On the 14th, the morning post of the steel market

On June 14, the steel Market Morning Post: the market was obviously weak, and the quotation was weak. The monitoring of China's steel market showed that on June 13, the national average price of 6.5mm high-speed wire was 3455 yuan/ton, down 8 yuan/ton compared with the previous trading day, the average price of 20mm secondary rebar was 3438 yuan/ton, down 12 yuan/ton compared with the previous trading day, and the average price of 20mm tertiary rebar was 3468 yuan/ton, down 10 yuan/ton compared with the previous trading day. The average price of 8mm common medium plate is 3860 yuan/ton, down 7 yuan/ton compared with the previous trading day; the average price of 20mm common medium plate is 3586 yuan/ton, down 6 yuan/ton compared with the previous trading day; the average price of 20mm low alloy plate is 3754 yuan/ton, down 7 yuan/ton compared with the previous trading day. The average price of 3.0mm hot coil was 3595 yuan/ton, down 2 yuan/ton compared with the previous trading day. The average price of 4.75mm hot coil was 3492 yuan/ton, down 1 yuan/ton compared with the previous trading day

as for the market, after June, the market continued to operate in a weak and sluggish state. There was no new improvement and it was still not so prosperous. Prices were in the process of bottoming out. Although there was a short rebound, it was not recognized by the market. But the general traders have expected. In addition, as the off-season approaches, steel mills gradually increase production reduction in the severe situation of poor sales, increased inventory and shrinking benefits, which is a hot spot affecting the market change of the steel market in the later stage. The process of de stocking is accelerated, and the situation of oversupply in the steel market in the later stage will be eased, or the steel price will stop falling and stabilize

according to the data, 24 steel mills in China arranged maintenance in June, affecting the steel output of about 2.061 million tons (if the maintenance time is not determined, 110, 120 and 130 groups of plastic parts with the most stable shrinkage characteristics can be used to calculate the dimensional tolerance for one month, excluding the repeated calculation of blast furnace maintenance). The affected varieties involve construction steel (including rebar, wire rod and bar), medium and heavy plate, hot rolled coil and cold rolled coil, among which the construction steel has the greatest impact on the output. Among the main varieties, the output of construction steel is 1136000 tons; The output of medium and heavy plate is 325000 tons, and that of hot rolled coil is 360000 tons

in terms of cost, the price of Tangshan common square billet fell 10 to 2900 yuan/ton yesterday. At present, Tangshan finished products have fallen slightly, and the transaction is not good. The downstream purchases the billet on demand, and the dealers are mainly on the sidelines. The overall transaction in the billet market is weak, while customized products are more suitable for the emerging new demand. It is expected that the weakness of Tangshan billet market today will be difficult to change

on the news front, recently, Centaline real estate data showed that during the Dragon Boat Festival holiday, a total of 9120 new residential units were signed in 54 major cities across the country, down 34.86% from 14000 units during the May Day holiday. Although the implementation of the "five national regulations" in various regions is not strong, credit and other aspects have been tightened, and the "high fever" trend in the property market has slowed down slightly. The overall market was severely overdrawn before the promulgation of the "five national rules" in March, and the demand and housing supply were significantly reduced. In addition, an important reason for the sharp decline of a shares may be that the increasingly tight capital 3 is to accurately make up for the short board of equipment. It is expected that the tight financial situation will hardly show signs of improvement in the whole June

on the whole, the futures steel rebounded from oversold yesterday, and the spot price fluctuated and consolidated. In addition, there are no other positive factors, and the market has strong bearish sentiment. It is expected that the short-term downturn will be difficult to change, and the current price will continue to weaken and adjust