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Steel prices fell by 1% last week

Last week, Myspic index at 78.22 points, down 0.34% over the previous week, the decline narrowed sharply. The period before the end of the week, crazy, into a narrow range of market confidence, there still exist. Spot market prices as a whole to fall, in the lower reaches of the demand failed to follow up, the market turnover gradually turn bad, business mentality is also biased cautious.
Last week, the United States in June industrial output increased by 0.3%, higher than expected, May was the chain fell 0.2%. June core PPI growth hit 9 month high. June retail sales unexpectedly negative growth, the chain fell 0.3%, less than the expected increase of 0.3%, a decline of four months. America's first application for unemployment benefits fell to five month high, stronger than expected. Yellen is optimistic about the U.S. economy, is expected to raise interest rates during the year. Euro zone leaders agree on the Greek issue. The European Central Bank to maintain the Greek emergency loan amount. The euro zone CPI up by 0.2% in the final value, in line with expectations. OPEC is expected to increase the global oil demand is expected to be more balanced by supply and demand next year. Domestic aspects: the two quarter GDP rose by 7% over the first half of the scale of industrial added value increased by 6.3%. In the first half of the scale of social financing of 8.81 yuan, an increase of 1.46 yuan less than the same period last year. In the first half of the national investment in fixed assets increased by 11.4%. In the first half of real estate development and investment growth of 4.6% year on year, the growth rate down 0.5% over 1-5 months. In the first half of the total electricity consumption of 2662400000000 kwh, an increase of 1.3%. In the first half of the road to complete fixed asset investment in fixed assets 718800000000 yuan, an increase of 9.5%, slightly higher than the same period last year. 1-6 month China's total exports of 52400000 tons of steel, an increase of 27.8%. June national crude steel production of 2298300 tons, a record high. 1-6 month national crude steel output 409970000 tons, down 1.3%. 7 Yukui notice 13 listed steel enterprises semi annual performance.
Overall, with the increase in the maintenance of steel mills, the supply of resources to ease the pressure, the formation of a certain market price support. But the environment is still bias, this week, steel market prices will shock weakening operation.
Steel prices fell by 1% last week 2015-7-27 本文被阅读 1476 次
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Addr: NO. 106 YiHeng Street, DongZhuang industrial area, QuFu city, ShanDong province, 273100,P.R.China  Tel: +86-537-4591088  Fax: +86-537-4593800  E-mail: qfhljx@qfhljx.com  Contact Person: Qingmin Kong  Web: wnetfk.cn
 
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