【News】
● ore: the main condition of iron ore is weak stability on the 8th. Platts index, the Platts index on Friday fell 0.4 US dollars, 62% now Platts index 77.55 US dollars.On weekend, downstream market stocks increased with the billet down 50, steel mills increasingly cautious procurement of iron ore, the material prices keep low level and deal possibility is in less condition, coincides with the Christmas holidays, time for space delay down rhythm . Miners private light, bargaining space to enlarge quantity, the real short-term maintenance of stock.
Coke: 8 Rizhao two metallurgical coke to the factory tax price 2110-2150 yuan / ton; Luliang two metallurgical coke factory tax price 1730-1750 yuan / ton; Tangshan two metallurgical coke to the factory tax price 1980 - 2020 yuan / ton. Coke prices stable operation, the market turnover is not optimistic. Driven by the decline in the price of River Steel, the surrounding market prices fell, small and medium steel prices will gradually lower, the other most steel prices are still limited production, slightly flat market demand. While the coking plant operating rate is still low, most are still about 50%, the overall market supply and demand of the two weak, the business outlook is more pessimistic about the market outlook. The Chinese New Year approaching coke enterprises to return the funds or continue to accept the demand for price reduction is expected to short-term coke prices stable operation.
● Steel billets: Tangshan finished products and billet transactions were weak over the weekend, steel mills cut billet price of 50 yuan. Tangshan and the surrounding mainstream of the current mainstream steel mills ex-factory price of 2740 yuan / ton tax, Tangshan Xinda 2750 yuan / ton; business naked price 2540 yuan / ton. Near the end of the year, the market in order to return the main funds, Dongchu will only be carried out at low prices, so the recent transaction may be better, prices will rebound slightly.
The Shanghai market Shagang three large snail 3120-3140 yuan / ton, unchanged from the previous day; Guangzhou market (the market), the market price of 3,300 yuan / ton, compared with the previous day; Shaoguan three large snail 3620 yuan / ton, unchanged from the previous day.
● Plate: closing on the 8th, the Shanghai market closing price of 3690-3800 yuan / ton, compared with the previous day flat; Tianjin market closed at 3600-3640 hot plate volume / ton, compared with the previous day; music from the market The closing price of hot coil is 3780-3800 yuan / ton, the same as the previous day.
[Today's forecast]
● Building materials: Weekly market is stable most of the snail down, range 20-50. Increasingly close to the year, downstream procurement difficult to see improvement, but also more market stocks gradually increased, sales pressure appears, but can only change the price. Ton, compared with the previous day down 20 yuan / ton; Shanghai Shagang three large snails 3120 yuan / ton, compared with the previous one Guangzhou, Shaoguan three large snail 3600 yuan / ton, compared with the previous day or 20 yuan / ton.
● Plate: Weekly domestic hot coil prices run weak, the overall atmosphere of light trading resources. With the Tangshan billet slightly lower, the cost of support gradually weakened, coupled with seasonal factors, the downstream demand is weak to release, traders generally profit-based shipments. At present, the Spring Festival holiday approaching, the market transactions are still poor, steel trade mentality tends to be cautious, or ahead of time from the city, is expected this national hot volume prices or weaker and weaker operation, the Shanghai market mainstream offer 3690-3800 5.5mm Yuan / ton, Tianjin market 5.5mm mainstream offer 3590-3640 yuan / ton, 5.5mm mainstream music market from the offer 3780-3800 yuan / ton.
