The fine weather in the capital is still continuing. The continuous sunny days also make the air dry, and the public feels slightly uncomfortable. However, the high temperature of 21°C does not feel hot and brings convenience to the citizens. At the same time, the decline in the steel market is still continuing. Today, some resources also have a range of RMB 20-30/tonne. According to China Steel's spot network monitoring, Shougang, Tanggang Φ6.5mm high line price 4540-4570 yuan / ton, Tangshan Steel, Chenggang Φ14mm secondary small thread 4720 yuan / ton, Φ18-22mm secondary large thread 4540 yuan / Tons, Φ18-25mm three large threads 4640 yuan / ton, steel Φ8-10mm plate screw price 4620 yuan / ton.
It is understood that the situation in the Japanese market was weakened yesterday, the number of merchants exceeding 2,000 tons decreased, and the market's mentality became more pessimistic. Dealers also offered price-based operations to their prices, especially as some big customers yesterday lowered their sales. The negative impact of price, the confidence of the local market caused no small impact, the overall market in early trading this morning, there are still down, especially in terms of the dominant steel factory policy, the overall downward adjustment of the situation also has an adverse impact on market expectations, late dealers let the price again The possibility is relatively large, but taking into account that the ex-factory price adjustment is basically the same as the market quotation, the space for resellers to allow prices again is limited. Therefore, it seems that in the short term, the pattern of narrow consolidation in the local market will be the mainstream.
** Market, shocks higher, as of the time of press release thread 1201 contract price at 4355 yuan / ton, up 0.42%.
It is understood that the situation in the Japanese market was weakened yesterday, the number of merchants exceeding 2,000 tons decreased, and the market's mentality became more pessimistic. Dealers also offered price-based operations to their prices, especially as some big customers yesterday lowered their sales. The negative impact of price, the confidence of the local market caused no small impact, the overall market in early trading this morning, there are still down, especially in terms of the dominant steel factory policy, the overall downward adjustment of the situation also has an adverse impact on market expectations, late dealers let the price again The possibility is relatively large, but taking into account that the ex-factory price adjustment is basically the same as the market quotation, the space for resellers to allow prices again is limited. Therefore, it seems that in the short term, the pattern of narrow consolidation in the local market will be the mainstream.
** Market, shocks higher, as of the time of press release thread 1201 contract price at 4355 yuan / ton, up 0.42%.
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