In the economic slowdown and the funds face tight environment, the domestic steel market in March failed to usher in the traditional peak season of consumption, the downstream demand rise slowly, the market for "gold three" market did not Ruqierzhi, steel prices in the first half decline does not change, until the next half month to gradually stabilize and rebound slightly. As of March 31, this index closed at 3350 yuan / tons, than last month fell 10 yuan / ton, the month on month or 0.3%, drop compared to the same period 12.07%.
From the beginning until now, weak economic data showed continued to slow China economy, market sentiment is also more and more strong. In the current economic downward pressure on the background, the State Council and the national development and Reform Commission recently released steady growth signals, more positive factors to pick up the steel market, basic demand is gradually taking shape. At present China action response around the field, increase the indemnificatory housing project, central and western railroad, energy-saving environmental protection investment, relevant departments are speeding up the introduction of stimulating consumption to expand domestic demand measures, including shanty towns of this new growth will be the investment field. Investment increased at the same time, a number of relevant policies will also be introduced. The Ministry of Commerce has formulated the "five measures to promote consumption of circulation", namely to promote affordable consumer convenience, family and community and rural service consumption, safe consumption, consumption and green consumption recycling emerging hot spots in five aspects. In addition, the time has come to the spring, outdoor projects into massive construction phase. And the country for the first time in 10 years without the regulation of real estate policy, although the regulation of a second city couldn't relax, but more than three or four line city may because of the new town construction of start-up and strengthened, the domestic real estate developers to hoard a large range of last year, real estate development investment is expected this year will remain a relatively good momentum, which will accelerate the steel demand the release of. Therefore, the latter part of the domestic steel market demand for the release and implementation or for accelerating recovery bottom.
According to the monitoring display, the 31 day, the domestic focus of the city with 25mm three screw steel average price of 3281 yuan (ton price, the same below), compared with the previous Friday up 6 yuan; the domestic focus of the city with 6.5mm high average price is 3330 yuan, compared with the previous Friday up 6 yuan; the domestic focus of the city average price of 5.5mm hot rolled coil 3328 yuan, compared with the previous Friday up 4 yuan; the average price of the domestic focus of the center city of 1.0mm cold rolled coil is 4132 yuan, flat with the previous Friday; the domestic focus of the city 20mm in the average price of 3412 yuan, up 2 yuan from the previous Friday.
Raw materials, 31, Tangshan area 150*150 carbon billet 2910 yuan, compared with the previous Friday up 30 yuan; Tangshan area 65-66 grade acid dry iron ore price 975 yuan, flat with the previous Friday; Tangshan area two metallurgical coke price of 1100 yuan, flat with the previous Friday.
If the main rebar contract 1410 in early trading on the 31 to 3311 yuan / ton high, then a narrow range of shock, the lowest 3310 yuan, the highest 3346 yuan, to close at 3328 yuan / ton, compared with the previous trading day (28 days) settled up 39 yuan / tons, turnover of 2564106 hand, 1885346 hand positions, increase by 40592 hand.
The main hot rolled coil 1410 contract 31 days early to 3396 yuan higher, then high shock, the lowest 3382 yuan, the highest 3422 yuan, to close at 3410 yuan / ton, compared with the previous trading day (28 days) rose 38 yuan / ton, turnover of 60970 hand, positions 65640 hands, 2560 hands.