The hottest steel market is in a confused state, s

The steel market is in a confused state, the steel price is in a confused state, and the wait-and-see atmosphere is strong

the steel market is in a confused state, the steel price is in a confused state, and the wait-and-see atmosphere is strong

China Construction machinery information

Guide: according to the latest market report provided by well-known domestic steel information institutions, at present, the domestic steel market is generally in a quot; Confused quot; Status, prices of major varieties continue to drop, businesses wait and see and quote; Bearish quote; Strong mentality. From the downstream point of view, the peak production season of steel industries such as hardware processing, automobiles, household appliances, etc. has passed, and steel

according to the latest market report provided by well-known domestic steel information institutions, the domestic steel market is generally in a "confused" state, the prices of major varieties continue to decline, and businesses have a strong wait-and-see and "bearish" mentality. From the downstream point of view, the peak production season of steel industries such as hardware processing, automobile and household appliances has passed, and the demand for steel has been adjusted with the strong support of the state. The market even has the phenomenon of "packaging" plate resources at low prices, which may affect the market's judgment and expectation of the bottom of steel prices

according to monitoring, the domestic steel market is still weak. In the recent week, the overall trend of steel price is to fall first and then stabilize. Affected by forward price shocks and sluggish transactions, there is a strong short-term bearish mentality in the market. As it is difficult to grasp and "digest" the follow-up development and influence of various market factors, the overall market atmosphere feels "confused". The market trend of main steel varieties is: the panic mentality in the construction steel market has spread, resulting in a low turnover; Hot rolled coils maintained a weak operation, and leading steel mills such as Baosteel significantly reduced the price of plates in July, increasing the wait-and-see attitude of buyers; Cold rolled coil continues to decline, and the demand support of automobile, household appliances and other industries is significantly weakened; The price of medium and heavy plate continued to adjust weakly, the transaction was weak, and the wait-and-see mood was strong; Affected by the sluggish market transactions and the reduction of ex factory prices by steel mills, the prices of profile materials have accelerated in some regions

according to the analysis, the spot price of construction steel continues to be in the downward channel, among which the decline in South China, Huayou lead screw drive and rack drive north and southwest regions has increased, and the ton price has fallen by 140 to 210 yuan. In addition, the price of rebar in Zhengzhou market in Central China and Nanjing market in East China has also fallen significantly, and the "cautious" mentality of the market has gradually deepened. Due to the low market price, some steel mills in northern China have planned to arrange maintenance. Based on various factors, it is estimated that the spot price of construction steel will continue to rise by 10. 5% Speed accuracy: the error is less than ± 0.5% of the indicated value Continued weak consolidation

the hot coil price also continued to adjust weakly. In the pricing policies of leading steel mills such as Baosteel, Angang and WISCO in July, the hot coil price was reduced to varying degrees. The "bearish" of steel mills on the future market had a certain impact on the mentality of merchants, and the market steel price was difficult to stabilize. In the pricing of leading steel mills, the price reduction of cold-rolled coils is much higher than that of other varieties, which makes the cold-rolled market in the spot market continue to oscillate to a low level. At present, the peak production season of steel industries such as hardware processing, automobile and household appliances has passed, and the support for steel demand is weakening. It is understood that the phenomenon of "packaging" plate resources at low prices has begun to appear in the market, in which the price of deep drawing materials and other varieties is lower than the average spot price, which may further affect the market's expectation of the bottom of the price

judging from the general trend of the current steel market, it is an indisputable fact that "bad side" outweighs "good control software sends control signals to the servo valve side". However, it is still difficult to make a clear judgment on whether there will be a rebound after the market bottoms out. There has not been a "major adjustment" in the overall capital of the steel market, and there are not a few money watchers. The steel price may continue to decline, but it is unlikely to fall below the cost line for a long time. Through the adjustment of supply and demand and the changes in the basic environment at home and abroad, the support point of market balance will be found again