subject: Shanghai Stock Exchange On December 10 Evening - Steel, Steel, Steel - Iron And Steel Industry [print this page] Opened today in Shanghai construction steel market continued to fall in the mainstream offer 20 yuan / ton. Judging from the transaction, the overall volume today against yesterday's flat. Comprehensive data show the normal low end demand was the release of state, market transactions are still concentrated in low-cost resources.
Variety of view points, according to well-known steel spot trading platform?? West route of the new monitoring data: Today High Line Price mainstream stable and down 10-20 yuan / ton, the current North Taiwan Ping Steel , Sunlight is concentrated in the 3590-3750 class of higher yuan / ton; 2 Rebar Price mainstream continued to go down 10-20 yuan / ton, the current specification 16-25 Wuhu Zhongtian classes offer concentrated in 3500-3550 yuan / ton, the sales volume, the volume of 28 standard thread the library topped the list; 3 rebar mainstream offer stable and down 20 yuan / ton, the current specification 16-25 Ping Steel, Rizhao class offer concentrated in 3680-3780 yuan / ton, from a library point of view, 25 standard threads are still the most Selling Well.
Market feedback, following yesterday's sell into corrections shipping business after the opening this morning, the market again lower inertia. Can see two quality product rebar directly below 3,500 yuan / ton integer crossing, a number of business 2 in Wuhu in 3490 yuan / ton will be able to ship; 3 Ping steel re-portrait of all sales ,18-25 Specifications hanging in the 3660-3700 yuan / ton selling; and North Taiwan 8 standard high line also appeared 3580 yuan / ton in the attractive low price. Saw prices continue to surprise, but also heard steel futures prices rebounded, part of the demand finally himself, began to purchase admission. Business feedback, even though the market is still visited and cold high resources, low resources, but a marked improvement in transactions, some merchants raise prices then 10-30 yuan / ton range. In other words, two quality product thread in the 3,500 yuan / ton price sensitive, or get some support.
From a news perspective, Bureau of Statistics data show that from January to November this year, the national real estate development investment 3.1271 trillion yuan, up 17.8%, an increase of more than 1.2 percentage points from January to October; from January to November National housing construction area of real estate development enterprises 2.988 billion square meters, up 17.2%, increase compared with January-October increased 0.8 percentage points; housing new construction area of 976 million square meters, up 15.8%, increase compared with January-October increased by 12.5 percentage points; housing area of 442 million square meters completed, up 26.1%, increase compared with January-October increased 3.4 percent. From January to November, the National Sales of Commercial 752.03 million square meters, up 53.0%. From 9 December the State Council decided the content can also be seen to maintain housing consumption is the main spirit of the real estate control policies. Similar indications, Development status of the late real estate market is still good.
Throughout the national market, the market continued to fall today in North China, South China market was slightly lower, East China market appeared in the low signs of stabilization. Disk from the futures term, subject to price hikes news, Baosteel, pulled up sharply late today of steel, thread main 1005, the day the contract was up 62 yuan / ton to close at 4,334 yuan / ton.
Summary view, low stock prices stabilized, long active in the futures market, short term, the decline will be delayed.
