Rod - 304 stainless steel belt Steel mills have issued more than domestic pricing policy afternoon go up drop

According to statistics, 8, 44 domestic steel mills announced pricing policies; In November 9, wisco first price policy, to cold rolling, hot rolled steel, etc - the mainstream of product ex-factory price increase 100 yuan 150 yuan/ton; Then, 10, 33 steel mills adjusted ex-factory price in November, including baosteel cold-rolled enamel steel increase 100 yuan/ton. 3 as of 10, the Shanghai market. 0 mm hot-rolled coil prices rose 470 yuan/ton, within one month now closed at 3830 yuan/ton, in early August. Jinan Cao Long 10, cinda trade company general manager in an interview with the herald reporter said, now the price of steel is at least one day a change, even a day two. Cao Long in query after the section steel mill offer tell reporter, shandong steel mills quotation adjustment are basically 9. For example, rizhao steel rebar, set screw, such as elevated price increase 50 yuan/ton; West king special steel rebar price increase 50 yuan/ton; Jinan rebar raised 30 yuan/ton; Yong feng in lai steel rebar, plate screw, line raised 30 yuan. Stone cross special steel plate screw raised 30 yuan/ton, rebar, round steel raised 40 yuan/ton. 'Is a bellwether for hong kong-listed significance of tang shan price of Q235 steel billet, * in recent days also rises continuously, has gained during nearly 200 yuan/ton. 'Cao Long said. According to his introduction, the spot market in after a few days ago a quick pull up, in the case of clinch a deal the weaker, individual varieties prices dropped slightly, the market trend continues to fall. Monitoring data show that 10, the national 25 major market steel prices generally rose - 12 yuan 23 yuan/ton, but up from the previous day continue to shrink. Steel trade, feel hesitate to stock up on producer prices for steel mills start charging at the same time, traders to the market outlook is still cautious attitude. 'Steel prices upside is limited, may maintain the rise in the short term, but the big trend, and did not change, the big pattern of excess production capacity of steel prices may be late no substantial recovery because of demand and supply pressure is increased, and presents the first Yang after suppression. 'Cao Long said. Hold the same view with the jinan queshan lake Gao Huapei, head of the company. 'Although approached steel prices rebound, but we are not particularly optimistic about future. 'He said,' at present, the company still ship quickly replenish onr's stock in accordance with the order, does not have a lot of stock plan. Even with individual businessmen have stock plans, size is not big. The 'steel analyst told the herald reporters that the absence of obvious improvement in the market, steel trade are not a lot of stock. Now, the downstream demand is weak is the root cause of steel trade, feel hesitate to stock up. Look from the downstream industry, construction industry especially depressed, automobile, home appliance sales blocked cold-rolled varieties demand is difficult to improve, plate downstream machinery, shipbuilding and other industries are so bad, factors of support is not much, general is given priority to with weak stabilization. 'The recession will continue, no signs of improvement. At present the market struggling in the high inventory, low demand. 'Analysts said. 'The steel industry remains tough, when recovery depends on the degree of steel mills to production control and the downstream demand growth. 'Iron and steel research that due to the current market inventory pressure effectively resolve, not even after steel prices rose also belong to pull up. As the steel prices rebound, steel mills cut production power has slightly less than, late hong kong-listed in steel mills in the game of downstream demand and supply and to seek new balance, short-term domestic steel market is expected to a correction.