Black futures rose again today, with the 05 main contract thread up 1.52%, hot coil up 0.72%, iron ore up 3.2%, and coke down 0.13%.
Today, the spot price of steel is mostly raised. Among them, the billet price in Tangshan increased by 20 yuan, and the mainstream ex-factory price was 4,690 yuan/ton; the mainstream price of section steel was stable; The market prices of hot coils in Shanghai and Lecong areas increased by 40-50 yuan/ton compared with yesterday; the market prices of building materials in Shanghai and Hangzhou areas increased by 20-40 yuan/ton.
Liantie has risen sharply, traders are optimistic about the demand for steel companies to replenish warehouses in the later period, and spot transactions at ports are active, and the transaction price has increased by about 40 yuan / ton compared with yesterday. The second round of lifting and lowering has basically come to fruition; the circulation resources of the scrap steel market are tight, and the steel companies are insufficient.
Today's black futures fluctuated higher, market demand recovered slightly, steel companies strictly limited production, steel production continued to decline, inventory rose slowly, apparent consumption rebounded, and the supply and demand sides were optimistic; while the terminal market has not yet fully started, the market The volume of transactions is difficult to start, and the momentum of the market's "empty rise" has weakened. It is expected that the spot price of steel will be adjusted within a narrow range tomorrow.
