Jiangsu / Huaigang 40Cr / bar "in the first steel for"

The market demand has been driven by the release and lower billet prices rose sharply last week, the domestic steel market prices have been positive changes, Beijing and Tianjin and other places of large construction steel prices and Tangshan billet prices rose, while the board pressure on the stock market due to relatively Great, turnover is still weak, prices continue to fall. Lange Experts pointed out that because of this price rally has not formed a national trend, so the performance is too radical Tangshan billet, rebar prices in Beijing and Tianjin under pressure from other regions, varieties, short-term stabilization or even slight correction may be. But recent trend, even if the price shot up too fast will be down, but later there is still the opportunity to continue to ratchet. After the Lantern Festival, the downstream site procurement increased, terminal traders began from the hands of big business procurement, construction steel demand concentrated outbreak occurs. The North region this year, in addition to higher inventory Beijing construction steel market, the other cities are more limited inventory, traders have begun from the surrounding area of ??Beijing and Tianjin market purchases. In addition, Tangshan billet prices returning to the rally, but also on the Beijing-Tianjin area of ??construction steel prices formed a role. Small narrow strip, profiles, small spiral steel prices have experienced varying degrees of rise. Sheet market due to the region after the Spring Festival market resources arrive one after another, the current market basically complete specifications of resources, increases pressure on the stock market as a whole. The demand does not appear as in previous years of growth and falling business based on the current market, wait and see mood darker terminal, part of the steel trading business for the sake of shipments continue to lower prices, leading to last week, the domestic plate market overall is still weak, prices continue to fall. Until near the weekend, billet, driven by rising prices spiral, leading a small part of the city hot-rolled coil prices 30-50 yuan (t price, the same below) rebound, but still showed the entire week price decline. Lange Steel Information Research Center, market monitoring, as of March 13, Lange steel composite price index was 101.8 points, down 0.8 points from the previous week; Lange steel long products price index was 103.6 points, unchanged from the previous week; Portland Lattice steel plate price index was 98.6 points, down 1.6 points from the previous week. Including Beijing, Tianjin market Φ25mm three thread soared 130 yuan over the previous week, the Beijing market Φ6.5mmHPB300 high line prices rose 100 yuan, Tianjin price rose 40 yuan. Tangshan billet price rose 90 yuan, 50 yuan rose on Thursday in particular, has created nearly half a year prices rose the most. Driven by billet prices rose, rebar futures prices also appeared to rise last week to a certain extent, but the trend is not uniform nationwide steel market, the futures market has not formed rainbow-like momentum, just slightly. 1510 Friday rebar futures contract closed at 2493 yuan, up 8 yuan over the previous week, but lower than the minimum price closed the week up 44 yuan. Inventory, National steel inventory increased 9 consecutive weeks, but increases the speed slowed down. According to Lange Steel network statistics, as of March 13, the national steel inventory index was 151.91 points, up 6.82 percent over the previous week, slowing the rising speed of 2.09 percentage points.