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Is it possible for the current construction steel price to continue to fall?
Last week, domestic construction steel prices fell sharply, the biggest weekly decline since the second half of last year. The national average price dropped by nearly 200 yuan/ton, and the wire rod prices in Shanghai, Hangzhou, Guangzhou, Nanning and Kunming dropped by more than 300 yuan/ton. The steel index of Nishimoto Shinkansen, a commodity spot trading platform, closed at 4,350 yuan/ton, down 170 yuan/ton from the previous week.

With the rapid decline of outstanding talents represented by spiral, other steel grades passively followed for several weeks. Among them, cold rolling and other varieties with relatively strong performance in the early stage made up for the decline, and all varieties also fell across the board. Hot-rolled and medium-plate products fell sharply, and threads and coils hit a new low in the year.

Regionally, the price of construction steel in Beijing accelerated last week, with a weekly price drop of 180-220 yuan/ton. At present, the price of 8mm high-speed wire rod is 4380 yuan/ton, the price of secondary Suu is 4500 yuan/ton, the price of secondary large wire is 4320 yuan/ton, the price of tertiary Suu is 4600 yuan/ton, and the price of tertiary large wire is 4420 yuan/ton. According to market feedback, the market turnover has been bad recently, and the daily shipments of most large households are below 2000 tons. However, the price of Tangshan billet plummeted, causing panic to the market mentality, and the quotations of merchants continued to fall sharply.

China Iron and Steel Information Database/Baidu? word = % E4 % B8 % AD % E5 % 9B % BD % E9 % 92% A2 % E9 % 93% 8 1% E4 % BF % a 1% E6 % 8 1% AF % E5 % BA % 93 & amp; Se = chromium