Dec. 14 Rose Slightly Shanghai Construction Steel - Steel, Steel, Building Materials - Steel

In Friday futures prices and continued high steel prices

, driven by the Shanghai market today, a certain range of construction steel prices rise. Morning opening, the West offer the project up 20 yuan / ton, a steel material trade, health and good for the time being remain stable, Li Ning sales prices 10-20 yuan / ton, King Yue sales price rose 30 yuan / ton, and other business applications giant , Shun Dynasty, Wing Fai, constant steel, Meng Xing, gold and other businesses through selling price increases also have different ranges, is affected, the Shanghai market, construction steel prices must rise.

Markets GB exempt two 16-25mm Rebar Mainstream transaction price in the 3530-3540 yuan / ton, and the relative on the day up 20 yuan / ton; other non-exempt transaction price of mainstream resources in 3500-3520 yuan / ton between the last trading day the market rose 20 yuan relative / t; 28-32mm thread transaction price in the 3660-3670 yuan / ton, up 20 yuan relative on the day / ton; 10-14mm small thread is now mainstream transaction price in the 3590-3690 yuan / ton, and the relative on the trading day up 20 yuan / ton; now three threads 16-25mm mainstream transaction price in the 3700-3750 yuan / ton, and the relative increase on days 20-30 yuan / ton range; General Line Mainstream transaction price in the 3600-3610 yuan / ton, and the relative stability on the trading day; High Line The mainstream market transaction prices in the 3640-3660 yuan / ton, and the relative steady on the day; Round Market price on the trading day relative rise 10-30 yuan / ton.

From the steel side, Sha Steel on December 11 issued ex-factory price in mid-December, prices of rebar and the general line of fixed, plate, screw the price up 80 yuan / ton; Yong Gang Published December 11 in mid-ex-factory price of rebar price up 20 yuan / ton, high-wire prices by 50 yuan / ton, plate, screw the price up 50 yuan / ton. Transit delay in the price, but the steel by sand, permanent steel price adjustment effect is estimated to transit the prices will also have some up, we can see the mentality of the market outlook, steel still optimistic, but also show the market disadvantaged background, part of the mill operation is still cautious.

Friday announced after the close exchanges, "December 16, 2009 to December 28 period, I will screw steel and natural rubber futures contract opened the day (flat) side of warehouse receipts to receive occasional bilateral fee fee "message and Friday crude oil prices fell below 70, some investors have an impact on psychological expectations, opening today, rebar futures fall sharply. But in apparent support costs, the latter trend not be a problem.

Last from the spot view, the progress of the project and started slowing down, the poor performance of market transactions, with the steel resources and resources gradually to the north of Shanghai, the market continued to increase inventory, highlights the increasing pressure on the spot market, estimated recently Shanghai market, construction steel prices will continue to consolidation.

by: gaga

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