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Shandong xinhe international market weak downward. Steel plate, steel pipe, steel price is on a deal fell

At present, shandong xinhe follow hong kong-listed mainstream domestic market with the international market, to continue the pattern of rising and falling. Leave high to go today, because of the low futures, spot market transaction has certain improvement. But as a whole, the market demand is bad, do not have impact on the power, so the overall achievements, the more general mills: cost index rose slightly in November, the steel price index fell sharply, visible, that month slashed profit space, the current steel construction has narrowed, but production is still low. Requirements on the terminal end demand continues to weaken, supply side pressure remained. In sino-us trade friction situation, on the other hand, slow and limit production policy, under the drive of the short-term market slightly optimistic. It is understood that the city issued “about heavy pollution weather Ⅱ start emergency response level notice to leak tighter, short-term is support for market confidence. Early release peak production, however, there is still no specific execution time, so their production support efforts still need to focus on. In general, the domestic market of shandong xinhe price or continue to run the weak.
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Post time: Jan-21-2022