The Inventory Of Steel Mills Increased Significantly, The Period Steel Plunged, And The Steel Price Generally Fell

On November 4, the domestic steel market was weak and downward, and the ex factory price of Tangshan ordinary square billet was stable at 4900 yuan / ton. Recently, the national Standing Committee asked to promote the solution of the problems such as rising commodity prices and rising costs. Shanxi, Shaanxi and Inner Mongolia severely cracked down on the use of illegal coal storage sites, indicating that the policy control measures are not loose. Today, the market sentiment weakened again, the steel futures fell sharply, the trading volume of the steel market was depressed, and the weak steel price was difficult to change.