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DaAi News

Prediction of steel price trend in China in February 2017

  • 来源:骏楠官网
  • 作者:骏楠管理员
  • 日期: 2017-02-09
    After the Spring Festival the whole commodity into adjustment pattern, Mandarin industrial index rose over four, down to the market adjustment, black chain index also showed a downward trend more obvious, the flag state performance is obvious convergence. At present, steel, coke, still in the shape of the triangle, and hot-rolled, coking coal has fallen below the situation, the morphology of iron ore is not obvious, but the downward trend is more determined.

    Factors affecting the market trend in February:
   1, cost down, coking coal prices fell, the ore under pressure on the stock of weaker first half cost will be lower.
   2, inventory pressure, especially steel pressure. Due to higher costs, prices fell more difficult.
   3, the financial situation, special interest rate policy, the financial situation will be adverse market price rebound
   4, February will enter the centralized maintenance period, maintenance efforts will affect the market

   Market trend forecast in February:
   Complete convergence of the state flag high, to better financial side, after the recovery in demand will start forward trend.


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