Network Hardware Huicong summer heat, hot weather so that the steel market has become more and more prosperous - 6 on 22, Shanghai rose again after building materials market, major Lo exempt 3660-3670 yuan / ton, up 110 per ton, and other 3640-3650 yuan / ton, up 120, the three-tier steel 3730-3780 yuan / ton, up 100 yuan, almost all species have a relatively large increase.

And the hot steel market, in China's securities market, the listed company's share price of steel has led the market upward, including Baoshan Iron & Steel stocks lead shares up 0.16 yuan, or 2.14% increase. Another large-scale iron and steel enterprises WISCO stock shares also rose 2.4%.

"Normal. The short term, consumption of steel will be in the traditional peak season, domestic steel prices in particular, is built of steel prices will continue to rise, or that the trend was upward shocks. Because some of the market a positive factor for the short term and will not disappear, pessimism has been completely dissipated. "yesterday for the steel market, Guoxin Securities analyst Chung Dong-young, the case of iron and steel analysis, from a macro level, full recovery of our economy is a fact, significantly better than the first few months of the expected market demand , 4 trillion yuan of national plans to stimulate the economy has fully apparent role, is further driving the demand for domestic steel; the lower reaches of the market, especially real estate and automotive market remains strong overall sales, it would also strengthen the domestic steel demand is expected. 

 "The impact of iron ore negotiations with the recent trend in domestic steel prices." Chung Dong-young said, "in the steel market's decline has long been looking forward to the impact of the prevailing view is that China Steel Association may be related to the three little mine reached 40% of the expected price. market price of iron ore has 33% of the final result as the default. This view is also so that the rising costs of steel, and ultimately reflected in market prices of steel. "

As Chung Dong-young said, China Steel Association recently deteriorating situation of the negotiations. The latest news is that CVRD has the world's largest steel companies Arcelor Mittal signed a powder ore prices 28.2 percent of the contract price of long-HS. In addition, the recent domestic spot iron ore price continues to rise, China Steel Association would like to reach a goal of 40% of the price cuts have been even more difficult. 

 "There is also a strong impact on steel prices an important factor: the recent China's iron and steel enterprises have gradually turn around, a few months out of the continuing plight. Enterprise will certainly give more consideration to the operational effectiveness of their own, will take a strong wave of market price further push up to get more profit. "It is understood that the present market, almost every day once again raised the price of steel news, especially in the first phase of Baosteel good afternoon to increase after the ex-factory price.

Chung Dong-young that the international steel market has more or less impact on the improvement of the domestic market. At present, the United States, the European market demand for steel has started to recover, the price has already bottomed out. 

 "Although the existence of the above factors, but the market still exist uncertainties of China's steel industry has long been an old problem: a surplus of production capacity, which will allow domestic steel or the power play up a certain discount. More importantly, with the recent The domestic steel prices continued upward, and now, whether large or small and medium-sized steel enterprises steel prices will resume large-scale production, and increase domestic overcapacity me the reality of the situation. Therefore, the more steel prices rise, the greater the pressure encountered . "Chung Dong-young that.