Last week, the current prices of steel products all rose sharply. The State Council launched an investigation into the headwind violations and violations of individual enterprises in the steel industry's capacity reduction work, and the domestic property market ushered in a new round of regulation and control.
The latest research report issued by Nishimoto Shinkansen pointed out that the recent theme of steel capacity reduction and environmental governance has once again heated up and fermented. The supply of the domestic steel market is expected to decline further. The current hot steel market may have a boosting effect again. It is expected that the short-term domestic steel prices The rebar inventory in 35 major markets nationwide will still be 3.951 million tons, an increase of 77,000 tons, an increase of 1.99%; the stock of wire rod is 868,000 tons, an increase of 19,000 tons, an increase of 2.24%. From the perspective of the total inventory of the five varieties of wire rod, rebar, hot-rolled coil, cold-rolled coil, and plate in the country, the total national inventory is 8.55 million tons, an increase of 69,000 tons from the previous week, an increase of 0.81 %.
Qiu Yuecheng, a senior researcher at Nishimoto Shinkansen, said that national steel market inventories ended the six-week-old downward trend and turned to rise. The s