Domestic steel prices fell slightly below the stage of the im

Domestic spot steel shocks fluctuation, the steel price overall small drop, but the relative low inventory scale to the market has certain support function. The price of imported iron ore continues to fall, and ton price again falls below the $60 stage support price.

According to the latest market report provided by the domestic steel information organization, the domestic spot steel price composite index closed at 151.55 points in the last week, down 0.34% in a week. From the concrete trend point of view, the beginning of the week by the steel futures market shocks strength, spot steel prices quickly pull up, but the terminal procurement more holding wait-and-see attitude, market transactions in the last few days depressed, business offer daily loosening. Weeks, the futures market has tumbled, spot price callback, low transaction is passable. To the weekend, the city and strong pull up, spot steel market again some volume. At present, the Steel city inventory level is relatively low, and the mainstream steel plant's latest factory price stability in the rise, which has a certain support for the mentality of the steel market.

According to analysis, in the construction steel market, price shocks are weak. It is noteworthy that the construction of steel market inventory level, week-round decline is obvious, the late sales of business pressure is not too big. With the implementation of environmental protection measures, steel mills production will continue to decline, the market is limited.

In the plate market, the overall price fell. Hot-rolled coil prices fell slightly, Nanjing, Guangzhou, Wuhan and other places ton price fell 10 yuan to 110 yuan a week, and Shanghai, Jinan and other places ton price rose 40 yuan to 100 yuan a week. At present, the market resources are relatively few, there is a certain support for the price. Although the high price is weak, but the low price deal warmer, indicating that market demand is passable. The price of medium plate is slightly stronger in the concussion. Jinan, Guangzhou, Chongqing and other places ton price rose 10 yuan to 80 yuan a week, and Hangzhou, Hefei and other places ton price fell 10 yuan to 40 yuan a week. Overall, where the holiday after the rise of too many areas, market prices have appeared a small callback situation. The stock level of the plate is not much change in general, merchant shipments are generally.

The iron ore market is down the aisle. In the domestic mining market, the price of iron fine powder in Hebei province fell slightly. Recently, some areas of steel mills have begun to implement the heating season to reduce the supply of blast furnace, the demand for iron ore has weakened. At the same time, some areas of mine mining has also been affected, the iron fine powder resources supply is more tense, in the short term domestic ore market is in a state of weak balance between supply and demand. Import prices again fell below the $60 price of tons, as of 19th, 62% grade iron ore index of $59.45 per ton, a week down of $3.5. At the same time, the supply pressure on imported iron ore is not reduced.

According to the analysis of the relevant institutions, from the recent macro and industry data, some of the need for steel industry has increased, while the average daily output of crude steel has a small decline, indicating that the current domestic supply and demand basic noodles are still good. However, the market noted that the recent collapse in coke prices, iron ore price weakness, making the production cost of steel mills are generally shifted, once the steel price again, means steel mills on the basis of high profits will continue to expand the profit level, which will increase the rationality of steel mills to maintain production rhythm of difficulty.