Steel price today or will hasten is strong but not blindly chase
by:Hongmei
2020-07-08
2, domestic hong kong-listed continued volatility.
Construction steel market prices slightly touched, the plate market hot rolled coil and plate prices in the sideways, manufacture coils continued downward adjustment.
However, the performance of capital market.
The Shanghai composite index is back at 2000, the performance of the iron and steel stocks also relatively bright eye.
High speed wire rod and forward hot roll of electronic trading and electronic trading rebar futures prices are red, market sentiment to ascend and transmission to the spot market.
Construction steel parts now dish in secondary pull up momentum, and the upstream of the billet price strength to a certain extent, also make the price of lift to establish and continue in the short term.
Plank market in hot coil varieties stronger financial attribute strong electronic disk drive footwall, and will also promote the thick plate, cold rolled coil plate up slightly.
From the point of current market performance, strong momentum picked up, pull up area or increase today.
But not yet entered the uplink channel, it is recommended that the wait-and-see.
2, the domestic major cities, according to monitoring, 25 mm Ф tertiary rebar prices an average of 3367 yuan (
Tons of price, similarly hereinafter)
Yesterday, a rose 2 yuan;
Domestic major cities Ф 6.
5 mm line average price is 3400 yuan, from yesterday go 1 yuan;
5 key cities in China.
5 mm hot rolled coil plate average price is 3476 yuan, from 1 yuan yesterday;
Domestic main center city 1.
0 mm cold plate an average price of 4469 yuan, is 14 yuan yesterday;
Domestic major cities the average price is 3501 yuan, 20 mm plate yesterday go 1 yuan.
Raw material, 2, tangshan region 150 * 150 carbon billet of 3000 yuan, from yesterday up 30 yuan.
65 - tangshan area
66 grade acid dry base price of iron essence pink of 1010 yuan, with flat yesterday;
Tang shan area secondary metallurgical coke price 1280 yuan, the same as yesterday.
Chooses the main rebar contract 2, 1401 in early trading opened at 3549 yuan/ton, price shocks throughout the higher, the lowest 3538 yuan/ton, up to 3567 yuan/ton, closed at 3561 yuan/ton from the previous session (
1)
Settlement price rose 39 yuan/ton, 2353976, 1005474 hand positions, 62450.
Into the ease in July, the market makes the steel trade relatively easier.
And the stock market, market pushed up prices also make market malaise is picked up, pull up signs reflected and continuously, bottom mood also gather at this time, but not large area, otherwise pull up of steel prices will not only keep 10 -
The size of 20 yuan.
In addition, out of steel prices rise, downstream of the overall situation of clinch a deal, also did not have obvious improvement, the acceleration of manufacturing demand downturn will remain in the late steel prices against smoking.
There are various factors that affect the steel price movements, but any stage primary and secondary, recent had three main factors: one is that bottom emotional concentration may occur at any time pull up the market;
Second, high yield, low demand of steel price pressure situation inhibition of lift;
Another is the tough policy suggests that stimulus in the short term and make the hong kong-listed difficult has improved markedly.
In terms of policy or from the basic supply and demand, steel prices are hard to enter the real uplink channel, and after 2011 years of & other;
Ks & throughout;
And after the 2012 crash, hong kong-listed bottom movement grew more cautious, combined with high capacity and high pollution industry issues will also be greatly compressed severe market involvement.
So, today, the steel price or signs of strong trend, but did not turn around.