July 2 Shanghai Building Material Market diary (up still rough) - prices of construction materials, steel prices - steel industry

July 2 Shanghai Building Material Market diary (up still rough) - prices of construction materials

, steel prices - steel industry

7 2, cloudy to overcast. Shanghai is the first heat this summer, sounding the alarm yesterday, marking the city has exceeded the maximum temperature of 35 , and is about to face more and more severe high-temperature "bake" test. It is said to Shanghai since 2001, first appeared in July's high temperature, the relative year-round, this time some long overdue. Also yesterday, the Shanghai Construction Steel City, try to slightly pulled?? This moves a little Brief Encounter; morning, the forecast rain did not come, the story of high temperature is still the market continues.

Opened, the West of the works offer two, three smooth steel index, a small number of specifications, such as 28mm up slightly more than standard, mainstream offer stable and upward, the bottom of the transaction price stability with inflation.

Although the overall market sales did not pick up yesterday, but the desire to rise still occupies the upper hand: after opening the majority of large or small increase in the listed price range was still 20-30 yuan / ton. Operating point, according to feedback on the spot, morning, stock market, represented by two steel up, such as the 16-25mm standard free products, in addition to 18mm, the basic re-station the gateway 5200 yuan; small East John Steel Baosteel Resources reported in 5300 yuan more than the above; 10-12mm is also up against yesterday's 30 yuan / ton. In contrast, three significant changes in steel and wire is not exempt from 3 ,16-20mm steel is about more than the 5,450 yuan, 22mm Ping Steel Products traded in 5470 yuan, 25mm different manufacturers reported in 5550-5600 yuan / ton; High Line 5860 yuan mainstream prices continue.

Hesitation in upstream prices, demand rose after the delay, a message came back from the major markets, to 11:00, except for a few sites have scattered to goods, the market was deserted, most companies are not satisfied with the amount billed . Because of this, the face of flat transactions, some dealers on the price increases are still doubts about whether the full. In operation, mainly reflected in the receipt between the behavior of small businesses, in particular, that the more similar in the past to buy up more, the phenomenon of the session no longer frequent price adjustment. Near noon, exempt resources by its neighbors, the stimulation Yang Huo Jin price, some foreign customers to the market price inquiry, transaction situation improved.

If you must find out from the plain, a little unusual market, then the dealer's attitude started to change can be considered one: while the rising expectations in general is not high, but blindly pessimistic expectations are also much less bearish. This is from the Proxy Evidenced order business, a message came back from a factory in the plant to make up 200 yuan / ton in the policy clearer, pick up today's distributors actively payments increased significantly. This phenomenon once again that, in fact, traders still very easily satisfied.

Message surface, forced sales and financial pressure on the field part of the rumor mill started to take on arrival in Shanghai dealer flexible pricing policy, some cash in case of delivery of the contract is up is not marked up, met or fell . Expected following the three-tier steel mill in Fujian, the latter part of the resources in Shandong and Hebei region volume is expected to re-enter the Shanghai market, which may be alleviated to some extent the reduction of East China steel resources. In addition, several large steel plant in Jiangsu normal inventory, but more scarce previous three relatively well-off plate, screw and wire.

Afternoon, the normal market trading, prices rose less three steel there, in the range of 10-20 yuan / ton, exempt resources, the price of 5450 yuan less been eliminated. Close working hours, the clouds pressure the city, a broad surge in wind, followed by a shower of rain coming. One day down, volume, or no amplification. Today's Shanghai to construction steel market shows that even if that business collective pulled, but the market is still rough road up. Sentence: up not a trend yet, the market needs to try again.

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