In the last week, the domestic spot steel price composite index closed at 76.1 points, a week down 0.69%, down again to expand. At present, the steel futures market weak consolidation, steel prices fell, the overall steel spot prices continue yindie. As the north into the winter, a sharp decline in demand, the local business sharp price cuts inventory. Due to the South and the north of the steel price spread, the North Steel South, South market sales pressure rise, prices appear obvious loose. According to

analysis, in the construction steel market, the price of narrow consolidation. Beijing, Tianjin, Chongqing, Shenyang and other places of the price fell 20 yuan a week to 80 yuan, only Hangzhou, Fuzhou and other regions, a slight increase in prices. The phenomenon of weak steel prices in the northern region of the phenomenon is more common, the market price of low-cost resources continue to emerge, businesses to improve the delivery rate, the offer to move closer to the lower. Coupled with the new steel mills and the arrival of new resources, business sales pressure increases, more pessimistic expectations.

in the plate market, prices fell. Hot rolled coil prices dropping slightly, Shanghai, Ji'nan and other places tons price fell 10 yuan a week to 140 yuan. Beijing, Tianjin and the decline in the prices of larger, in the under the weather turns cool, the demands of the north gradually atrophic, businesses in order to clear inventory had to slash prices for promotion, coupled with funds face tight end, prices will continue to decline. Plate price consolidation is also weaker, Harbin, Lanzhou and other places tons price fell 10 yuan a week to 50 yuan. However, some areas of the current market stocks are relatively low level, so the business mentality is relatively stable.

, the global iron ore market began more than yindie. According to the latest report by the relevant agencies, in the domestic market for iron ore, Hebei iron ore prices tumbled, tons of price decline in a week for 10 yuan. Part of the increase in the arrangement of steel mills, reducing the demand for ore, domestic ore turnover is quite weak, prices continued to decline. < br > < br > imported iron ore prices more than Yindie, as of 22, Platts 62% grade iron ore index reported closed at ton of 51.8 U. s.dollars. A week fell $3. The four major mining companies in the third quarter, Quarterly Bulletin released, the output is not without exception, showing growth trend, the oversupply of iron ore market is more obvious. Some market participants predict that the import price is likely to fall below $50 per ton. < br > < br > related agency analysts believe that the current domestic steel market in general in both supply and demand weak situation, a terminal sluggish demand and cash strapped status is, on the other hand, the loss of steel mills in production phenomenon gradually increased, the market resources may there is a shortage of short-term in the individual specifications, social inventory of the overall pressure is not. Short term domestic steel prices will continue to be a slight trend of consolidation.