After hot-rolled coil plate market will continue to adjust the market

After entering August, hot-rolled coil market price impulse can not enough, the entire market price to wide-scale volatility market-based, the specific range of 20 / ton to 100 yuan / ton. As of August 21, the average price of hot-rolled coils in the domestic market was 3,772 yuan/tonne, down 131 yuan/tonne month-on-month.

　　After the early period of deep decline, the current market price decline slowed down, different regions of the market began to appear to be different. Northwest and southwest markets, hot-rolled coil prices are still in the downward channel, East China, South China market hot-rolled coil prices have begun to rise.

　　This shows that after the previous down market, the current hot-rolled coil market into a new round of adjustment bottoming, steel price inflection point is likely to appear in the near future. In the author's opinion, with Shandong, Shanxi, Sichuan and other places of steel mills regional joint production restriction policy landing, the late hot-rolled coil market supply will be further reduced, which helps to ease the market supply and demand contradictions, and thus promote steel prices to stop falling and stabilize. However, considering August as a traditional steel consumption off-season, market demand in the short term is difficult to increase, it is expected that the late hot-rolled coil market unilateral upward market is not likely to appear, more will continue the shock adjustment market.

　　As the market supply and demand situation improves, the market price of hot-rolled coils may be stronger. On the one hand, the market's boost effect from environmental restrictions is still ongoing. Therefore, steel traders in the operation of more choice to explore the price of up and pull up, which to a certain extent to promote the steel price. At this stage, downstream users more continue the on-demand procurement model, market demand has not been obviously released, market transactions have not seen a substantial improvement.

　　In this case, the market price of hot-rolled coils does not have a strong rebound condition in the short term. On the other hand, the impact of the continued decline in iron ore prices on the cost of hot-rolled coils has begun to show. With the later cost loosening, do not rule out that there are steel mills to actively reduce factory prices. This has a certain negative effect on the hot-rolled coil market.

　　However, considering that the current stage of steel mills in order to maintain profitability, the possibility of a sharp reduction in steel prices is not great, steel prices will continue to adjust the market. To sum up, at this stage hot-rolled coil market does not have a big rise and fall market, the market presents a weak situation of supply and demand, steel prices continue to decline in strength has been reduced. Therefore, in the absence of significant positive appearanceand and strong demand stimulus, the late hot-rolled coil market will continue to adjust the market, the entire market will be more in the shock to seek a new breakthrough.

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