The raw materials are generally weak and turbulent. The period of tight supply of Q690D steel plates has long passed. It is difficult to change the downward pressure in the long-term. Double-coke inventory is high and steel mills purchase on demand.
Looking at the futures market, the 2001 daily chart of the futures spiral is in a volatile upward trend. The weekly chart rebounded slightly at the low level, but the MACD indicator line is located near the 0 axis, and the upward momentum is insufficient. The current price is close to the 3400 pressure level. to be observed. The hot coil is weaker than the thread, and the overall weak shocks do not have room for sharp recovery. The lack of direction guidance in the market outlook maintains a narrow range of shocks.
Judging from the utilization rate of blast furnace capacity, there is still room for decline from the previous month. Data show that 47 of the 138 blast furnaces in Tangshan this week (excluding long-term shutdown) have a total volume of 36,900m3. The output is about 735,900 tons, and the capacity utilization rate is 72.76%, an increase of 7.27% from last week, an increase of 5.03% from the same period last month, and a decrease of 7.46% from the same period last year.
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- Q690D钢板市场需求较弱 [2019-11-27] Q690D steel plate market demand is weak
- Q690D钢板预期增加 [2019-11-15] Q690D steel plate is expected to increase
- Q690D钢板当期库存水平 [2019-11-13] Current inventory level of Q690D steel plate
- Q690D钢板市尝试回涨 [2019-11-01] Q690D steel plate market tries to rebound
- Q690D钢板市场氛围缓和 [2019-10-24] The atmosphere of Q690D steel plate market is easing
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