Steel prices in July or exceeds one hundred yuan strong trend situation can still be period in August

July marks, hong kong-listed continued weakness. Construction steel, hot rolled coil plate, medium plate decline significantly narrowed, cold-rolled coil plate falling stabilisation, the last working day of this month, the market trading slightly thin. Positive price shipping businesses in the afternoon to continue operation will decrease, most has entered the working status of the plate storage each finishing. For entering the market in August, positive factors are emerging, cost up, positive policies are both the continuation of the discontinuity and the market resources make hong kong-listed below support is relatively strong, drained a pressure is not the end of the remaining cases, steel prices in the strong trend situation or can still be late period. 31, according to monitoring, the domestic major cities Ф 25 mm tertiary rebar prices an average of 3504 yuan, Tons of price, similarly hereinafter) , yesterday fell 9 yuan. Domestic major cities Ф 6. 5 mm line average price is 3476 yuan, is 8 yuan yesterday; 5 key cities in China. 5 mm hot rolled coil plate average price is 3593 yuan, from yesterday fell 7 yuan. Domestic main center city 1. 0 mm cold plate an average price of 4502 yuan, with flat yesterday; Domestic major cities 20 mm average price is 3612 yuan, the plate is five yuan yesterday. Raw materials, 31, tangshan region 150 * 150 carbon billet of 3080 yuan, is 10 yuan yesterday; 65 - tangshan area 66 grade acid dry base price of iron essence pink of 1035 yuan, with flat yesterday; Tang shan area secondary metallurgical coke price 1270 yuan, the same as yesterday. Main rebar 1401 contracts by 31 of the previous period in early trading opened at 3613 yuan/ton, price low after shocks upward step by step, the lowest 3613 yuan/ton, up to 3663 yuan/ton, closed at 3644 yuan/ton than in the previous session, 30) Settlement price rose 5 yuan/ton, 1869274, 1356836 hand positions, 1032. , deputy secretary-general of the macro aspect, cisa said in the information conference held today, cisa has to communicate with the China banking regulatory commission, confirmed the bank won't steel group loans, is still keep and maintain pressure, policy, all the credit does not exist. In addition, the Political Bureau of the CPC Central Committee has set the tone in the second half of the work, emphasis on promoting the real estate market stable healthy development, it also prompted the property stocks in today's sharp spike, joint steel strands of the collective lift, thus boost rebar futures pulled low. At the same time, the development and reform commission (NDRC) said it will release the urbanization development planning, and to a certain extent, and so did the market sentiment. However, in the first half of the steel mills profit decline from month to month, main business is still a loss. And tomorrow is also the important news, the fed's policy-setting meeting, investors expect monetary policy statement, and the European central bank and the bank's policy meeting and tomorrow our domestic manufacturing PMI data does not rule out the capital market and spot market again. From hong kong-listed performance view, the trend has reversed the Spring Festival in July after falling downturn situation, screw steel steel in July average increase in more than one hundred yuan, including guangzhou area exceeds 200 yuan, area of Beijing, tianjin, Shanghai gains in 150 yuan; Hot rolled coil plate in July average price gains in 100 yuan, first-tier cities rise in more than one hundred yuan; Medium thickness plate without July average price gains in 104 yuan, including guangzhou rose up to 170 yuan, many cities rose by nearly hundred yuan. In comparison, cold rolled plate and the rise of the slightly smaller. Steel mill equipment production, resource quantity is less, shortage of parts specifications, pull to boost capital market as well as the bottom emotional factors such as piling, is the main factor to form July rally. And into August, better than the early stage of the macro factors, boost more news, combined with the internal factor supporting backed the market itself, the strength of the steel prices callback downlink will be limited, the overall strength pattern will continue.