In addition, 21 Date snails to new lows, but also the confidence of the market worse. The date of the main 1301 Tiaokongdikai 3597 yuan, the lowest intraday dropping slightly to 3,578 yuan, and then refresh low. Stabilization and subsequent rebound, sideways line in 3590, to close at 3,594 yuan, down 0.50%.
Recalling yesterday, the Shanghai market, the overall volume decline, the merchant market outlook bearish mentality enriched, so that the market price back down again, individual decline to 30 yuan / ton. East China major steel production enthusiasm still unabated, crude steel production is still high, more resources are still late to Shanghai, the local weak end demand will continue to be suppressed. Today morning, the Shanghai market trends is mainly weak stability, but investors do not rule may continue to fall.
Beijing Building Materials market continued to fall today, generally in the range of 10-20 yuan / ton. Since yesterday afternoon, the billet down 50 yuan / ton, once again dealt a blow to the confidence of traders, each have cut prices only for the amount of walking. The market pessimism increasingly serious traders take a wait-and-see attitude is gradually increased.
Belong to North China's Tianjin market today performance was slightly better than the Beijing market, the day most businesses to maintain price levels yesterday in Tianjin, "small part" due to the high price yesterday, the offer to move closer to the low-cost. But the disk snails price today appear the more obvious decline, because some time ago plate, screw too few resources, and three large threaded spreads widened the gap hundred dollars or more, but plate, screw resources continue to arrive today, the value of the natural regression .
Began yesterday the Guangzhou market comprehensive fell, with the other to dominate the market of construction materials to further lower. Mainly in the second and third tier resources, SISG resources smaller decline, other northern wire basic weak stability. The overall turnover of more general, after all, the price again in the downlink channel, the market is more than wait.
At present, the greater the probability of building materials continued weak spot market run in late August market may have spent in the consolidation. However, due to market improvement factor does not appear in August, we only hope that the off-season to give how much boost demand.
Other News:
Steel trade and industry in the first half of the year-over-year profit drop 40%
The multi factors Steel City building steel prices dropped again
The cost of supporting a weakened steel prices will downlink
Italy ＂near the end of the crisis＂
The fundamental strategy of ＂pressure the amount of stable prices＂ is the steel
Lack of positive support difficult recent price trend of building materials
China's steel production cuts Australian mining enterprises set off alarm bells
Ryan Medical changed words against Obama health reform
