This Friday finally get through, but the market is still difficult to stop the weak performance. Previously mentioned, Tangshan mills were asked to limit the production in short-term, covering the weakening demand, unless the steel market might be even gigger decline. Better news in this week, Tangshan Steel maintais 1850 Yuan, perhaps, to the short-term trend in the steel city,it set a cost limit. Outlook opinion, a general pattern is continuing,steel prices will unlikely stop the declining. 

? Macro hotspots

1, Brazil's steel strip preliminary anti-dumping

2, the central enterprises to expand around the pilot reform soon

3, to carry out the steel industry in Guangxi production safety law enforcement special operations

4, the first production to 27.6 billion issued capital enterprises and counties eligible for Hangzhou Iron and Steel 240 000 000

? materials

Billet: National billet market is a little weakening but stable. Shanxi billet price fell 20 yuan / ton, steady elsewhere. Tangshan billet sent straight to 1855-1888 yuan / ton portion of stew furnace factory straight hair volume interrupted. Warehousing spot individual overstated, no deal; finished steel weaker. Tangshan billet steady afternoon Poor: booming, Kuniyoshi factory 1850 yuan / ton, Changli factory reported 1850 yuan / ton, Xinda 1880 yuan / ton, cash taxes.

Domestic ore spot: this week, weak domestic ore market stable operation. Temporarily stable prices in North China, Tangshan 66% dry basis tax cash factory 490-500 yuan / ton, 66% dry basis Qian'an tax cash factory 485-495 yuan / ton, Zunhua 66% wet basis excluding tax cash factory 390-400 yuan / ton; Qianxi 66% dry basis tax cash factory 475-485 yuan / ton.