On May 10, the national construction steel turnover totaled 136,132 tons, 5.88% less day on month, 12.43% less week on week. Trading volume relative index, the national 58 decreased by 3.6, the north 35.9 decreased by 8.8, East China 83 increased by 2.4, the south 45.2 decreased by 6.8.
May 10, the national construction steel trading volume (840 samples) total 355,529 tons, day on month down 9.72%, week on week down 5.19%.
On Wednesday, the national construction steel trading volume monitoring data showed that light trading; Subregional view, today the country's provinces of construction steel trading volume continues to decline, specifically see the southwest of the decline of more than 20%, northwest, North China, central China, the decline of more than 15%, the provinces of trading volume continues to decline. Today's spiral shock down, the day fell below the new low, spot all day down 30 yuan/ton or so, the terminal procurement enthusiasm is not high, speculative wait-and-see mood, spot prices continue to fall, the overall trading atmosphere deviation; At present, the current stage of the real supply and demand fundamentals have not improved, the demand into the off-season performance is difficult to have a big improvement, the supply pressure after the periodic adjustment of some regional steel mills have resumed production, late supply strong demand weak pattern is difficult to improve, short-term rebar price pressure operation.
