 9 yuan more than last week; 25mm three steel average price of 3767 yuan, down 3 yuan; 6.5mm line the average price of 3686 yuan, up 29 yuan; 5.5mm hot-rolled coil average price of 3674 yuan, down 30 yuan; 1.0mm cold-rolled plate volume average price of 4651 yuan, down 31 yuan; 20mm plate average price of 3655 yuan or 54 yuan; 5 # angle average price of 3909 yuan, down 50 yuan; 16 # channel the average price of 3949 yuan, down 48.5 yuan / ton; 25 # I-beam average price of 3917 yuan, down 67 yuan.
Domestic steel prices last week ushered in a wave of short-term rally, the beginning of the week building materials in the stimulation of the better of steel and steel came to cut the message in one fell swoop rebound, plate type was up to follow the market situation improves; but by the influence of end-demand wait the weekend rally has been restrained, plate decline enlarge; Overall, the domestic steel prices "blip" rally ends, the market continued to enter the channel dropping bottoms.
Analysis, mainly by the environment of disadvantaged suppress; Thursday will focus on economic data released in July, the agency forecast that July, the country's economic situation as a whole showing signs of bottoming stabilized; steel market experienced up to nearly year decline in demand and the adverse effects of this year's "golden nine silver and 10" can be achieved reversal, relying on or improved economic environment; view from the central and local government investment and intensity, on the real economy support significantly enhanced, making the steel market to some extent, always maintain a good market outlook is expected to ensure that the steel prices are not out of control market slump.
Although the medium-and long-term demand for steel is expected to maintain a good view, but the capital side of the problem is still restricting the focus; in the short term, we believe that the real needs of being unable to achieve the rise of; mainly due to seasonal demand for off-season and brokers caution; end-of-demand procurement does not have the conditions for stabilization and recovery of pulling steel prices in the short term; raw material market last week, although the rebound, but still do not have continuity, the steel has fallen below the cost price, the cost of raw materials support temporarily at the lowest valley.
In the case of analyzing the demand side is difficult role of the upturn in the steel city, we look at the upper reaches of the steel supply situation; according to the China Steel Association data show that in mid-July, crude steel production of 1.993 million tons, steel mill steel production capacity After a month of slight decline, once again rebound until August 3, the five steel Social steel stocks was 15.5629 million tons, to continue a slight decline over the previous week, but the sheet stock increased significantly; in steel recovery of the factory production, the next to go the speed of the inventory is still relatively slow; the supply pressure of the steel market is still, in this case, we can hardly be optimistic optimistic about the latter part of the market supply and demand relations have undergone a major change.
Overall, the steel city still maintain the current situation of supply exceeding demand, steel prices are also difficult to move in the lack of demand and supply pressure is too large, two-way under attack, the mainstream is still vulnerable led; coupled with the external environment is always difficult to have good performance ; Under such circumstances, the proposed market is still operating with low inventory-based, shipping, still as the main choice, in August the market may stage a rebound in prices will increase, pay close attention to the short-term market is the most important.
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