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The Steel Index (Myspic) Begin to Turn Down This Week
【Time:2016-01-16 10:30】 【Traffic:
This week flat products index 66.54 points, down 0.88 percent from the previous week. Among them, the hot rolled coil and plate index fell 1.97 percent and 1.28 percent down respectively. National hot rolled coil prices fell sharply this week. Shanghai, Hangzhou, Fuzhou, Wuhan, Beijing, Tianjin, Shenyang, Chengdu, Xi'an market prices 10-120 yuan / ton. Shanghai market prices fell sharply this week, the weekly Zoudie in the futures market, prices continued downward, the latter weeks of the city and billet prices rebounded, triggering market confidence picked up, but the turnover is still weak, is expected next week, the Shanghai market price will be weak consolidation based. Wuhan market prices finished lower this week, demand remained sluggish trend, coupled with lower steel pricing, market confidence is low, businesses offer along with lower, more expected next week, the market price of Wuhan will continue weakening operation. This week the country 24 3.0mm market price of hot-rolled 2067 yuan / ton, up down 58 yuan / ton.
 
Plate market prices were slightly down, Shanghai, Hangzhou, Guangzhou, Wuhan, Beijing, Tianjin, Chengdu, Xi'an market prices 10-100 yuan / ton. Plate prices this week, the Shanghai market fell sharply, the decline in turnover, the price is difficult to g
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