Building materials plate spot prices fall back

Charge group

As of now, the import ore market has begun to confuse, and the high price of the outer disk (CFR) is holding steady today. Due to resource constraints, 63.5% of India's powdered products were sold at a price of US$190-192/tonne, and the highest transaction price was even US$195/tonne. Because of the higher prices, the port is currently making fewer inquiries, steel mills also hold a wait-and-see attitude, fewer takeovers, and it is expected that the arrival of cargo ships in the latter part will be reduced.

Today, the scrap steel market is running weakly, and the prices of mainstream steel mills are basically stable. Only the purchase prices of individual steel mills have been reduced. Market transactions are generally in place, and the business mentality is still unstable, so the active enthusiasm of shipments, the current market is still tending to stable decline in the state, the region's scrap steel market mainly in the short term mainly in the weak consolidation.

Steel Group

Today's mid-market is stable. The deal is also average. The introduction of policies by the steel mills continued to increase, and initially supported the market prices to prevent the decline. However, the price point has reached a high level. The downstream steel companies in the market are heavier and wait-and-see mood, and the market turnover is generally low. At present, the midstream and downstream enterprises are mainly wait-and-see. The repeated rises and falls in the price of coils have caused the terminal and the merchants to have different ideas. The current market operation is more cautious, and the short-term prices will still be adjusted smoothly.

The weak pattern of domestic building materials remains unchanged. Demand release on Friday is still poor, and the Beijing-Tianjin market continues to loosen slightly. Terminal procurement continues to wait and see. There are no good incentives in the near future although cost support is still but can only postpone the decline.

Special Steel Group

The popularity of the stainless steel scrap market has improved slightly. Some steel mills have started to increase the price of goods received, which has increased the willingness of traders to operate. The supply of goods in the market is sufficient. Although the purchase price of domestic stainless steel plants has risen, the demand has not yet been changed very well. As a result, the price of stainless steel scrap has risen somewhat. The market activity of stainless steel scrap is still lacking, and it is still in a state of abundant supply and insufficient gas purchase. The price of nickel in raw materials has increased at a relatively high level, but when the downstream demand has been effectively improved, it needs to see the situation in the market. Therefore, the author believes that stainless steel scrap will continue to rebound in the near future, but the substantial increase in prices still needs support from downstream demand.

Recently, the stock market and stock market crashed yesterday. The market sentiment has suffered a small setback. Both construction materials and sheet stock prices have fallen. This has indirectly affected the market sentiment of Yougang Steel. Merchants generally lack confidence in the market outlook, and the idea of ​​downsizing stocks dominates the market. Merchants with relatively large inventory pressure are quoting loosely and maintaining large amount of preferential policies. Immediately after the end of the month, most steel traders to speed up the return of funds, began to reduce sales prices, today's transactions are still not much change. Inventories have been digested, some of the combined steel specifications have appeared to be out of stock, and there is a shortage of resources for gear steel and chromium-molybdenum steel in some regions. Some dealers are still bullish on post-market conditions and are cautious in shipping. It is expected that the recent market conditions should be dominated by small consolidation.