【Fundamental changes】 Thread market: Yesterday, domestic construction steel prices down the general, the transaction in general. Affected by the poor performance of poor futures, downstream procurement enthusiasm is poor, the overall market turnover is too small, some businesses continue to cut prices, but the transfer of resources is too small thread shipping is still poor. It is expected that today's building materials market prices will be the following actors.

 

Hot-rolled market: Yesterday domestic hot-rolled coil market prices fell slightly, the overall market transactions in general. The current market inventory resources are relatively high, the merchant shipping pressure is not, the price fell space is limited, but the demand for the continued downturn, making business mentality has changed, the operation is still shipping-based, lack of price support. It is expected that today's hot-rolled market prices will run weakly.

 

Material Price: Tangshan area 20MNSI billet reported 3190 yuan, down 30; Q235 billet reported 3090 yuan, down 30.

 

Comprehensive analysis of the steel spot market yesterday, continued weakness, lower downstream procurement will lead to a slight market turnover, Tangshan billet prices fell 30 yuan / ton, the overall market sentiment bearish, short-term price of black varieties will remain weak.

 

At present, the profit of steel mills is very impressive, blast furnace operating rate continues to rise, the late supply of steel pressure will gradually increase, but the downstream procurement enthusiasm began to subside, steel spot prices will fall high, steel prices under pressure. Is expected today's thread 1710 contract fell, target 3000; hot rolled 1710 contract fell, target 2950