Iron and steel industry weekly: Social Library ring ratio ros

 The demand side, according to the statistics of the National Bureau of statistics, in 1-5 months of 2018, the total amount of investment in real estate development increased by 10.20% year on year, and the ring was slightly down by 0.1 percentage points. The sales area of the pre index commodity house has accumulated 2.90%, 1.3 percentage points rebounded, and the cumulative area of commercial housing fell 15.20% year-on-year, and the purchase of land area Year-on-year increase of 2.10%, the new housing construction area increased by 10.80% year-on-year, the growth rate accelerated last month. According to the National Bureau of statistics, the average daily output of crude steel, pig iron and steel in May were 2 million 617 thousand and 100 tons, 2 million 157 thousand and 700 tons and 3 million 131 thousand and 300 tons respectively. Compared with April, the average daily output increased by 2.36%, 2.57% and 1.81%, respectively. According to the statistics of China Steel Association, the average daily output of steel enterprises in late May fell to 1 million 954 thousand and 700 tons and ten ten days. The decline was 47 thousand and 900 tons, and the decline was 2.39%. The Ministry of industry and information, the Ministry of ecology and the environment, the Ministry of Finance and the China Iron and Steel Industry Association (second) in the first ten days of June carried out a special spot check on the defuse of excess capacity to prevent the "ground bar steel" in Hebei province. Spot checks show that no "ground bar steel" has been recovered, and environmental protection and high pressure efforts have been maintained. Inventory end, according to Mysteel statistics, as of June 22, 2018, steel social inventory was 10 million 110 thousand and 600 tons, up 1.11%, and social inventory continued to change. On the whole, the high pressure of environmental protection continues, social stocks are still low, and downstream demand is relatively stable. Short-term steel prices are expected to be stable.