This week (JUL.17-JUL.21) Steel market price trend of high volatility, the trend of falling back, especially the futures market performance is more obvious, showing La trend, spot market prices are relatively strong, this week, whether it is the early stage of the rise or late fall in the amplitude is relatively rational, market mentality relatively healthy operation. As of July 21, 2017, the Lange Steel Composite price index reached 146.2 points, up 0.89% per cent in Friday, and Lange Steel's long material price index reached 160.9 points, up 0.72%, and Lange steel sheet price index reached 133 points, up 0.83%.

Monday, the National Bureau of Statistics published the first half of the economic data, overall performance is relatively bright. In the first half year, GDP grew 6.9%, better than market expectations. JAN-June Fixed asset investment grew by 8.6%, and the growth rate was flat in the previous May, with infrastructure investment, which had a huge impact on steel consumption, 21.1%, up 0.2% more than May.