Loosening of transactions in the construction steel market has shrunk

On April 14, the domestic construction steel market was loosened and the overall market volume had shrunk. Affected by the recent steel mills and the market's positive pull up, downstream demand has experienced heavy volume. However, the rapid price increase has also made it difficult for the downstream to digest the short-term, coupled with the iron ore volume pull up, the steel billet fell slightly, the downturn in the ** trend has caused a certain blow to market confidence. Therefore, in the short term, the recent consolidation should be dominated by shocks, and the trend of continued consolidation in the medium to long term will not change.

The market opened on April 14th. Tangshan billet fell slightly. The 145 strip market followed the fall. The market slowed down. The 232-355 strip market was weak and stable. The downstream cargo was not active. The market was mostly wait-and-see, and the merchants did not include tax quotes. 4400-4440 yuan / ton. Today's commodity stocks generally fell, Lun Copper fell 2.3% to 9630, domestic products as a whole opened lower, the spot market of Shanghai hot rolled low prices, the overall market turnover was poor. According to the inventory of 4.11 Jingtang Port, on the 11th of April, the stock of steel strips in Jingtang Port was 103.358 million tons, which was 772.3 tons less than that of the 6th. The stock of slabs on the 11th was 352.657 million tons, a decrease of 32.769 million tons over the 6th; From this we can see that this wave rebounded, all due to the rise of stocks digested by speculation, while the actual inventory of strips was not much digested, and the short-term strip market continued to fluctuate.

The overall stability of iron and steel raw materials is expected to be cautiously bullish. The iron concentrates in Hebei have been rising over the recent period. Although both steel and billet price increases have slowed down, the market for iron concentrates in Tangshan has gradually stabilized, but in view of compliance The transformation of the line to limit the impact of electricity and other places, traders reflect the market resources are still relatively tight, coupled with the road management departments to investigate the adverse impact of overload on transport and freight, local ore prices continue to remain strong. Some mines are still gambling on the market outlook, so there is reluctance to sell up to the psychological, asking price is high, the overall point of view, when the subway fine powder market is still showing steady trend of rising trend. Hebei iron powder is now climbing narrowly, tight supply. In Qianxi and Zunhua, 66% of the wet basis is tax-free at RMB1110-1120/ton, large units at Qian’an are reported at RMB1140-1150/ton, and Tangshan is based at RMB1450-1460/ton. In the aspect of steel mills, some steel mills have been adopting a prudent procurement attitude toward the ore fines in view of the difficulty in grasping the market trend in the later period. It is not easy to increase the purchase volume or increase the purchase price. Hebei steel prices are currently high base price stability, Guofeng 66% dry base tax 1,480 yuan / ton, inventory 170,000; Jinxi 1,450 yuan / ton, inventory 140,000, dedicated 66% dry base tax 1,390 yuan / ton, stone Steel 1490 yuan / ton, inventory 53,000.

On April 14, the overall domestic scrap steel market was relatively stable. Currently, the downstream demand of the steel market is gradually being released. Each product shows a different degree of increase, the recent rebound rate is relatively large, the finished material market has been pulled up too fast, the price is rapid. Climb to a high position. Businesses are cautious about this upswing, and the scrap market in some regions is still showing a trend of tighter prices. Although steel mills generally maintain stable prices, steel mills with larger individual demand still need to be guaranteed by price. In general, the overall scrap market is expected to increase steadily.

The positive difference between different structures and stainless steel prices is now 300-400 yuan. Since March, the stainless steel market has fallen under LME Nickname. Confidence has not yet fully recovered. It was hit by LME Nickel yesterday. This caused the price to fall sharply, and the trend of the stainless steel market was even more bearish. Judging from the recent trend, the stainless steel market has once again witnessed a prosperous season. Traders and investors seem to be rather helpless about the recurrence of market conditions. The sharp rise in the market's erratic and absurdity seems to be all that matters. It is the desperate downturn, the exchange of grief and joy between the long and short transitions, and the suggestion that merchants grasp the market and avoid risks in a timely manner.

The structural steel market in Shandong Province rose steadily. The price of small steel mills remained basically unchanged. On April 14, Laiwu Steel raised the price of You Steel by 80-100 yuan/ton. The price of Laiwu Steel was basically the same as the factory price, but the demand was generally low. At present, Laiwu market: Laiwu Steel's small size 45# is quoted at 5300 yuan/ton; 40Cr is quoted at 5530 yuan/ton; and 20CrMnTi is made at 5640 yuan/ton. Weifang Market: 45#18-55 The market retail price is 4950 yuan/ton for Handan Steel; 40Cr combined steel is quoted at 5300 yuan/ton; Linyi Market: The price for Luli 60-110 is 4900 yuan/ton.

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