Steel demand “peak season” gradually arrived.

This week from the demand side, with the elimination of high temperature in many places, the traditional demand season is basically over, from north to south construction conditions will gradually improve, steel demand “peak season” gradually arrived. In addition to the national policy, the construction of new projects continue to promote, especially the role of early economic policy has emerged, steel terminal demand began to enter the recovery, growth stage. In addition, the main steel futures contract shifted to the end of the month, the futures holding structure by the short side to suppress the market long and short game, short atmosphere cut, the futures market overall back to warm, market sentiment driven, the overall market demand growth is expected to further enhance. From the supply side, the profit of long process steel enterprises is difficult to improve substantially, the production line of regional steel enterprises is not enough to resume production, and the overall speed of steel enterprises to resume production is slow. With the alleviation of the contradiction between supply and demand of power in the south, the construction of short process production line, output or stop falling and stabilize. Tangshan layout pressure production task, is expected to continue to adjust the overall steel output, which is expected to decline plate output, rebar output or will increase slightly. The main varieties of social stock, the total inventory has accelerated the decline, the board, strip inventory decreased significantly, the rebar steel inventory continues to decline, coil screw poor will continue to repair.