During the period of the weekend, the quoted price of common carbon billet in Tangshan area fell 50 yuan (20 yuan on Saturday, 30 yuan on Sunday), and reported 3600 yuan / ton tax. The price of construction steel in the domestic market fell: the prices of Hebei, Shanxi, Shandong, Anhui, Jiangsu and other places fell, and the southwest, Southern China, northwest and other places were weakly stable; this morning opened the market. The black line commodity futures trend differentiation, the thread opening once plunged 1%, then entered the oscillation operation situation, as of the contribution, iron ore, coking coal rose red, thread, hot roll, coke fell.

 

The latest spot price quotes: loose plates, smooth profiles.

 

Last Friday's steel social inventory data fell back and down, the supply side showed signs of rising inflection point; on Friday, the black series futures showed a high decline trend, the early plate thread continued to fall, forming a sharp suppression of the spot price of steel. Yesterday, the central bank announced a 0.5 percentage point reduction in the bank deposit reserve rate since July 5th. It is expected that the market capital tension will be relieved; the Southern China region is expected to have a certain impact on shipments of Meiyu weather; the environmental policy continues to force, and it is expected to maintain the high adjustment of the price of steel this week.

 

Message surface

 

1, domestic steel prices fell slightly, iron ore prices steadily weakened

 

Once the domestic spot steel market has been affected by fluctuations, the market mentality has weakened. However, the price of steel will soon become stable, and the price of the mainstream steel plants is also "fixed", and the overall decline in steel prices is limited. The iron ore market is in a steady trend. According to the latest report of "West New Shinkansen", in the domestic ore market, the iron concentrate market is generally stable, and the market turnover in some parts of the market has shrunk. The price of imported ore has declined slightly, and the price of imported ore will also be dominated by the weakening of the import price, due to the weakening of seasonal demand.

 

2, the central bank has lowered the deposit reserve ratio by 0.5 percentage points, releasing 700 billion liquidity.

 

Since July 5th, the central bank has reduced the RMB deposit reserve rate of five state-owned large commercial banks, CITIC banks and China Everbright banks, including 0.5 percentage points of RMB deposit reserve rate, which can release funds of about 500 billion yuan to support the market oriented "debt to equity swap" project and pry the phase. Social capital participation on the same scale. At the same time, the reserve ratio of postal savings bank, city commercial bank, non County Rural Commercial Bank and foreign bank RMB deposit reserve ratio is 0.5 percentage points, which can release about 200 billion yuan. It is mainly used to support related banks to open up small and micro enterprises market, to grant small and micro enterprise loans, and to further alleviate the financing of small and micro enterprises. Your problem.