Steel price is reproduced in a disadvantaged way, and it is difficult to recover in the short term.

According to the latest market report provided by the famous steel information institution, "my steel", the domestic spot steel price index has closed at 93.17 points in recent week, and has fallen by 1.65% a week. At present, the price of black system futures fluctuates greatly, and the price of billet is also down to 2000 yuan.

The price of steel spot market fell sharply, of which the price of screw steel fell most. The state of the steel market is chaotic, and the merchants are lowering their prices for shipment, but the deal is still weak. When futures are stable, the price of spot steel is slightly stronger because of the little pressure on the stock market.

The price of domestic spot steel has fallen again, and the market mentality is unstable. Even if the price is to be shipped, the transaction is still weak. Iron ore market slightly rise and fall, overall is a weak shock pattern.

Relevant institutions analysts believe that after heavy rains weather in North and Northeast China, and East and Southern China in hot summer weather, the demand of national resources circulation and construction of steel steel are affected, steel demand and steel market weakness, the inventory level increased. In the short term, domestic steel prices is still hard to change the situation of weak shocks.

The iron ore market is generally a weak shock pattern. According to the latest report of "Xi Ben Shinkansen", the price of iron powder in Hebei area has risen slightly in the domestic market. Due to the impact of rain weather on the operation of the port and the obstruction of the imported mines, some steel plants have appropriately increased the purchasing power of domestic mines. The price of imported mines fell first and then went up. By the end of 21, the pri 62% grade iron ore index was closed at $57.5 per ton, and a drop of 1.45 US dollars a week.

According to analysis, in the construction steel market, prices have fallen sharply. The price of Shanghai, Guangzhou, Beijing, Tianjin, Hebei and other places fell 20 yuan to 170 yuan a week. In Beijing, Tianjin and Hebei market, prices fell sharply, under the impact of the futures market, coupled with the increase of new resources, merchant shipping intention is stronger. And the heavy rain weather in the north, affected by this, the market transaction is very light.