Today's billet: steady operation
At present, downstream steel companies purchase billets at low prices to replenish their warehouses. The supply and demand data show little, and the fundamentals are still generally weak. However, at the news level, there are many positive factors. Although the actual impact is limited, there is still some support for the bottom. It is expected that tomorrow's billets will temporarily stabilize operation.
Today's iron ore: Shock upward
The latest data shows that the output of molten iron remains high, the demand of steel mills is still there, and the inventory is relatively tight. In addition, favorable real estate policies have been continuously released, and market sentiment has strengthened. It is expected that the price of mines will fluctuate slightly tomorrow.
Coal Today: Slightly Increased
The terminal market has not improved, and the transaction performance is still weak. Some steel mills control the arrival of goods, which affects the shipment speed of some coke companies. However, considering that the macro policy is still underpinning the price, it is expected that Coke will be stable and relatively strong tomorrow. .
Steel Scrap Today: Partially Up
At present, the price of scrap steel is relatively high; coupled with the shortage of market resources and frequent market fluctuations, merchants mainly wait and see.
Today's pig iron: the main tone
After the first round of coke was lifted and landed, it temporarily stabilized, iron ore fluctuated at a high level, and raw material costs supported pig iron, but demand could not be released in the short term, and the market was in a wait-and-see mood.
The current supply and demand pattern of GI Steel Sheet prices ushered in an improvement, and the supply continued to shrink. At the same time, the weekly table demand increased, and the fundamentals continued to improve. In addition, judging from the recent macro policies, although the measures are relatively ineffective, they have been in the process of a slight recovery, and the support is still there. It is expected that the price of steel coils will rise steadily tomorrow, with a range of 20-50 yuan.
