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Spiral Plate Market Prices Yindie Hard Again Reversed Only

Steel market prices continue to run in the vulnerable state. The price of construction steel market rebounded two weeks in a row where the trend in the re-emergence of the middle and late reversal this week, the market prices were slightly lower rate of significant individual market prices. The hot rolled coil,

Plate , Cold rolled coils to maintain the market remains weak downward trend, more than most of the price Yindie, no noticeable improvement in market transactions.

Construction steel: to enter since late October, after the domestic construction steel market prices continued to fall sharply after the emergence of a small round rally, especially in Shanghai as the representative of a larger Southern market price rises. And to Beijing, Tianjin, North China market, as represented by the market price has remained strong run, part time, market prices were slightly rebounded. Prices steadied and even a small rebound, the user wait and see mood significantly decreased, the price collapse of the rigid phase is suppressed demand for the release of a certain degree, driving up market prices. In addition, North, Northeast, Northwest and other sites appear to some looting period, rush job, thus increasing the amount of construction steel, the formation of an effective market price support. Meanwhile, the decrease of the steel shipments, the market supplement limited resources, resulting in domestic construction steel market in most parts of resource constraints, support prices. Late this week in the domestic construction steel market, which jumped degree slow, pre-stretched resources in succession to add something, prices began to loosen. International and domestic economic slowdown, market demand, the performance of light, business mentality of the market outlook is still not optimistic. Countries, through lower interest rates, down payment, loan amount and other means to increase the fund to stimulate the real estate market with little success, both home sales or real estate under construction and there is no significant improvement in the overall construction steel market will remain volatile adjustment downward trend.

Steel mills, the South take the initiative to adjust the steel sand steel prices in early November, in which

Rebar Prices remained stable, high-line price increases 50. The market price is rising stage, eight steel

Water Steel , Desheng, Qingdao Steel, Lianyuan Steel, Jinan Iron and Steel Min source, Fujian peppers, medium and small steel rebar prices have to follow the slightly raised, range in between 30-50 million more. The Shaanxi Longmen Iron and Steel construction steel prices up sharply 150-250 dollars, prices in local areas and significant stimulus.

John Steel The ripple of the high price of steel and other steel mills listed price down to close to the market.

According to Lange Steel Information Research Center, market monitoring, as at 7 November, 10 major cities 25mm national average price of 3653 yuan Rebar (tons of value, the same below), compared with the same period fell 38 per week, compared with the previous months or 435 yuan over the same period, compared with May 14 record high of 2,011 yuan 5,664 yuan down. 10 major domestic cities 6.5mm average price of 3618 yuan higher line than the last week or 35 yuan, down 384 yuan over the same period last month than June 12 record high of 2,379 yuan 5,997 yuan down. Xi'an, Zhengzhou, Wuhan, the main market price trend is still up, but in Shanghai, Hangzhou, Guangzhou and other eastern and southern China have appeared in major cities prices decline more evident, Beijing, Tianjin, Shenyang and other major cities in the north prices stable, but weekends only signs of decline have appeared vulnerable.

Hot-rolled coil

: Domestic hot rolled coil market this week failed to stop the momentum of decline, a substantial regional price in the market transactions are not turning around the situation continued to fall, Tianjin, Tangshan, and some major cities prices have already broken the North 3. As of 7 November, 10 major cities in China 5.5mm hot-rolled coil average price of 3,112 yuan, down 111 yuan more than last week, fell 752 yuan over the same period last month than in June 5th highest point of 5,960 yuan fell 2,848 yuan . Around the market price of hot rolled coils were Yindie state, market price downturn in the volume constantly declining slightly. Shenyang, the higher pre-market prices decreased more, reaching 300 yuan, while Shanghai and Tianjin, cities fell by at 80-100 per hour, most of the city fell in the range of 50 up and down. October some domestic steel hot rolled coil production line arrangement for a long time, maintenance or active cut, affecting the overall output of hot rolled coils of 100 tons. The case of a substantial cut steel prices have not stabilized.
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