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The steel city before feast before will be up again?

Aug 20,2018
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Domestic economic foundation is not firm, rail investment than expected, dissolve the capacity fade in effect, the aim of crude steel production declined obviously, steel exports remain high, effectively alleviate the supply pressure, steel inventories declined obviously, social inventory continuous picks up, demand has not been clear to follow up, low price clinch a deal the improved markedly, the hong kong-listed before tight trading range.Next week (2016.9.12-9.14) for domestic steel market to range trade.
2016 37 weeks (2016.9.5-9.9) Lange steel national steel composite price index reached 106.4 points, down 0.59% compared with last week, up 21.71% from a year earlier.Among them, the LGMI long products prices index was 108.8 points, down 0.36% compared with last week, up 17.40% from a year earlier.LGMI material price index to 109.7 points, down 1.05% compared with last week, up 17.12% from a year earlier.LGMI plank price index to 103.4 points, down 0.74% compared with last week, up 27.80% from a year earlier.LGMI pipe price index to 109.5 points, down 0.44% compared with last week, up 15.53% from a year earlier.
According to Lange steel cloud business platform, according to the monitoring data of 2016 week 37 domestic original fuel parts of steel and steel products 17 class 44 specifications (varieties) of price changes are as follows: the main varieties of steel market price swings down, compared with last week, rose varieties decreased, flat varieties increase slightly, falling a little increase.Six varieties, fell seven last week;13 kinds of flat, increase from last week three;Fell 25 varieties, to increase the four last week.Domestic steel market price shock consolidation raw materials, iron ore market fell 7 yuan, coke market prices to maintain smooth, scrap steel market prices 30-50 yuan, steel billet market prices down 50-90 yuan.
Price forecasting model according to Lange steel business platform of cloud weeks data calculation, next week (2016.9.12-9.14) for domestic steel market prices will shock consolidation, long products strong trend in market prices will be stable, profile in the market price will be steady weakening, plank market prices will fall, steady decline in pipe market prices will be stable.Lange steel national steel composite price index is expected to near 106.2 fluctuations, steel price in 2920 yuan, averaging 20-70 yuan;Long among them, the material price index is expected to near 108.9 points, up 0.1 points;Material price index is expected to near 109.5 points, down 0.2 points.Plank price index is expected to near 103.1 points, down 0.3 points.Pipe price index is expected to near 109.2 points, down 0.3 points.

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