This week the domestic Q235B H steel market continued weak shocks in china

This week the domestic Q235BH steel market continued weak shocks, although the majority of business turnover improved over the previous month, but the pressure on the stock is still large, preferential policies vary, trading prices fell slightly in individual areas. After the holiday slightly increase the focus on the coking coal market boost, but coal prices for raising prices are still facing greater pressure on supply and demand. North China market lower. Week, Handan Xing large mining companies cut Q235BH steel prices. Affected by this, Tangshan, Wu'an and other areas of market prices have declined, the amplitude of 10-20 yuan (t price, the same below). Overall turnover downturn, post-week low-cost transaction status has improved. Local Q235BH steel companies started low volume, steel companies and traders more pressure on the phenomenon of procurement, procurement of steel in the case of smaller, more price cut shipments.

It is expected that the market of Q235BH steel in North China will still face downward pressure in the short term. Northeast market showed a weak downward trend. After the local iron and steel enterprises cut their purchasing prices at the beginning of the month, the current prices, the meager profits of mining costs, and even some losses at the beginning of this month caused the phenomenon of shutdown to be on the rise and the enthusiasm for shipment was not high. At present, some mines to avoid risks, more inventory clearance, accompanied by shipping on the market, individual mine low-cost shipments, the local market as a whole to move closer to the low price. Q235BH steel market is expected this week in Northeast China will show a steady low state. Q235BH steel market fell across the board.