Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Steel City spot space is limited to shore is the best outcome

Monitoring shows that the domestic key cities Ф25mm three steel average price of 3705 yuan (t price, the same below), on the 8th or 4 yuan; average price of 3639 yuan domestic key cities Ф6.5mm high line, on the 8th, up 1; domestic key cities 5.5mm hot rolled coil average price of 3644 yuan, fell over on the 8th; 1.0mm cold plate of the domestic focus of the central city average price of 4624 yuan, down 12 yuan from the 8th; domestic key cities 20mmon the 8th, the board average price of 3606 yuan, down $ 6.
 
Opened on the 9th morning of the 1301 contract of the previous period of the main rebar 3,666 yuan / ton, followed by the price shock upstream throughout the day, all-day minimum 3,666 yuan / ton, up to 3,692 yuan / ton to close at 3,691 yuan / ton than the previous (8) settled up 15 yuan / ton, turnover of 767,376, positions 1,116,080 hand, by 22,364 hands.
 
Raw materials, Tangshan area 150 * 150 Carbon Billet 3240 yuan, the same as in the 8th; Tangshan region 65-66 grade acidic dry iron concentrate price of 1070 yuan, up 10 yuan more than in the 8th; Tangshan area, two metallurgical coke prices 1550 yuan, the same as in the 8th.
 
On the 9th day, is the basis of domestic economic data released July CPI in line with expectations, capital market performance. The stock market, steel, electronic disk are up, but not difficult to see the excitement of the market reaction is also slightly cautious, there are fears that domestic and international economic environment. The spot market is still relatively self, the stumble, the steadily before the sensitive nerve now seems to be rather slow. In the final analysis, or did not demand up, high yields out there, a last resort only. From the published data on the 9th, in addition to good information, some more deserving of "interesting" plate downstream purchase large automotive industry in July, "respondents" is not wonderful, when at the traditional off-season, although year-on-year to maintain a certain growth speed, but the chain still down 12.56 percent, while car business inventories also increased. 1-July real estate development and investment to maintain growth, compared with the previous June, down 1.2 percentage points, the real estate market is not people do not tangle. Even if the domestic policy side, a good capital market rebound possibility exists that the spot market space will be extremely limited, and can stabilize is the best outcome.



Other News:
Steel City spot space is limited to shore is the best outcome
Timken ? bearings re-visit the help of Mars "curious number" start life with adv
Steel City add positive energy rebound in steel prices have support
U.S. trade deficit reached a new low trade deficit with China, or into the campa
Standard & Poor's: regulatory reform, temporarily will not affect U.S. bank rati
IMF urges donor countries to the Greek debt relief
Steel City cut the insured difficult rebar loss is serious
Steel enterprises facing life and death exams bailout voice of re-arming