After May 1st, the quotation of traders in the national market continued to decline slightly, and the situation of poor turnover remained unchanged. Moreover, the merchants were still very cautious in operation and continued to reduce inventory. For this reason, some merchants still have a small amount of negotiable space. . From the quotation of the main market: Lecong market: Handan Iron and Steel HRB335 Ф 18-25mm specifications mainstream price of 4230 yuan / ton, cold steel, Zhuhai Yuegang, Yufeng, Xianggang HRB335 Ф 18-25mm specifications market price 4170-4210 yuan / ton range; third-grade steel, the mainstream price of HRB400 Ф 18-25mm specifications of Handan Iron and Steel Co., Ltd. is about 4360 yuan / ton. Shanghai market: the mainstream price of wire rod is 4190-4220 yuan / ton; the price of secondary rebar 16-25mm specifications Zhongtian, Shente, Xin Fushun and other brands is 4120-4160 yuan / ton; the mainstream price of third-grade rebar is 4100 -4,240 yuan / ton; Pan Ф 8-10mm mainstream price 4440-4520 yuan / ton. Taiyuan market: secondary rebar, Shougang Changzhi, Haixin Φ12mm rebar offer 4600 yuan / ton, Shougang Changzhi Φ18-20mm rebar offer 4430 yuan / ton, Haixin, wine steel and other Φ18-20mm rebar offer 4380- 4400 yuan / ton; third-grade rebar, quotation of Φ16-20mm thread of wine steel, Chenggang, etc. 4570-4610 yuan / ton. Steel futures may rebound or not change the downward trend of the three trading days after the May 1st, the steel average line system continues to die downward, the trend continues to decline, although the steel futures rebounded slightly on Friday, but the decline trend of the steel has not changed . The daily KDJ indicator is about to be a golden fork, and the price deviates from the 24-day moving average too much, and will rebound in the short-term; from the weekly K line, Zhou KDJ continues to hang down. Therefore, the steel enterprise network believes that the steel futures may rebound slightly in the next week, and will not change the downward trend. The rebound pressure is 4270-4299 yuan/ton, and the support position is 4155 yuan/ton. In the later period, steel prices continued to fall. In the downturn in demand in the real estate industry, steel grids believe that rebar prices will continue to fall. Mainly for the following reasons: First, although rebar stocks continue to decrease, they remain high. As of the end of this week, the rebar stocks of major cities nationwide were 7.368 million tons. Compared with last week (2012-4-27), the national rebar inventory decreased by 144,700 tons this week, a decrease of 1.93%, a decrease from last week. Compared with the same period of last year (2011-5-13), the increase was 1,380,800 tons, a year-on-year increase of 23.06%, and the increase was lower than last week. Second, due to the sluggish sales in the steel market, the raw material market was affected, and the price fell slightly, forcing the leading steel mills to lower the ex-factory price and to supplement the previous resources, resulting in a downward shift in market costs and further weakening of cost support. Some traders promoted The price cuts in the goods, affected by this, the national social inventory continued to decline this week. Third, the central bank unexpectedly restarted reverse repurchase, and the easing of funds continued, reducing expectations for RRR cuts. Analysts believe that reverse repurchase re-emergence can be seen as the central bank continues to release loose signals to the market to ease liquidity; in May, it faced a decline in the amount of funds due in the open market, seasonal withdrawal of fiscal deposits and a decrease in foreign exchange inflows. After multiple factors, the central bank is still expected to take further measures to reduce the standard.
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