China's steel market continued to pick up on July 6, with the construction steel market rising slightly, the price of hot-rolled sheets fluctuating and consolidating, the price of cold-plate market was narrowly consolidating, and the price of plate was slightly higher. Lange Steel reported on July 6 that the domestic steel market continued to pick up. Among them, the construction steel market rose slightly, the price of hot-rolled sheets fluctuated and consolidating, the price of cold-plate market narrowed, and the price of medium-thick plates rose slightly. The specific market changes of various steel products are summarized as follows: Construction Steel: Today, the domestic construction steel market price has risen steadily. According to the monitoring of Lange Steel Network, the average price of Ф6.5mm high line in key cities in China is 4870 yuan (ton price, the same below), which is 8 yuan higher than yesterday; the average price of Ф25mm rebar in key cities in China is 4922 yuan, up 4 yesterday. yuan. Leading cities: Beijing 6.5 high line 4830 rose 20 yuan, secondary rebar mainstream specifications 5080; Shanghai market high line 4760 yuan, rebar 4830 yuan, unchanged from yesterday. The price of steel billets continued to rise in the afternoon yesterday, pushing the prices of small and medium-sized rolling mills in Wu'an and Tangshan areas to continue to rise, and also promoted the market. Some specifications in Beijing continued to rise. After the previous day's surge, yesterday's rebar futures were relatively stable at high levels and still supported the markets in East China. The leading cities of Beijing and Shanghai continued to show a steady upward trend. The overall outlook for the second-tier market is still relatively high, and merchants are cautious in operation, with limited gains. However, from the main market transactions yesterday, driven by the price increase, downstream purchases increased. Although there was no large-scale centralized procurement, the shipments of large households were slightly better than the previous period. The overall mentality of the merchants is relatively calm, but it is not optimistic about the sustainability of the price increase. Many merchants believe that the fastest weekend market will resume its weakness and even return to the down channel. As mentioned above, although the transaction has slightly improved, the demand side has to pull the price to continue to rise, and the strength is still insufficient. Today's leading city's gains have weakened, or it means that the market's rise has gradually come to an end. It is expected that the market will remain stable tomorrow. Hot Roll: Today's domestic hot-rolled coil market price fluctuated and consolidated. According to the market monitoring of Lange Steel's Steel Information Research Center, the average price of 5.5mm hot-rolled coils in key cities in China was 4,756 yuan, down 3 yuan from yesterday's price. The three major stock indexes of the outer disk were mixed, and the Dow Jones Industrial Average fell slightly. Domestic forward transactions were affected by this, and the momentum of the late gains was obviously insufficient. On the other hand, the domestic hot spot price of the spot market is limited by the volume of transactions in various places, and there is also a slight fluctuation. As far as the current situation is concerned, the volume of domestic spot market is extremely unstable at this stage, which makes the price fluctuate frequently and changes rapidly. Merchants in various regions are mostly bearish on the market outlook, and they have reduced their inventory and carried out conservative operations. There are frequent signs of short selling in the market, so the inventory will not bring too much pressure on the merchants in a short period of time. In the overall market, in the short term, the domestic hot coil spot market will be dominated by wide fluctuations without external pressure. Cold plate: Today's opening, the domestic cold-rolled coil market price is narrowly consolidating. According to the market monitoring of Lange Steel Information Research Center, the average price of 1.0mm cold plate in 10 key central cities in China is 5437 yuan, and the average market price is the same as yesterday. Today's long-term electronic disk once again followed the stock market and other shocks. Some of the small hopes that the electronic disk price adjusters established yesterday disappeared. Most people in the market said they could not understand the price trend in the short term. In most regions, prices have remained stable, and prices in some regions have turned from a dark drop to a clear drop, while some cities in East China and South China have slightly increased their shipping prices. On the fund level, following the sharp rise and fall of yesterday's and previous day's overnight lending rates, today's Shanghai overnight split interest rates have risen and fallen in different periods, and the magnitude is not large. With the market's expectation of June cpi, it is expected that the cold rolled coil will still be sorted out at a low price in the short term. Medium plate: At the opening of the market today, the domestic plate market price rose slightly. According to the market monitoring of Lange Steel Information Research Center, the average price of 20mm medium plate in key cities in China is 4839 yuan, which is 8 yuan higher than yesterday's price. In addition to the slight increase in prices in Xi'an, Tianjin, Shanghai and other regions, prices in Zhengzhou, Shenyang, Chengdu and Beijing are basically stable. After the sharp decline in mid-June, the mid-board price has gradually stabilized and stabilized recently. Especially in the last two days, with the futures and stock market upside, some merchants with small inventory have slightly raised their quotations to test the market reaction. There are still no signs of improvement in market transactions. Most dealers expressed that they are not optimistic about the persistence of this rebound. At present, it is still the season of high temperature plum rain. The southern sensation is still going on, the downstream construction is seriously affected, the steel consumption is obviously reduced, and the leading industries in the downstream of the plate are cars, shipbuilding and machinery. Household appliances, etc. still maintain the off-season of production. It is difficult to fully start consumption in July. In contrast, the production capacity of crude steel is still at a high level, and the contradiction of oversupply is difficult to solve in a short period of time. Recently, pork prices have risen sharply. Market participants generally believe that the CPI in June will continue to record high, and the expectation of raising interest rates will start to increase. The market capitalization may be further tightened. Based on the above analysis, in the short term, the domestic mid-board price does not have the basis for reversal, and the possibility of a volatile trend in the short-term is greater.Wardrobe Cabinet Handle
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