info@tytgg.com.cn    +8618522522113
Cont

Have any Questions?

+8618522522113

Jun 07, 2021

National Market Inventory Of Various Varieties

Construction steel: The country's construction steel continued to show strong volatility this week. The main reason is that black futures rebounded sharply at the end of last week, market pessimism was eased, and prices rose. Entering the week, due to the impact of policy news, the futures disk fluctuated widely, driving the spot market price to fluctuate widely. However, the trend of black futures at the end of the week was relatively strong, and the market pessimism eased slightly. The whole week showed a trend of strong volatility. For next week: 1. From the perspective of supply: the long-term release on the supply side is still limited. The implementation and implementation pace of the Ministry of Industry and Information Technology and the National Development and Reform Commission's policy of reducing crude steel production are the biggest variables on the supply side this year. Judging from the current response of provinces to restrict production, strict inspections of production capacity are still in progress, and there is limited room for supply uplift. 2. In terms of demand: the demand performance this week was significantly affected by the disk, and the continuous performance was weak. In addition, entering June, due to the rise in temperature and increased rain in the south, the traditional off-season has arrived, and the market is expected to gradually weaken the terminal demand. 3. From the perspective of mentality: pallets fluctuate widely in this cycle, the market price fluctuates in a large range, and demand persists in general. At present, the cautious attitude of the merchants has not changed, and the confidence support is insufficient, and the operation of shipment and warehouse reduction will still be mainstream. On the whole, it is expected that the price of local construction steel products will fluctuate widely next week.

Send Inquiry