Last week the domestic steel market to decline slightly
 
The composite price index reached 144.8 points in 2012, 32 weeks (8.6-8.10) weeks, decreased 1.02 percent, down 25.45 percent over the same period last year. Which LGMI long products price index is 162 points, weeks, decreased 0.56 percent, down 27.35% over the same period last year; LGMI sheet price index was 124.2 points, weeks, decreased 1.73%, down 22.26 percent over the same period last year.
 
According to the monitoring section of 17 categories, 33 varieties of specifications, price data show: 2012 32 weeks (8.6-8.10) and the main varieties of steel market prices fell slightly, compared with last week, rose varieties has decreased slightly, unchanged from the number of reduced fell varieties of a substantial increase in. One of them rose less than last week, two kinds; flat, less than last week, six kinds; 31 varieties fell the previous week and an increase of eight kinds. The domestic steel market prices of raw materials were mixed and the iron ore market prices of 10 yuan, the scrap market price fell 30 yuan, the market price of coke fell 100 yuan, the billet market prices of 20 yuan.
 
Last week the National Society of steel stocks continue to decline
National Society of steel stocks continued to decline, including building materials stocks fell slightly faster rate of sheet stock rose slightly faster rate. According to the monitoring shows: August 10, the National Society of steel inventory was 15,485,100 tons, 172,200 tons lower than last week. From the sub-species: the national wire Social inventory of 1.351 million tons, down 4.52 percent the previous week; rebar social inventory of 6.132 million tons, down 2.26 percent the previous week; plate, screw the social stock of 419,200 tons. decline of 1.46 percent the previous week; hot-rolled coil and social inventory of 4,275,800 tons, an increase of 0.53 percent the previous week; Cold Rolled Steel Coils social inventory of 1,684,600 tons, an increase of 1.67 percent the previous week; plate of the social stock 1.6224 million tons, down 1.57 percent the previous week.
 
Last week the steel futures market rebounded slightly
2012 32 weeks (8.6-8.10) rebar futures market experienced a slight rebound last week, the weekly settlement price rebounded 49 After last week's crash last week, a rebound, but the main price rebound concentrated in Friday trading. Main contract last week of 1.108 million hand increased 62,040 hand positions to increase again.



Other News:
German parts maker to consider listing
Factors in the recent steel prices
China is expected to become the largest market in the SKF.
The social stock of steel for three weeks down the narrowing of the year on year
Iran earthquake caused 250 deaths and more than 2,000 people injured
Industry downturn, the high cost of the steel industry faces transformation pred
SKF South Africa to the local power station to supply the new shock system
Steel prices stabilized rebar short-term or within a narrow range