Media reports
Area Steel on 25th
【Time:2016-06-25 11:26】 【Traffic:
Jinan market prices fell sharply this week, poor market transactions affected by rainy days, taking into consideration the increase in the latter part of the supply pressure, expected in next week, the market price will be weaker in Jinan . Beijing, Tianjin market prices rose slightly this week, by the impact of stronger futures, spot prices go up, but poor turnover, and good stock market too few, expected next week in Beijing, Tianjin market price of more consolidation based. This week the 25 market thread HRB400 (20mm) average price of 2269 yuan / ton, down 13 yuan / ton.
This week flat products index 81.25 points, down 1.04% compared with the previous week. Wherein the hot-rolled coil and plate index fell 1.38% and 0.78%, respectively, down. This week the National hot rolled coil prices fell, Shanghai, Guangzhou, Wuhan, Shenyang and other cities most prices fell 10-70 yuan / ton; Nanchang, Tianjin market prices rose slightly 10-30 yuan / ton.
This week, the Shanghai market prices fell, the market demand in general, lack of confidence in the business outlook, expected next week, the Shanghai market prices are still down space. Beijing, Tianjin this week, the market price rose slightly probe, in part out of the market, too few stocks, the price is relatively strong, with the increase in production capacity, weak downstream demand, the market outlook more bearish, the market is expected next week prices will be slightly adjusted Jingjinji . This week the 24 4.75mm hot rolled market average 2535 yuan / ton, the price fell 34 yuan / ton.
Plate market price volatility this week, the overall decline. Shanghai, Guangzhou, Beijing, Tianjin and other cities most prices fell 10-50 yuan / ton.
Music market fell sharply this week from plate prices, though futures take a good, but weak spot transactions, the price businesses active ship-based, taking into account the arrival of the new resources will be concentrated, is expected next week from the music market prices will remain weak run. This week in Beijing, Tianjin plate market prices fell, market transactions in general, prices have loose steel lock, supplies remain high, traders bearish mentality of the majority, is expected next week in Beijing, Tianjin market prices more vulnerable to shocks. This week the 24 major markets in Cape 20mm plate average price of 2423 yuan / ton, down 20 yuan / ton.
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