Although the leading steel mills continued to increase their policies in the later part of the year, they have limited support to the market. At the end of the month, the pressure of funds became prominent. Businesses actively took the goods, but site purchases were cautious. The overall demand did not change significantly. On the other hand, based on “Jinjiu "Bull expectation, there is limited room to go down. On the whole, the stability of the weak adjustment operation during the ten days. The market's inversion rate has been expanded. For the three-tier large thread, Shagang’s price was 3,690 yuan/ton in late August. The current mainstream price in Jiangsu, Zhejiang and Shanghai was about 3,557 yuan/ton, and the downside price was 133 yuan/ton, compared with 70 yuan at the end of last ten days. The tonnage of inversions has increased significantly. Anti-Radiation Hermetic Door For Hospital Different degrees of Anti-radiation Hermetic Door for Hospital use strictly complied with the requirements and standards of door leafs' anti-radiation and hermetic capacity. Anti-radiation hermetic doors for hospital from Ningbo GDoor Automatic Door company are ideal for X-ray rooms, CT rooms and laboratories. Matched with Hospital Access Supervisory Control and Management System, Ningbo GDoor anti-radiation hermetic doors are built-in microchips with hospital central control system, achieving hospital intelligent ization. Anti-radiation Hermetic Door for Hospital Anti-Radiation Hermetic Door For Hospital,Hermetically Sealed Door,Sealed Sliding Doors Ningbo Gdoor System Control Technology Co., Ltd. , http://www.gdoor-cn.com
During the tenth month, Tangshan billet was narrowly adjusted. As of now, the contract price of Tangshan fell by 50 yuan/ton. In addition, the Platts iron ore index (62% PB powder, CFR) rose by US$3.5/ton from the end of August, and still stood at the US$140 mark. The price of raw materials is firm, supporting steel mills to a certain extent; the loss of traders is serious in the ten days, and the average price in each area has turned from positive growth to negative growth, and after deducting the rebates from steel mills, most traders have lost 70-80 yuan in ten days. Ton.
The market is upside down as much as a hundred dollars, and the recent spiral turbulence declines. The new round of steel mills is weak and weak, but based on the high production costs of steel mills, and for the “golden nine†psychological preference, Sha Steel’s stability is high. On the other hand, although the steel market was in an uptrend channel throughout August, due to the continuous increase in factory price policy, traders had little profit and had some losses. Steel mills may provide certain recovery policies for traders. Combined with the actual market trend and the pre-judgment of the market outlook, the Information and Building Materials Research Group expects Shagang to push the factory price in early September and make up for RMB 50/t.
For the pre-September forecast: If the major mills push the factory price, with the high cost of arrival fixed, the merchants will continue to drop their willingness to decline. Another HSBC Bank announced that the initial value of China's manufacturing PMI index was 50.1 in August, which experienced three After the contraction of the month, it will return to the line of more than 50 years, reflecting the significant increase in the activity of China's manufacturing industry. While the economy is picking up, consumer demand is expected to rebound, and the consumption of steel will also be stimulated, but the steel mills are expected to Preference, productivity, or pushing up again, will inevitably increase the conflict between supply and demand in the market and restrict the rebound of steel prices. Taken together, the narrow range has been adjusted in early September.