Corporate news
On the 27th Jinnan coil market prices stabilized market turnover is weak
On the 6th Jinnan area steel mills wire rod price index 3676.2 yuan / ton, compared with the previous trading day prices fell 0 yuan / ton, coil price index of 3751.7 yuan / ton, compared with the previous trading day prices fell 0 yuan / ton.
[Steel mill price adjustment] Today, Shanxi Jianbang coil and wire rod prices are stable; Shanxi Jinnan coil and wire rod prices are stable; Shanxi Gao Yi coil and wire rod prices are stable.
[Data] from the cost and profit model, now coil cost 3964 yuan / ton, compared with the previous trading day fell 0 yuan / ton, the province put the profit -159 yuan / ton, the overall market price consolidation today, the market trading atmosphere in the past two days is more sluggish, the demand for more to maintain the status quo of the low level. Due to the phenomenon of no improvement, merchants for the market mentality to remain pessimistic.
Comprehensive analysis] The current market mainstream wire rod prices 3660-3700 yuan / ton, coil prices 3840-3860 yuan / ton. Today, the overall momentum of the date screw plummeted, the market suppressed the mood is strong. Spot market offer has loosened, the market overall turnover performance is low. It is expected that the price of Jinnan construction steel market will run weakly tomorrow.
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