The,trend,steel,price,Domestic business, insurance The trend of steel price
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Domestic steel prices, steel prices rose this week. Under the background of the traditional off-season industry as a whole needs a marginal improvement (cold-rolled performance is particularly obvious), superposition industry output contraction, low industrial chain inventory, steel prices rebound strongly. Considering the previous shutdown overhaul mills did not appear large area production, steel price short-term correction is unlikely. Years later Steel downstream demand will determine the steel price movements, if the real estate cycle recovery will drive the steel price in the new development for medium level rebound; Inventory: 152200 tons of rebar inventories in Shanghai market this week, up from last week, 03900 tons of hot rolling stock 541900 tons, 01000 tons of drop from last week. Nationally, the stock fell, each type Mysteel stock 8.6081 million tons, the statistical society dropped 13000 tons, the end user of the periodic inventory
The,trend,steel,price,Domestic