Domestic spot steel market fluctuations, steel prices fell slightly overall, but relatively low inventory size has a certain supporting role in the market. Imports of iron ore prices continue to decline, tons prices fell below 60 U.S. dollars phased support price.
According to the latest market report provided by the domestic steel information agency "my steel", in the last week, the domestic spot steel composite index closed at 151.55 points, down 0.34% in one week. From the specific trend, at the beginning of the week by the steel futures market shocks strong, spot steel prices quickly pull up, but the terminal purchase more wait-and-see attitude, the market turnover in the doldrums, business quotations loose day by day. In mid week, the futures market fell sharply, after the spot price callback, low turnover is acceptable. At the end of the week, the city has a strong pull up, spot steel market turnover again peatlands. At present, the stock level of the steel city is relatively low, and the latest factory price of the mainstream steel factory is steadily rising, which all plays a supporting role in the steel city mentality.
According to the analysis, in the construction steel market, the price fluctuation is weak. It is worth noting that the construction steel market inventory level, week ring ratio decreased significantly, the latter sales pressure is not too big. With the implementation of environmental Limited production measures, steel production will continue to decline, the market arrival is limited.
In the plate market, prices fell in general. Hot rolled coil prices fell slightly, Nanjing, Guangzhou, Wuhan and other places a ton of price fell 10 yuan to 110 yuan; and Shanghai, Ji'nan and other places ton price rose 40 yuan to 100 yuan. At present, the market resources are relatively less, and there is a certain support for the price. Although the high price transaction is weak, but the low price transaction warms up, indicating that the market demand is acceptable. The price of medium and heavy plate is slightly stronger than that in shock. Ji'nan, Guangzhou, Chongqing and other places ton price rose 10 yuan to 80 yuan; and Hangzhou, Hefei and other places a ton of price fell 10 yuan to 40 yuan a week. On the whole, the market prices have shown a slight pullback since the holidays have increased too much. The inventory level of the medium and heavy plate has not changed much, and the general situation of the shipment is generally.
The iron ore market is in decline. According to the latest report of "Xin Ben Shinkansen", the price of iron ore in Hebei area has dropped slightly in the domestic mining market. Recently, some areas have begun to implement heating season blast furnace limited production measures, the demand for iron ore has weakened. At the same time, the mining in some areas is also affected, the supply of iron ore resources is more intense, and the domestic ore market is in a weak balance between supply and demand in the short term. The price of imported ore fell below the price of 60 tons per ton again. As of 19, Platts's 62% grade iron ore index was 59.45 US dollars per ton, down 3.5 US dollars a week. At the same time, the supply pressure of imported iron ore is not diminished.
Relevant institutions analysts believe that the recent macroeconomic and industry data, some steel industry boom has increased, but the average daily output of crude steel overall slight decline, display the current domestic steel market fundamentals of supply and de