Daily review of steel mine: pessimistic demand expectation and weak finished product price

 

 

In terms of rebar, the trading volume of building materials on the previous trading day was 182700 tons, an increase of

 

17.2% month on month. Last week, the supply and demand of rebar increased. Although the demand recovered stronger

 

than the supply and the total inventory went to the warehouse again, the expectation of further tightening the

production.

 

 

In terms of iron ore, the trading volume of the port on the previous trading day was 720000 tons, a month on month

 

decrease of 33%. The shipment from Australia and Pakistan decreased simultaneously with the arrival volume; The port

 

inventory is basically flat, the unloading of steel mills slows down, the premium of high-quality mines continues to

 

decline, the structural contradiction is still alleviating, the daily increment of molten iron and the reduction of arrival in.

 

The peak demand season is coming, but the output is facing a significant reduction.

 

We have sufficient inventory. Welcome to consult.

 

E-mail : admin@ytfastener.com

 

 

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Post time: Aug-19-2021