The domestic steel price was weak on the 9th, and

2022-08-07
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On the 9th, the domestic steel price was weak, and the raw material market was generally stable.

spot market

according to the latest monitoring data of "my steel", on the 9th, the domestic steel spot market price fluctuated and fell, the building materials market price continued to decline, the hot-rolled coil market fluctuated in a narrow range in 2013, and the mainstream of the medium and heavy plate market remained stable; Today, the spot price of imported ore remained stable on the whole. On the 8th, the BDI index continued to rise, the iron powder market continued to maintain stability, and the billet market remained generally stable

in terms of search engines, the price of domestic building materials in the spot market continued to decline today. The average price of thread and wire rod in 25 major cities monitored fell by yuan/ton compared with the previous trading day. Among them, the prices in Shanghai, Jinan, Taiyuan and other cities have fallen, with a range of yuan/ton. The prices in other regions have remained basically stable, and there is no regional price rise for the time being

today, the domestic hot-rolled coil prices fluctuated in a narrow range. The average prices of q235b3.0mm and 4.75mm hot-rolled coils in the 24 major markets monitored rose by 2 yuan/ton and fell by 1 yuan/ton respectively compared with the previous trading day, of which the prices of some resources in Shanghai and Guangzhou fell by 10 yuan/ton, the prices of resources in Hefei rose by 50 yuan/ton, and the prices in other markets were basically stable

the domestic medium and heavy plate market rose slightly today. The average prices of 8mm, 20mm medium and heavy plate and low alloy plate in the 23 major markets monitored in China rose by 3 yuan/ton compared with the previous trading day. Among them, the market prices in Hefei and Kunming decreased by yuan/ton, only those in Beijing decreased by 20 yuan/ton, and those in other regions remained basically stable

US stocks closed lower last night, major European stock markets fell slightly, and New York crude oil futures rose 0.3%; New York gold futures fell 1%

at present, the traders have been basically in place and the projects have been started in succession, but the downstream demand has not improved much. Although the social inventory of steel has increased, the increment is a new low in the past five years. The market has a strong wait-and-see atmosphere, and the cautious mentality is still the mainstream. At present, the industry fundamentals are still looking for the bottom in shock. Before March, it is the traditional off-season. The rise of steel prices lacks momentum, and the trend is weaker than that of raw material prices. It is expected that the domestic steel prices will continue to fluctuate in a narrow range in the short term

raw material market

today, the domestic raw material market is generally stable, with some small rises. At present, 63.5% of the printing powder is reported as yuan/ton, which is the same as the previous trading day; Pb reported a fine price of yuan/ton, which was the same as that of the previous trading day. There were fewer market inquiries and fewer transactions. Most of the transactions were made by mainstream Australian mines; The sea freight market continued to rise, with Brazil China Sea Freight rising by 0.042 at 19.568; Western Australia rose 0.034 to 7.517 in China. On the 8th, the BDI index continued to rebound. The channel index rose 4 points in a single day, and the increase narrowed slightly. This afternoon, Tangshan Steel Billet rose by 10 yuan/ton. Yesterday, Tangshan steel billet prices rose by 10 yuan/ton. The market transaction was average; The iron powder market continued to hold steady and the transaction was not smooth; In the stable square billet market, the downstream PCB including wallboard enterprises are relatively scattered, the bargaining power is low and strong, and the market transaction is acceptable; The scrap market is stable with strong wait-and-see sentiment and weak transaction; Pig iron market is weak, and the market transaction is poor; The coking coal market is in the doldrums, with local exploration and general market transactions

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