Steel unite message information, monitoring according to the ministry of commerce, last week (September 15 to 21) 36 large and medium-sized cities across the country edible agricultural products market prices rose slightly, circulation of production prices continue to fall. The steel prices fell by 0.5%, the plain round steel, hot rolled strip, hot rolled sheet prices fell by 0.9%, 0.8% and 0.7%, respectively.

Last week my steel net "Myspic composite index weak downward, at 111.39, a 0.24% decline from the previous week, decline slowed sharply. The spot market price shock slump, the main varieties between different degrees of decline.

Last week the European and American economic trends continue to differentiation, the American economy overall is still positive, raising interest rates expected to temporarily eased. Europe's economic situation is still grim, is facing a low growth, low inflation and high debt and high unemployment, economic conditions, the European central bank announced in September, the first round of the directional long-term loan scheme (TLtrO) fixed interest rates at 0.15% with 82.6 billion euros in loans, less than market expectations of 100 billion to 300 billion euros. Domestically, the whole society power consumption fell 1.5% year on year in August, the central bank to the five lines for a total of 500 billion yuan of SLF (standing lending facilities), the deadline for three months, equivalent to a full drop 0.5%. A number of economic data showing the economy of endogenous power is weak.

Cisa, according to the latest figures national key steel mills in September crude steel output was 1.7954 million tons a day, on a ten-day growth of 7.1%. Early September, at the end of the key steel mills steel stock 15.136 million tons, compared with the previous one XunMo grew 6.3%, up 3.9% over the same month. The last trading day last week in the stock index futures fell sharply again, rekindled the pessimistic atmosphere of the market. But the market prices are rising again of steel, but the market the price of the finished material generally favored cautious reaction, in general, the downstream end demand is difficult to recover, market fundamentals do not get much better short-term steel prices are expected to continue weak shock.