June 9 steel market price quotes

I. Macro News Briefing 1. Obama: Willing to take measures to promote the liberalization of exports of high-tech products to China. Obama said that the extensive economic ties between the United States and China are crucial to the stability and prosperity of the two countries and will have a major positive impact on the world economy. The United States encourages Chinese enterprises to invest in the United States and is willing to take measures to promote the liberalization of exports of high-tech products to China. It hopes to strengthen cooperation with China in areas such as economy, trade and energy.

2. The unemployment rate in the 17 countries of the EU reached a record high in April, with Italy at the forefront. Eurostat's data on May 31 showed that the unemployment rate in the euro zone in April hit a record high of 12.2% in 1995, compared with 11.2% in April 2012. The unemployment rate of young people is equally serious, reaching 24.4%. In Italy, the youth unemployment rate is 40.5%, which is second only to Greece, Spain and Portugal.

The CPI was announced today in May and May. The increase or modest rise back to around 2.5%. The National Bureau of Statistics will release economic data such as consumer price index (CPI) and industrial producer price index (PPI) in May. Several agencies predict that the CPI in May may rise moderately, with a year-on-year increase of around 2.5%, while the PPI is expected to continue negative growth after a new half-year low in April, but the decline will slow down and show a moderate improvement.

4. The General Administration of Customs announced on its official website yesterday the import and export of foreign trade in the first five months of this year. According to customs statistics, from January to May, China's total import and export value was 10.51 trillion yuan (equivalent to US$167.62 billion), and the deduction of exchange rate factors was 10.9% higher than the same period of the previous year. Among them, exports were 5.51 trillion yuan (equivalent to 878.56 billion U.S. dollars), an increase of 13.5 percent; imports were 5 trillion yuan (equivalent to 797.69 billion U.S. dollars), an increase of 8.2 percent; trade surplus was 507.94 billion yuan (equivalent to 808.7 percent). One hundred million U.S. dollars).

5. Li Keqiang: Steady progress and steady development, creating a new engine for economic growth and upgrading. **The Politburo Standing Committee and the State Council Premier Li Keqiang held a symposium on the economic work of the Bohai Rim Province in Hebei on the 8th and made an important speech. He stressed that to do a good job in the current economic work, the key is to make a difference in stabilizing macroeconomic policies, innovate macro-control methods, and stimulate market vitality. Through the use of scientific countermeasures to ensure the completion of the year's economic and social development tasks.

Second, the relevant disk summary This Friday, the Dow Jones Industrial Average closed at 15,248.12 points, the index rose by 0.9% this week; Standard & Poor's 500 index closed at 1643.38 points, the index rose 0.8% this week. The price of gold for August delivery on the New York Mercantile Exchange closed at $ 1,383 an ounce, down $ 29 this week. Crude oil prices for July delivery closed at US$96.03 a barrel, up 2.42 US dollars this week. LME copper closed at $7,230/ton, down $90/ton this week.

Third, the billet price trend on the 9th morning: Tangshan general billet was stable yesterday, Changli this morning to the knot 2910, Tangshan Xinglong / Guoyi factory 2890 are tax inclusive; traders naked price of 2770 or so.

IV. Ore price trend The iron concentrate market in Hebei remained stable yesterday, and the market as a whole was operating weakly. The Tangshan area dropped slightly by RMB 10/ton; foreign mines were closed on weekends without tender information, and there was no transaction on the platform today. The spot market stabilized. . The price of 66% sour dry powder in the Tangshan area is excluding the mainstream market price of 1,000 yuan. The current quotation of 63.5/63% Indian fines from the foreign mining market is around US$101. Tianjin Port's 63.5% Indian ore price is 830 yuan/ton, and Qingdao Port's 61.5% PB fine ore price is 800 yuan/ton. On the previous trading day, Platts 62%, $110.75, -$1.50.

V. Coke Price Trends The price of coke fell steadily yesterday. In some parts of North China, purchase prices continue to be lowered. Shougang’s implementation to the factory in 1420 is still negotiating with Jiaoqi in recent days, and the price may be lowered again, which may be 30-50. The price of Shenhua coke was lowered by 30, which was lower than the expected decline. The possibility of supplementation and decline was not ruled out in the later period. The primary metallurgical coke in Shanxi Province is 1,300 yuan/ton; the quasi-class metallurgical coke is tax-included at 1,250 yuan; the secondary metallurgical coke in Hebei Handan is 1,230 yuan; the secondary metallurgical coke in Huaibei is 1280 yuan; Grade metallurgical coke factory tax price of 1280 yuan.

6. The coiled hot coil closed at the close of June 8th. The closing price of the 25mm rebar in the Beijing market was 3510 yuan/ton, which was a drop of 50 yuan/ton from the previous day; the Shanghai market was 3,220 yuan/ton in the third-tier market, compared with the previous day's price. Flat; Guangzhou three-tier rebar is 3680 yuan / ton, compared with the previous day prices fell 20 yuan / ton.

On June 8th, the closing price of 5.5mmQ235 hot-rolled coil in Shanghai market was 3430 yuan/ton, which was the same as the previous day's price; the closing price of hot coil in Tianjin market was 3360 yuan/ton, which was the same as the previous day's price; the closing price of hot money in Lecong market was 3550. Yuan/ton, the price fell 10 yuan/ton from the previous day.

Seven, screw analysis of the bulk of the ** rebar RB1310 this week before the rise, the weekend closing price rose by 5 yuan last week. On Friday, it opened at a low of 3419 yuan and oscillated at a low level after the opening. The highest price touched 3,425 yuan and the lowest reached 3,391 yuan. It finally closed at 3421 yuan, down 13 yuan from the previous trading day and finally closing the small Yangxian line. Volume of 2,436,136 contracts has shrunk compared to the previous trading day, with 1,795,652 positions held, reducing 92,002 contracts.

The bulk of the main electronic contract RB1308 this week is also the first increase after the suppression, the weekend closing price fell 2 yuan from last week. On Friday, the market opened at 3428 yuan. After the opening shock, the highest price touched 3,428 yuan, the lowest reached 3,392 yuan, and finally closed at 3,407 yuan, which was 46 yuan lower than the previous trading day and ended the negative line. Volume of 167,100 lots was enlarged compared with the previous trading day, holding 213,660 lots and reducing 6820 lots.

VIII. Spot price forecast The market price of 25mm rebar in Beijing market is expected to drop by RMB 10/t at RMB 3,500/t today; the rebar price in Shanghai market is stable at RMB 3,220/t; Guangzhou market is a three-tier rebar market. The price is stable, the offer is 3680 yuan / ton.

It is estimated that the mainstream quotation of 5.5mmQ235 hot-rolled coils in the Shanghai market is stable today at around RMB 3,430/t; the price of hot-rolled coils in the Tianjin market is stable at RMB 3,360/t; the quoted price of hot coils in the Lecong market is stable, and the market price is RMB 3550/t about.