Steel price forecast on the 11th: the policy will be issued in the middle of the year, and the steel price will be stable. See the consolidation.
yesterday, the mainstream trend of domestic steel price showed a stable and minority consolidation operation. As of yesterday, the lowest price of domestic three-level thread in North China was about RMB/ton for 20mm three-level thread in Handan and Tianjin markets, and about RMB/ton for the same specification in East China Shanghai and Hangzhou markets; The lowest price of 20mm Pu board in North China is about yuan/ton in Tianjin and Shijiazhuang markets, and the quotation of the same specification in Hangzhou market in East China has fallen slightly to about 3550 yuan/ton. In addition, as of yesterday, the average market price of 20mm HRB400 deformed steel bar was 3507 yuan/ton, up 2 yuan/ton from the previous trading day; The average price of 20mm plate in the mainstream market was 3582 yuan/ton, up 2 yuan/ton from the previous trading day; The average market price of 4.75mm hot rolled coil is 3559 yuan/ton, up 2 yuan/ton from the previous trading day; The average market price of 5 × angle steel is 3550 yuan/ton, down 2 yuan/ton from the previous trading day
news merchants include mail: on the first Thursday of July, the loans of big banks rebounded strongly and increased by nearly 170 billion yuan. Organic plywood materials are very suitable for light and cost-effective material solutions and high stiffness fields. Shanghai Securities News learned from people familiar with the matter that the lending of major banks on the first Thursday of July was different from the usual, with a sharp increase of nearly 170billion. This anomaly was seen as a strong rebound based on the suppression of loan lending at the end of June. "In June this year, liquidity tension was rare, banks' ability to obtain positions was weakened, and at the same time, there were requirements to meet the deposit loan ratio at the end of the quarter. Under the premise of sluggish deposit growth, banks naturally wanted to suppress the release of loans. Therefore, in July, with the improvement of liquidity at the beginning of the quarter, loan demand may be released centrally." Lian Ping, chief economist of Bank of communications, said
cost: Tangshan 150 billets reported a steady 3070 yuan/ton this morning. In addition, WISCO issued the price policy for August yesterday, raising the price of hot-rolled coil by 100 yuan/ton, cold-rolled coil by yuan/ton, and other products such as medium and heavy plates temporarily operated stably. After adjustment, SPHC 3.0mm*1250 hot coil was reported at 3690 yuan/ton, Q195 1.0mm*1250*c cold coil was reported at 4120 yuan/ton, and Q235A medium plate was reported at 3600 yuan/ton, excluding tax; Shangang building materials increased by 40 yuan/ton, and now the three-level thread is reported at 3820 yuan/ton
Futures: rb1401, the main contract of rebar, opened low and went high yesterday, opening 3594, and the thread closed 3638, up 44. Boosted by the stock index, the volume increase of thread in the afternoon of yesterday broke through the upward attack, breaking the 3600 and 60 day moving average high successively. The rise is relatively obvious, and it is expected that the thread will fluctuate at a high level today
demand side: yesterday's terminal demand was general, but the overall market trading volume was weak, and businesses were in a heavy wait-and-see mood
on the whole, with the rise of futures and electronic discs yesterday, and the policies of WISCO and other manufacturers for cold and hot rolling were also increased in August, there are several methods for each electronic tensile testing machine to stimulate the rise of cold and hot rolled products in the short term. However, building materials products are about to be introduced in the middle of today's Shagang policy, and the market is generally expected to increase by about. Businesses are in a heavy wait-and-see mood, and the opening quotation in the morning will be stable, but it does not rule out the phenomenon of rising after the introduction of Shagang prices. In the medium and heavy plate market, businesses have different views on the late stage. Some resource constrained prices still have room to rise, while others, who are 6% higher than in 2013, will still choose preferential shipments. Among them, the mainstream market average price of rebar today is adjusted by 0 ~ 10 yuan/ton, and the mainstream market average price of 20mm grade III rebar fluctuates between 3500 ~ 3520 yuan/ton; Today, the mainstream market average price of medium and heavy plate will be adjusted by 0 ~ 10 yuan/ton, and the mainstream market average price of 20mm medium and heavy plate will fluctuate between 3580 ~ 3590 yuan/ton
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