Affected by environmental protection, the stocks of various iron plants are low, and some iron plants will stop production at the end of the month as required. The supply will be reduced again. Some downstream companies will stock up in advance. Tomorrow's Q550D steel plate market is mainly stable.
During the day, the black line fell across the board, and the raw material end fell sharply. Futures snails fell 39 to close at 3373, hot coil fell 33 to close at 3321, the decline in finished products has narrowed compared with last night's trading, but has not changed the weak form. Raw materials coke led the decline, down 51, or 2.9%, to close at 1699. Iron ore fell 14.5, a drop of 2.39%. Coking coal fell 10.5 to 1224.5. The market outlook for raw materials continued to weaken.
In the spot market, various types of steel products generally fell. Among them, the main thread market fell by 10-40, the hot coil portion fell by 10-30, and the middle plate portion fell by 10-20. Since late October, steel prices have oscillated and rebounded, and the recent upward movement of futures has been blocked, which has weakened market sentiment once again, with transactions tending to be cautious and shipment-based. Qingdao Building Materials Second Update: Laiwu Iron and Steel 16mmHRB400E rebar is cut by 100 to 3970 yuan / ton.
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- Q550D钢板社库相对下降 [2019-11-13] The relative decline of the Q550D steel sheet warehouse
- Q550D钢板价格强势整理 [2019-11-07] Q550D steel plate price consolidation
- Q550D钢板低位回升 [2019-11-01] Low rise of Q550D steel plate
- Q550D钢板供给预期 [2019-10-30] Q550D steel plate supply forecast
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