Domestic spot steel prices changed for two consecutive weeks of declining trend, instead of a steady rise in a narrow range, but the demand side of the transaction is not sufficient, the fluctuations in the iron ore market fluctuations in the shock consolidation.
According to the latest market report provided by "My Steel", a domestic steel information agency, in the recent week, the domestic spot steel price index closed at 149.34 points, up 0.52% over the week. The two consecutive weeks before the spot steel prices have dropped sharply, and now the overall stability of the slight rise in the situation, it is worth attention.
According to the analysis, in the construction steel market, prices continue to rise slightly. The mainstream of the country's major market specifications rebar average price of 4107 yuan per ton, a slight increase of 13 yuan a week. By the billet prices and other factors, the spot steel prices rose significantly. However, in the case of rapid price pull up, the market wait and see attitude again. Although the steel market and billet prices continued to surge stronger, but the spot steel market is shrinking. First, the impact of a wide range of rain and snow weather across the country, the second is near the Spring Festival, construction sites around the stop, the downstream demand side of the performance of inadequate.
In the plate market, prices generally go up. The price of hot-rolled coils steadily rose. The average price of hot-rolled products in mainstream specifications of main markets nationwide was 4138 yuan per ton, up 12 yuan in one week. Plate prices rose slightly, the mainstream market in the country's main plate average price of 4119 yuan per ton, up 27 yuan a week. Price increases, the business replenishment enthusiasm has been hindered. In addition, the weak demand side, but also makes merchants and more shipping. However, the stronger billet and billet, somewhat support the market mentality.
Overall iron ore market consolidation shock. According to the latest report, in the domestic ore market, Hebei iron concentrate prices rose slightly in January, the price of tons rose 10 yuan to 15 yuan. Recently, the limited output of steel mills has been eased, operating rate of blast furnace gradually increased, and steel mills' purchases of refined iron powder have also been relatively positive. Import ore price shock operation, the overall price of 75 dollars around the first-line fluctuations since January. Shipments from overseas mining companies remained high in January, and domestic iron ore stocks in ports continued to rise. Imported iron ore prices will continue to fluctuate in the tonnage of 70 US dollars to 75 US dollars.
Related institutions analysis shows that in February by the Spring Festival factors, the domestic steel market demand will gradually shrink terminal, steel mills will also arrange more maintenance, steel prices will be based on the smooth operation.
