Industry information
Steel Price Begin Going Down!
【Time:2016-11-16 11:57】 【Traffic:
The domestic building materials market enter the weak decreasing adjustment, the mainstream decline in 10-50 yuan / ton. With the price of Friday night, a comprehensive callback start, coupled with today's full price limit down, a serious blow to the mentality of the cash business, business actively shipped, the market price also will follow the fall. In addition to taking into account the weather gradually turned cold, the downstream demand more and more sluggish, while cost support is slightly loose, lack of confidence in the business, the current decline in snail trend has been formed, billet prices also will be driven with the fall, is expected tomorrow domestic building materials prices But still down to the main, but taking into account the short-term maintenance of steel mills still exist, some market resources are still scarce, so the overall decline will be limited.
 
The mainstream of domestic hot volume down into the trend adjustment, but individual resource prices are still tight market is up, the main decline in the 10-50 yuan / ton range. With the adjustment of futures continued to increase today, making the business mentality continues to deteriorate, accelerate the idea of ??shipping to enhance the atmosphere in the overall trading of light, the market price to move closer to low, there has been dark down situation. Bad part of the market due to fewer resources, a large number of shipments will not be too high, so the price is relatively strong. Overall, the overall market price is expected tomorrow, the trend is still in shock. For tomorrow, taking into account the short-term demand is difficult to improve, and the impact of the futures side crash, businesses eager to ship mentality will be increasing, so the price decline will still exist, but the current market pressure is not large resources, Of the space is not large.
 
The domestic plate market prices fell into the overall adjustment, the mainstream price decline in the 10-70 yuan / ton. With the impact of today's futures down limit, making the market more profitable businesses, today's business focus on shipping and increase the price range of the phenomenon appears concentrated, the overall offer appears significantly loose. In addition, as part of the first two days of the first part of the steel mills have already begun to lead the pace of decline, combined with the decline in the downstream itself to increase the wait-and-see sentiment, the second and third tier steel resources have joined the competition for the market, the price side pressure increase, Plant guide prices loose, will drive short-term plate prices will continue to fall to run.
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