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Weak market turnover of 12 steel index (Myspic) accelerated decline

Release time: 2015-12-12
Browsing times: 76

November 12th domestic steel index (Myspic) composite index reported 74.1 points, compared with the last trading day down 0.39%. Iron ore price index (MyIpic) composite index was at 59.3 points, compared with the last trading day. Today, the snail continued to decline, the price of steel billet weak stability. Spot market steel prices continue to decline, the decline in the prices of all varieties showed enlarged, clinch a deal is still weak, market confidence is more pessimistic, businesses in general in order to speed up the delivery mainly, but the effect is not ideal. Tomorrow's steel market prices will continue downward.

November 12th long material index was at 85.05 points, compared with the last trading day down 0.41%. Today, the lo 1605 contract closed down 1765, 1.12%. Today, the construction of steel market prices decline, Shanghai, Hangzhou, Guangzhou, Zhengzhou, Tianjin, Harbin, Lanzhou market prices fell 10 - 40 yuan / ton. Shanghai market prices continued to fall, affected by the rainy days, the market shipments difficult, together with the demand sustained downturn, businesses expected more pessimistic is expected tomorrow market prices will continue to weaken. Tianjin market prices fell slightly in billet prices fell to 1540 yuan / tons, in addition to clinch a deal of poor, weak market confidence, is expected to tomorrow's market prices continued to show a decline. 12, the country's 25 major markets HRB400 (20mm) rebar price reported 2081 yuan / ton, compared with the last trading day price fell 10 yuan / ton.

November 12th flat material index was at 63.63 points, compared with the last trading day down 0.34%. Among them, the hot rolled plate volume index and the plate index fell 0.31% and down 0.29%. Today the coil 1601 futures contract rose 0.17% to close 1776, lighten up volume. Today, the hot market prices fell slightly, Ji'nan, Hangzhou, Guangzhou, Wuhan, Beijing, Tianjin, Chengdu, Xi'an market prices fell 10 - 40 yuan / ton. Hangzhou market price down slightly, the market turnover is not good, coupled with the arrival of new resources, the contradiction between supply and demand highlights, the market price is expected tomorrow will be down. Beijing, Tianjin market prices fell slightly, the arrival of new resources, supply and demand increased, coupled with the lack of power, business price shipments increased significantly, the market price is expected to continue to be vulnerable to run. 12, 24 of the national market 3.0mm hot rolled coil prices reported 1980 yuan / ton, compared with the last trading day down 8 yuan / ton.


Today, the domestic plate market prices dropping shock, Hangzhou, Hefei, Wuhan, Tianjin, Shenyang, Chengdu, Xi'an market price fell 10 - 20 yuan / ton. Lecong plate prices fell slightly, in the stock relatively low, some specifications of shortage and businesses wait and see attitude is strong, is expected to tomorrow's market price or the weak steady. Chengdu market plate prices slightly weaker, turnover is relatively low, low resources influx and businesses pessimistic attitude, actively selling mainly is expected tomorrow the market price will continue to weaken. 12, 23 major markets in the country s & P 20mm board price reported 1984 yuan / ton, compared with the last trading day down 7 yuan / ton.

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