According to the latest market report provided by the well-known steel information agency "My Steel", last week, the domestic steel market's bullish mentality tends to be strong, and the quotation is rising. The increase of long products is larger than that of flat steel. Although market confidence has rebounded, the fundamentals of the steel market are not yet fully reversed.

According to the monitoring of “My Steel”, the domestic steel spot market performed well in the past week. Since last Monday, the turnover of the long products market has rebounded significantly, and the prices of steel mills have also risen. Businesses have a strong bullish attitude and market confidence has picked up. The flat steel market remained in a stable and wait-and-see state in the early part of this week. However, in the latter part of the week, driven by the high price of the long-term price, the merchants “can not help but rise the impulse”, the price has seen a large increase.

According to analysis, the national construction steel market showed a rising trend, and the rise in North China and East China markets was the most obvious, with the average tonnage price rising more than 50 yuan. Affected by energy conservation, emission reduction and power curtailment, the amount of steel resources in various regions has not increased significantly. Although the northern region is about to enter the winter, the current demand has not significantly shrunk for the time being, and resources have not flowed into the southern market. Due to the uncertainties in the later market, the opinions of the merchants are different and the overall attitude is cautious.

The domestic hot-rolled coil market has not completely escaped from the shock pattern, but under the support of cost, it has shown a slight upward trend. Last week, “intermediate demand” became more active. The terminal demand suppressed by the previous market's continued shocks also showed signs of release in the near future, which brought certain support to steel prices. It is expected that the market may continue to maintain a volatile upward trend in the near future, but its space is limited and should not be too optimistic.

The price of the domestic cold-rolled coil market is also rising slightly, and the transaction of low-priced resources is relatively smooth, but the transaction is concentrated in the intermediate link, and terminal procurement is still more cautious. Some market analysts told reporters that the plate market can continue to rise in the channel, "still to be observed." As the winter approaches, the demand in the north will turn weak. In the later period, some surplus resources will inevitably appear southward. Considering that the inventory in the southern market will rise moderately, the sales pressure in the southern market will still be large. Recently, major steel mills will gradually introduce the December price policy. It is unlikely that the ex-factory price of mainstream resources will be raised significantly. The attitude of steel mills to the later market is also based on caution. However, the "bottom" of cold rolled coil prices is gradually becoming clear.

Some merchants believe that the current supply and demand leverage in the steel circulation has not changed fundamentally. The next steel market pattern will be: with the weakening of the influence of some “bad” news, the cost support will ensure that there is no room for a sharp decline in steel prices; at the same time, some “good” factors have emerged in the near future, but they are not yet available. The conditions for reversing the fundamentals of the steel market. The steel market will continue to be dominated by narrow fluctuations.

Shanghai construction steel prices rose sharply
According to the latest market report provided by the well-known steel spot trading platform “Xiben Shinkansen”, Shanghai construction steel prices suddenly “turned around” after a month of sideways entanglement, “intermediate trade” tends to be active, and inventory is lightened. At the same time, steel raw material prices are steadily rising, and steel mill prices are rising.

According to monitoring, at the beginning of November, Shanghai construction steel prices appeared to be “opening the door” on a monthly basis. Some market analysts said that the local supply tension caused by the increase in energy conservation and emission reduction in Hebei Province was “the top priority”; the loosening of demand release followed; and the global currency over-expected expectations strengthened, and commodities rose. Forming a strong cost support, “three factors superimposed”, the steel market has obtained “short-term upside”. According to analysts, the impact of the capital market on the steel market can not be ignored.

Flu Test Kit

FLU A&B Antigen Detection Kit (Colloidal Gold Method) is an in vitro rapid qualitative test Detection of influenza A and B nucleoprotein antigens directly from the nose swabs and nasopharyngeal swab samples collected from patients with symptoms and signs of respiratory infection. It is designed to aid in the rapid identification of influenza A and B virus infections.

Flu Test Kit

home flu test kit,flu test kits,flu testing kit,rapid flu test kit,flu home test kit

Yong Yue Medical Technology(Kunshan) Co.,Ltd , https://www.yonyue.com

Posted on