Nankang market construction steel prices are stable

The construction steel prices in Nankang Market are stable and the overall transaction is average. Up to now, the mainstream price of high-line Zhuhai Yuegang resources is 3120 yuan / ton, Guoyi resources offer 3070-3090 yuan / ton; 16-25mm specifications HRB400 material rebar Guangdong steel mainstream price 3250 yuan / ton, the same specifications Donghai rebar offer 3100-3130 yuan / ton. This week, the price of raw materials has fallen downwards, steel billets have dropped by 110 yuan/ton, and imported mines have fallen below $80/ton. At the same time, the futures market has continued to weaken, which has a greater impact on business confidence and lower enthusiasm for downstream purchases.

Looking at the Nankang market, the demand in the past few days is sluggish, and the overall inventory is high. At present, the resources of Yuegang in the market are about 4, 5 thousand tons, the Donghai thread is about 20,000 tons, and the Guoyi high-line stock is less, about 2,000. Tons, plus a small amount of other manufacturers resources, the overall inventory reached about 30,000 tons, the supply and demand situation is poor. Today, many merchants are quoting stable, waiting for Guangzhou and other peripheral price trends, while the Guangzhou building materials market was not well shipped yesterday, and the price increase in South China has turned steady in the past two days, and it is estimated that the last week of this month may be weaker.

In summary, the short-term weakening probability of Nankang building materials is relatively large, but considering that the next time Northfield arrives, it will take half a month, the business sentiment mentality has eased, and the price is expected to be slightly adjusted next week.

Nankang Building Materials Network special report.

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