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        Your present location:News Center >> News Center >> Industry News >> It is difficult to reverse the decline trend in August steel market will continue to fall
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        It is difficult to reverse the decline trend in August steel market will continue to fall

        Number of visits: Date:2012-08-12 11:43

        In July, the domestic steel market has accelerated decline in the trend, despite a slight rebound at the end of the month, but due to weak demand, market on August the steel city still more pessimistic expectations. The personage inside course of study points out, the relationship of supply and demand is the domestic steel market to the decisive factor, only the relationship between supply and demand is improved and further balance, market ability from the doldrums to economic recovery.

        According to monitoring data show, the July steel composite steel price index for 148.2, the chain fell 7.8%, or 6.5 percentage points from the previous month expansion. That month, the national steel steel price for 3853 yuan, down 328 yuan, already澳门金沙4833011.com/' 11 at the end of the level. At the same time, inventory of steel community is 15810100 tons, than in June rose to 319000 tons.

        Analysts pointed out that, in the weak demand, steel market to enter the off-season, steel market experience years maximum prices plummeted, futures, electronic disk fell sharply, futures prices from the weak shocks to drop apparently, and fell below 4000 yuan / ton.

        In steel prices at the same time, plant maintenance size also increased. Data shows, July steel production line maintenance amount was decreased somewhat June, but the number was significantly increased blast furnace maintenance. July long material maintenance production is expected to affect the output of 680000 tons, compared to June increased to 430000 tons; sheet (including strip ) maintenance production is expected to affect the output of 480000 tons, 460000 tons less than in June July; blast furnace maintenance production is expected to affect the output of 588000 tons per month, compared to about 60000000 tons of crude steel production, reduction of output amplitude is relatively small.

        August steel demand is still the traditional off-season, the cost of steel support continues to weaken, the contradiction between supply and demand pressures are still difficult to reduce, Baosteel, Anshan Iron and steel, sand, and other large and medium-sized steel enterprises in August prices are mainly following adjustable. The personage inside course of study points out, August is expected to the domestic steel market will continue, amplitude may be narrowed in July. With the fall of the construction season, in October 9,澳门金沙4833011.com/' steel demand will be released.

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