May 22 -- May 26, the Xiben Steel index closed at 3790 yuan/ton, down 200 yuan week on week. Xiben information monitoring data shows that as of May 26, the average price of the national 69 major markets 25mm specification three level rebar is 3816 yuan/ton, week on week down 143 yuan/ton; High line HPB300φ6.5mm 4013 yuan/ton, week down 132 yuan/ton.
In this period, the overall price of construction steel across the country market fell: among them, the northern market fell, steel mills followed down; Demand in the south is weak and has fallen sharply. This week, the Xiben steel index fell sharply, the cost index moved down, but the former fell more, showing that long process steel mill profit space is compressed; This week the main contract of steel rebar futures rose, the spot market has a stimulus effect.
Futures, this week's black main contract fell: iron ore shock adjustment, coke continues to weaken, hot coil and thread both broken. Among them, the hot roll 2310 contract closed Friday night at 3610 yuan, compared with last Friday 3707 yuan/ton down 97 yuan; Rebar 2310 contract closed at RMB3,481 a tonne on Friday night, down Rmb152 from RMB3,633 on Friday. From the trend of the whole week, the iron ore and coke at the raw material end warmed up after falling, and the hot coil and thread low rose at the finished material end.
Looking back on this period, the news surface is not good, the price of raw materials fell, thread spot once plummeted, what changes appear in the current industry surface? What is the trend of steel price in later period? Take a look at the relevant inventory data monitored by Xiben Information, and then make a specific analysis.
