Steel market off-season not light multi - party game steel prices are still available

2020-07-21 15:53:13

Futures daily net news (reporter Tan Yamin) futures daily reporter discovery, in July, normally speaking, the south into the plum rainy season, the north into the summer, more for steel demand off-season every year, but at prices near ten years, only three years in steel prices fell in July, a smooth adjustment, six years appeared to pull up the situation, and since 2016 by the year 2020, steel prices in July appeared different degree of pull up, pull up two ten-day degree in July 2020 hundred, as usual, in addition to the 2019, 2016

In 2018, steel prices fell back in September, while in 2019, they fell sharply in August. Is the steel market falling in August and September this year?

The personage inside course of study thinks, the second half of hong kong-listed nonexistent slashed risk, is expected to remain at the current price point for oscillation between up 100 200 yuan/ton, do not rule out some period under the mismatch between supply and demand of the back to adjust the price of the main reasons for the rise in steel prices in July is the main reason is the cost and the support of funds, drive manufacturer to take the initiative to pull up will is stronger, combined with the news to leak to the high frequency hype, steel prices will challenge a new height 2 it is to follow while local demand, apparent phenomenon of inventory has increased, but the actual supply, early July crude steel 2.1307 million tons, up 5.81%;Scrap metal shredderPig iron was 1.917,300 tons, up 7.61% year on year;

198.00 million tons of steel, a year-on-year growth of 5.61%, which indicates that domestic consumption capacity is still strong with the accelerated implementation of projects in the second half of the year, as well as the continuous stimulus of the policy, the overall focus of the market for steel prices is still optimistic