Last week (August 20 ~ 24th), the National Steel market price was first rose after the market. Li Lijuan, general manager of Shanghai Securities and Tianjin Sales department, pointed out that the early last week due to environmental protection good news surface fermentation, low inventory accompanied by the demand for better expectations, the spot price rose again. But as prices quickly pulled up, the market fear of high mood warming, the deal turned to light, especially in high, sales resistance, and due to the end of the fund is willing to enhance, the merchant at the low price to facilitate the exchange. Since the beginning of Wednesday, the current price has started to fall.

Comprehensive analysis, the recent domestic steel market price or high volatility trend.

Li Lijuan The main basis for making these judgments is: First, the environmental protection of the market to upgrade the role of the support still exists. Recently, the State Council dispatched 31 inspectors dispatched all over the country to carry out inspectors, dispatched provinces (autonomous regions, municipalities) and the Xinjiang Corps, the implementation of the Party Central Committee, the State Council to carry out the implementation of major decision-making field inspectors. According to the work arrangement, each supervision group of the State Council supervises 1 provinces (autonomous regions and municipalities) for a period of 10 days ~12 days. At the same time, before the end of 2018, Xuzhou shut down all independent ironmaking enterprises, in 2020 before the end of the existing 11 coking enterprises to implement shutdown, relocation, transformation, upgrading, integrated into 2 ~3 home integrated coking enterprise, pressure reduction of 50% of coking capacity ...

Frequency of iron and steel enterprises around the stage of the policy of limiting the supply of the expected tightening, the steel market to form a good support. Second, last week, the National Steel Composite Price Index week and month on the chain Rose. As of August 24, 2018, the steel composite price index reached 171.2 points, up 1.4% from the previous weekend, up 5.66% from the end of last month, and the long Lumber price index reached 188.3 points, up 1.43% from the previous weekend, up 8.13% from the end of last month. The plate price index reached 155.8 points, up 1.32% from the previous weekend, up 3.36% from the end of last month.

Last week's spot market, the average price of each variety of steel week and month year-on-year rise. Third, the National Steel social inventory from the rise and fall. Monitoring data show that August 24, the National 29 key cities of steel social inventory of 8.5614 million tons, reduced by 117,700 tons in the previous week, down 1.36%; the national key city construction Steel social stock is 4.7672 million tons, 101,000 tons less than the previous week, down 2.08%

The National key City plate social inventory of 3.7942 million tons, compared to the previous week 16,700 tons, decreased by 0.44%. Four, the import iron ore market remained stable last week. Monitoring data show that as of August 24, imports from Australia's 58% grade iron ore powder price of 54 U.S. dollars/ton, imported from Australia, 61.5% grade iron ore powder price of 60 U.S. dollars/ton, imported from Australia, 62% grade block ore price of 83 U.S. dollars/ton, compared with the previous week,

Three types of imported iron ore prices are basically flat. Li Lijuan said, with the gradual release of positive factors, the market digest part of the positive, rising momentum is weakening. In addition, last week, steel price increases accompanied by the contraction of the deal, there is the price of air up the composition of the downstream for the high price acceptance. Fear of high sentiment in the market reached its highest point last week, when the snail hit 7-year highs, always around at 4200 yuan/ton price fluctuations. At present, the positive stimulus appears "empty window period", fortunately steel and social steel stocks are still low. August 24, the industry agencies surveyed hundreds of small and medium-sized steel enterprises, calculated by volume of blast furnace operating rate of 81.1%, compared to the previous week down 0.13%. In addition, environmental protection limited support is still in. Overall, in the absence of significant positive stimulus, the recent steel market or in high volatility.

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