Domestic steel prices fell slightly import ore prices hit a new stage

Domestic spot steel prices from time to time, but the overall is still in a small decline in the channel.Profits at steel mills have shrunk while output remains high.Iron ore market overall strong, import ore price is to create a staged new high.

According to the latest market report provided by domestic steel information agency "my steel", in the latest week, the domestic spot steel price composite index closed at 144.51 points, down 0.65 percent in a week.Among them, the price of construction steel fell, the average price of the main market specifications rebar varieties is 4036 yuan per ton, 40 yuan a week down.Hot rolled coil price fell, the national main market mainstream specifications of hot rolled products market average price of 3,863 yuan per ton, a week down 32 yuan.The price of medium and thick plate fell, the average price of general medium plate in the main market is 3970 yuan per ton, down 32 yuan per week.

From the specific trend, the steel price is first raised after suppression, the overall shock is weak.Relative to character, low price resource clinds a deal slightly good, downstream enterprise still is to buy according to need primarily.At the moment, profits are being squeezed, but supply is still high and inventories are building up slightly.

The iron ore market is generally strong.According to orgnization newest report, on homebred mine market, mainstream quote is firm, a few areas see rise.The price of imported ore rose sharply and hit a new high in the past 5 years.At present, the utilization rate of blast furnace in China is high, the ore inventory of most steel enterprises is generally low, and the demand for ore is still high.Iron ore inventories at major ports across the country have fallen for the 10th week in a row.

According to the analysis of relevant institutions, with the aggravation of the contradiction between supply and demand, the downward pressure of steel city increased somewhat compared with the earlier period.However, the recent steel production, maintenance situation is also increased, the supply side is not likely to have further improvement;Add raw material cost is high, dominant steel mill is worth price intentionally, short-term form certain support to the market.Domestic steel price trend will be mainly shaken down, but the extent will not be very large.

From my steel web