Last week summary: 1, the main market in the country several varieties of galvanized steel up and down, trend differentiation, rebar down 12 yuan/ton, hot rolled coil down 5 yuan/ton, general plate down 6 yuan/ton, strip steel up 10 yuan/ton, welded pipe up 14 yuan/ton. 2, futures, rebar fell 50 yuan to 3671, hot coil fell 59 yuan to 3766, coke fell 37 yuan to 2069.5, iron ore fell 10 yuan to 812.5. Market analysis: 1, macro level: the US non-agricultural data is lower than expected, the US dollar is weak, more commodities, Premier Li Qiang chaired an expert forum on economic situation, pointed out that timely introduction and implementation of a number of targeted, combined, coordinated policy measures, macro warming, but did not emphasize “strong stimulus”. 2, the supply side: the supply pressure is not reduced, the national six steel enterprises are still profitable, the blast furnace operating rate is at a high level, the market has the expectation of flat control production reduction, the average daily hot metal 2,468,200 tons, maintain a high level. 3, the demand side: after the Meiyu into the three days, the rare high temperature is still restricting the demand, and the real estate data is less than expected. In line with the characteristics of the off-season, the thread table needs 2,693,300 tons, which is relatively weak.
Post time: Jul-13-2023