Last week (August 13 ~ 17th), the domestic steel market price is rising, the construction of steel prices lead up. Li Lijuan, general manager of Shanghai Securities and Tianjin Business Department, pointed out that from the demand, the national infrastructure to supplement the short board policy was introduced, the second half of the infrastructure investment mainly focused on the central investment in the railway, Water Conservancy, as well as special debt to the rail transit and toll road areas, the national development and reform Meanwhile, the Ministry of Finance is also speeding up the issuance and use of special bonds in the second half of the year, activating the financial reserves and promoting the early completion of the projects under construction. From the point of view of environmental protection, the defense of the Blue sky in all parts of the country, the steel industry's environmental protection limited and ultra-low emission transformation continued to upgrade the spread.

Overall, in the construction of the demand for good and environmental protection policies more stringent impact of the recent domestic steel market prices or shocks.

The main basis for making these judgments is: First, environmental protection limited upgrade, the market bullish atmosphere is strong. Last week, environmental Protection Limited news successive, Hebei province Tangshan Yutian County, Zunhua and Qianxi County implementation of emission reduction measures, iron and steel enterprises sintering machine, shaft furnace, lime kiln to implement the 50% measures. At the same time, in order to tie in with Tangshan Fengnan District SO2, NO2, CO pollution emission reduction measures, the local increase in steel blast furnace limited to 50%, prohibit the occurrence of braised BF instead of Stop blast furnace, the relevant policies began on August 12. In addition, Guangdong, Chongqing, Tianjin, Hebei, Xi ' an, Shaanxi and other more than the deployment of pollution control of the specific work arrangements, clear stage objectives, detailed implementation of specific measures.

Local pollution prevention and control battle intensive, the market to form a strong positive stimulation, the price of a time spiral rose, billet price breakthrough 4000 yuan/ton, spot the variety with the rise, aggravating the market bullish atmosphere. Second, the National Steel Composite price index rose.

Last week, the National Steel Composite price index reached 168.5 points, up 1.34% from the previous week, up 7.06% from a year earlier. Third, the average price of steel rose.

Last week, the spot market, the average price of various varieties of steel week and month year-on-year rise. Four, the National Steel Social inventory has been continuously rising for 3 consecutive weeks. Monitoring data showed that August 17, the National 29 key cities of steel social inventory of 8.679 million tons, 113,600 tons more than the previous week, an increase of 1.32%, compared to the previous week's increase speed of 0.07 percentage points.

Among them, the national key city building steel social inventory of 4.8681 million tons, increased by 64,900 tons than the previous week, up 1.35%, from the previous week's decline to rise; the national key City plate social inventory is 3.8109 million tons, increase 48,700 tons in the previous week, up 1.29%. Its five, last week imported iron ore prices fell slightly. Monitoring data show that, as at August 17, imports from Australia, 58% grade iron ore powder ore price of 54 U.S. dollars/ton, the previous week decreased by 1 U.S. dollars/ton; the price of 61.5% grade iron ore powder imported from Australia was 60 USD/ton, which fell 2 USD/ton in the previous week; imported from Australia 62%

Grade iron ore rock mine price is 83 USD/ton, lower than 1 USD/ton in the previous week. Li Lijuan said, from the big environment, whether it is the national macro-economic policy, environmental protection policy, or the actual production level of steel enterprises, are moving in a favorable direction, so the steel price trend is strong. But it should also be seen that short-term steel prices rise too fast after the risk of callback.

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