The price for constructional steel falls down as a whole
Although the steel factories are trying to lower the price for steel raw materials, the production cannot cool down from the prosperity.,and Spiraling steel production is break through record highs. According to domestic famous steel spot trading platform "" provide the latest market report, and the production of" hot ", the terminal building than steel sales "weak" formation of a strong contrast, the structural contradictions still lingering endorsement, the trend of the overall price to be down.
Review June the domestic construction on the movements of the early endorsement, prices at the high XiBen index, a small walk on the highest touch to the price of $4900 per ton; In the middle of the east China into, Shanghai, hangzhou, the market fall in south China, the north, leading to the west, such as a ladder down one of the market trend. ’off-season endorsement consumption features all show, "demand and capital constraints become uplink endorsement two main factors".
As long as the steel price to the "meat to not go to", "the fire of steel production" seems to be the hotter the fire. Since this year, domestic crude steel nissan level in 1.9 million tons of above all maintained. Note the plank, steel mill, and compared with the production of relatively higher profits construction steel, so building the capacity of steel is consistently high release. 1 this year to may, domestic rebar and wire yield increases of 12.9% and 14.3% respectively compared. Among them in May, rebar and wire daily output of 414600 tons and respectively 329500 tons, the rebar yield new highs, wire is just below the level of nissan in March this year, the second-highest tally record history.
At the same time, through continuous 13 weeks after the inventory ine in June, domestic construction steel inventory basic stopped decrease a storehouse pace. Points to see in east China area, Shanghai, and hangzhou market rebar inventory all appear obvious rise. Construction steel "to inventory" process will be repeated.
Related institutions analysts believe the next July, the domestic many areas will enter the high temperature of summer season, terminal demand may continue to decrease. However, if the domestic security room construction if appear "accelerating" phenomenon, may be able to give the needs of construction steel added a little "bright". Overall, after six months after the crash, and in July the domestic construction steel price despite stage the bounce of the possible, but the overall trend down still difficult to change.
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