strips of copper

The pictures of the financial market are beautiful, but if you are not careful, you will see the blood. At present, scrap steel prices are more than 100 yuan lower than the cost of molten iron, and spot resources are tight. 3. (Related Article: Cost Information of Brass Strip Products)., Ltd . We must find certain things in the uncertain market. Ma Wenying, general manager of Shanghai Meikang Mining Co.5% and 7% is the new normal. Futures market: Steel and brass bands fluctuated lower, iron ore was relatively strong This week, coal and coke steel futures generally rose first and then fell., Ltd .

Threads, copper bands, and coke made new lows on Friday and late on Friday Coking coal and iron ore rose sharply on Wednesday, coking coal and iron ore fell sharply on Thursday and Friday, but iron ore rebounded late on Friday., Ltd . Qin Jiawei, a researcher at New Lake Futures Co.The annual growth rate of the domestic economy between 6.: The past research methods and models must be changed. Therefore, the market still has a slight room for decline next week. Men Zhaohui, Managing Director of Shanghai Yihe Industrial Co. However, some electric furnace steel mills will not resume procurement before mid-July, and strips of copper market demand is unlikely to improve. The scrap market continued to decline this week, and many electric furnace steel mills suspended purchases, and overall demand weakened.:

The current weakness in the steel market is not so much the kidnapping of the spot market as the futures market, but rather the concentration of the steel industry is too low; countries such as the United States can respond by adjusting capacity utilization, but China also No, because our market is fragmented and companies are competing fiercely.

It is difficult for us to return to a growth rate of more than 10%, so it will be difficult for steel prices to return to a high level of more than 5,000 yuan / ton. When the large-scale domestic infrastructure is basically over, the situation of low steel prices consolidation will continue for a long time, and there is almost no possibility of a sharp rebound. But we still have to learn from the financial markets, make good use of financial instruments to serve our own development, and try to avoid unilateral speculation. As of this Friday, Steel House's scrap price index was 1,373 yuan / ton, down 31 yuan / ton from last Friday

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