The Steel Period Is Weak Now.

Today's steel market spot is weak, steel billet factory drop 20 yuan / ton, narrow belt drop 20 yuan / ton, medium broadband drop 10 yuan / ton, section steel part down 20 yuan / ton, building materials market mainstream stable, afternoon part of the decline The heat volume has dropped 10-20 yuan/ton, and the transaction has been weak. Only a few transactions have improved, and some continue to offer preferential shipments. In terms of raw materials, the external mines were lightly traded and the prices were firmer; the coke prices of some Jiaojia enterprises in Hebei and Shanxi increased by RMB 100/ton, and steel enterprises have not accepted them; scrap steel is mainly stable and the attitude is cautious. The strong trend of the raw material market is beneficial to the support of steel costs. The high output of steel enterprises also has high demand for the raw material market, supporting each other at the bottom of the price.
The recent news did not significantly stimulate the trend of the spot market. After the holiday, the market maintained a small fluctuation. The market price was relatively firm. There was no rush to sell at a low price. The mentality was consistent with the previous period, waiting for the further implementation of the production restriction policy. implement. Combined with the performance of the steel market in the afternoon, there is no good sign of the transaction, and the steel billet is lowered, and it is expected to remain weak tomorrow.