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According to the latest market report provided by well-known domestic steel information institutions, the domestic spot steel price index closed at 80.65 points in the past week, down 2.05% in the week, and the decline has expanded. Against the backdrop of the sharp rise and fall of global financial markets, the domestic steel market fluctuated after a deep decline. Most notably, downstream demand remains sluggish, and merchants are still focusing on accelerating shipments. However, the traditional steel market consumption season will come soon in September. Whether this will bring some new factors to the steel market remains to be seen.
According to analysis, in the construction steel market, the price decline is expanding. The price of tons in Shanghai, Hangzhou and Guangzhou fell by 10 yuan to 120 yuan a week. The price of the Beijing-Tianjin-Hebei market is also consolidating downwards. Most of the merchants are mainly shipping, and it is estimated that such a weak pattern will continue.
Relevant institutions believe that even if the steel market shifts to the traditional consumption peak season in September, the terminal demand has improved, it is also necessary to take into account that the steel mill's capacity release may accelerate at the same time, the market supply and demand pattern is difficult to improve significantly, steel prices will Continued to be suppressed, the overall trend is volatile.
Abstract As the transaction continues to shrink, the decline in the domestic steel market is still expanding. After the short-term turnover of the global iron ore market, the price of minerals began to drop. According to the latest market report provided by well-known domestic steel information agencies, the latest week, the domestic spot steel price comprehensive index...
As the transaction continued to shrink, the decline in the domestic steel market is still expanding. After the short-term turnover of the global iron ore market, the price of minerals began to drop.