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Domestic steel prices fell slightly in the ongoing state: a short-term correction channel is difficult

    According to well-known steel information organizations "My iron and steel" to provide the latest market analysis, said that during the last week (August 1 to 8), domestic steel prices continued to remain in the state fell slightly. Of traders,booster cables the short term is difficult to get out steel consolidation channel.

    According to "My iron and steel" surveillance, battery clip in the last week, all major domestic steel market performance of specific varieties are: construction steel prices continue to slightly down, Hefei, Zhengzhou, Lanzhou, Urumqi and other regions have dropped slightly, Shanghai, Guangzhou smaller cities such adjustment; plate prices were slightly lower, Hangzhou, Guangzhou, Wuhan,tow rope Xi'an and other places tons price has gone down to 100 yuan; hot rolled coil prices in Shanghai, Tianjin, Guangzhou and other major markets continue to fall,ratchet tie dowm Northwest Territories slightly larger declines; cold rolled coil prices in Guangzhou, Hangzhou, Wuhan, Tianjin, decline in the average market price of 100 tons or more; and medium-sized timber prices fell, t price increase of 30 yuan on average.

    According to analysis, the overall construction steel prices fell slightly, with declines greater than the steel wire. Wire t price of 200 yuan or more than 4 cities, more than 14 100 yuan. Week total of 17 steel producers and 12 wire manufacturers to adjust the prices downward. Many areas of recent domestic sales of steel used in construction a temporary "standstill", construction steel market is likely to usher in "the worst season of the year." Current concern is: Energy prices continue to fall; steel high raw material prices decline, steel prices fell to a cash of about 5150 yuan per ton, pig iron prices to return to 4250-4400 yuan per ton; trading volume in the market situation is not good , steel stocks upward trend. Which is expected to domestic construction steel market prices will continue to be slightly lower.

    Plate prices fell slightly overall, private small and medium enterprises plate prices still a "pioneer." Hot rolled coil prices fell; cold plate to increase the price declines, the market volume was light.

    8, "My steel" domestic steel price index was 209.0 points, down 1.3% last week, the relative decrease of 3.2% last month, up 44.2% over last year.

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iande Weida Electrical Appliance Tools Co.Ltd. professionally manufacture booster cables , battery clip, tow rope,ratchet tie down.