Steel Structure Raw Material Price Monitoring

On the 22nd, most of the major domestic varieties fell. The main varieties, the average price of hot rolled coil closed at 3954 yuan / ton, down 30 yuan / ton week on week; plate average price closed at 4024 yuan / ton, down 24 yuan / ton week on week; 

H-beam steel average price closed at 3590 yuan / ton, down 20 yuan / ton week on week; welded pipe average price closed at 4280 yuan / ton, down 30 yuan / ton week on week. At present, driven by the demand improvement and the limited implementation of flat control, enterprises are willing to reduce production is obviously limited, so the overall supply level of the ring than the obvious rebound. From the point of view of inventory and demand performance, although the transaction data performed poorly, but the proportion of direct supply from enterprises rose from the ring, the end demand performance has improved, thus making the inventory ring continued to depreciate. From a comprehensive point of view, next week is the last trading week of the long vacation, superimposed on the macro support, the market demand performance and sentiment will maintain a favorable state, which in turn support the spot price of steel raw materials oscillating strong run.