At present, the steel stocks decreased significantly, especially long material resources decline is more obvious, there is news that the recent market in the "shortage of resources" state, steel mills control the delivery rhythm, circulation of some resource specifications shortage. According to statistics, last week the country's 35 major market rebar stocks of 4.362 million tons, down 393,000 tons, down 8.26%; wire stock volume of 1.382 million tons, a decrease of 86,000 tons, a decrease of 5.86%.

       On the other hand, in 2017 China will completely clear the "land of steel" and other backward production capacity, and asked by the June 30 all banned. Insiders said that in May the environmental inspection led to the concentration of steel production, with the fight against 'to the steel' to increase the intensity of some areas of scarf resource shortage, the market generally feedback out of stock, out of stock, Business prices are higher prices.

       Overall, taking into account the current shortage of market resources is still in place, coupled with the steel and the cost of steel market for the city there is still some support, the Dragon Boat Festival, the price changes will not be great. As for the postganglionic market, with the arrival of the traditional off-season in June, the actual demand downstream has been reduced by no increase, the market outlook is expected to continue upward resistance.