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Steel prices rebound Steel City shrinking turnover

According to analysis, the plate market, prices overall rose by a down turn, plate of t price weekly gain of 0.15 percent. Persons within the market reflect the current biggest problem is that the terminal needs no improvement, business attitude is very inconsistent, and some continue to offer up, some slightly lower prices. Whether the terminal procurement, or the middle part of the dealers, a considerable part still feel safer to choose to wait, the market turnover also tends to light. According to the agency's monitoring, Beijing, Tianjin and plate production weekly chain enterprises has increased, the operating rate is also rising. Hot rolled coil market quotations are generally rise, but a high price, shipping immediately blocked, "the market base is not strong enough" issue once again showing.

Steel prices rebound Steel City shrinking turnover

In the construction steel market, the price is also shock upstream. Recently, billets, iron ore and other raw materials prices have bounced steel trend, which boost the role of the construction steel is relatively straightforward. But difficult to maintain market confidence, easily shaken, turnover also fell. There is a business that has entered the hot and rainy season, outdoor site start will be affected, construction steel demand is difficult apparent volume estimated short-term fluctuations in the main or in the disadvantaged.

Relevant institutions analysts believe that the current manufacturing pressure exceeded expectations, and its demand for steel is bound to be affected. Pressure to remove the macro side, the Steel Association forecast in early June, the country's crude steel output reached 2,156,300 tons, an increase of 0.1% in mid-chain, which also increases the market supply pressure on the latter concerns the steel city. As long as the macro side and Steel City fundamentals have not improved significantly, steel prices can be maintained within a narrow range, "has been regarded as lucky."

Tags:A131 F32 steel,A131 F40 steel, A131 F36 steel

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