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Will the Steel Price increase as Prediction?
【Time:2016-05-06 11:23】 【Traffic:
Today, the domestic steel prices show a little flat to down.According to the stencil monitoring data : 24 major steel markets 20mm HRB400E average price is 2980 yuan / ton,down 20 yuan / ton compared with the previous trading day ; in 24 major markets 4.75 hot rolled coil average price is 3153 yuan / ton , down 21 yuan / ton compared with the previous trading day down 21 yuan / ton; in 23 major markets 14-20mm P plate average price is 3007 yuan / ton, down 10 yuan / ton compared with the previous trading day .
 
In addition to the building materials market in Changsha, Chongqing, individual market rose slightly 10-20 yuan, the main market is basically in the majority of flat to down trend. Wherein stable market performance Nanjing, Shenyang, Taiyuan, Chengdu, Guiyang, Kunming, Xi'an and Lanzhou, in addition, Jinan and Shijiazhuang line high rebar is also more stable, basically did not change much. The market fell a lot, such as Shanghai, Hangzhou, Tianjin, Hefei, Nanchang, Guangzhou, Zhengzhou and Shijiazhuang and other places were down 10-40 yuan range. Hefei, Tianjin and other places thread price drop of $ 100, by a big margin, Fuzhou, Urumqi market drop of 50 yuan. Three seismic threaded Beijing and Shanghai offer was 3,000 yuan / ton and 2920 yuan / ton.
 
Plate market mainly remain stable. Shanghai and Tianjin general board were down 20 yuan and 10 yuan, of which Shanghai 20MM specifications offer for 2960 yuan / ton, Tianjin market 150 yuan / ton. In addition, Hefei, Fuzhou, Zhengzhou, Beijing, Tianjin and Chengdu region, Urumqi appeared decline 10-30 yuan. Overall, the decline in small plate market, the mainstream market is still stabilized.
 
Overall, the steel prices affected by holidays factors, the trend before the holiday changed after several days. On the one hand due to the billet prices volatile ups and downs, total holiday fell 100 yuan / ton, and today fell 50-2340 yuan / ton, there is a certain negative impact on the market. On the other hand domestic and international holiday dislocation, the dollar fell, the international crude oil prices fall on Monday, the Australian rate cut by the Reserve Bank of Australia has fallen sharply influence these factors have affected the domestic futures market today run, iron ore, have lower thread offer. Wherein the threaded gapped opened low, the minimum to 2432 yuan, down 116 yuan, opened the first black futures adjustment off.
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