Domestic steel prices 'by up to steady' industry in the bullish market outlook

mills ex-factory price adjustment has also broken the single rise situation, individual manufacturer to choose the strategy of the moderately reduced. On domestic crude steel this year, nissan is still the second-highest level history, spot iron ore prices continue upward high once jumped to more than $per ton. According to 'my steel' monitoring, in the recent week, domestic steel prices continue rising early basic situation, but the situation has changed overall rose broadly, parts of the steel prices began to appear in the late week adjustment; Steel mills ex-factory price, but also a change of a single rose pattern, individual manufacturer's price cut, which need attention. Overall, the domestic steel prices are going through a process of 'from up to the steady', due to previous prices rose too fast, the downstream demand is suppressed, merchants 'heights' emotional appeared slowly, partial businessman choice in profits, market mentality tend to be more careful. Relevant analysts think, in the aspect of construction steel, rebar and wire rod prices still, just the overall momentum is abate, in parts of the present slightly callback. Starting from the month, the market rose run trend continues today, and the price increases are more solid. But at the same time of constantly enlarge profits, on the supply chain each link of the game will be further intensified, steel prices further push up the space is limited, in the next few weeks, the trend of price swings or will gradually appear. In terms of hot and cold plate roll, because of the global iron ore prices rose, the international market steel prices by the cost of big gains, thus for the export of domestic resources through the 'price scissors', in the domestic steel export situation is still good, so as to ease the pressure on the domestic sales. Partial businessman for late prices continue to go up to keep optimistic view, so continue to push up the price. But considering the downstream of the acceptance will be increasingly is restrained, in the case of the current inventory to maintain high profits, the mentality of partial businessman in profits, cash income are also enhanced. In addition, by the global shipbuilding industry and shipping industry gradually warming, medium thickness plate demand recovery is more obvious, which support the medium thickness plate price, but slower pace or in the next to continue upward, market differences will increase. According to the latest statistics show that in the domestic crude steel production increased % above, average daily production of. Ten thousand tons, a month. Ten thousand tons down slightly, but still high-lever for history. Domestic steel production is high, upward, supporting the ore prices high. Import % grade ore spot prices in the near future once jumped to more than $, ore price negotiations to the global agreement has formed a relatively obvious pressure. Many in the industry, in the second quarter after consumption upfront cheap raw material, steel mills can through the transmission of steel prices to maintain their profits, will be an unavoidable problem.