International steel market continues to adjust

From: Junnan Steel News
publisher: Gloria Wong
Time: 2018-07-17
Summary: In the first half of July, the international steel market was first suppressed and then raised. In the middle of the month, the global steel benchmark price index of 123.7 points rose by 0.3% on a week-on-week basis.

    In the first half of July, the international steel market wasfirst suppressed and then raised. In the middle of the month, the global steelbenchmark price index of 123.7 points rose by 0.3% on a week-on-week basis.Among them: flat steel index was 116.4 points, up 0.1% on a week-on-week basis(up from down); long product index was 131.8 points, up 0.6% on a week-on-weekbasis (up from down); Asia index was 125.7% points, down 0.1% on a week-on-weekbasis ( The decline converges). The China index in Asia was 128.5 points, whichwas flat on a week-on-week basis (from flat to flat); the Americas index was143.3 points, down 0.2% on a week-on-week basis (from ups and downs); theEuropean index was 107.3 points, up 1.4% on a week-on-week basis. Based on themarket operating situation combined with the fundamentals forecast, theinternational steel market in the second half of July may continue tofluctuate.

    Asian steel market: ups and downs. The benchmark price indexof steel in the region of 125.7 points fell by 0.1% on a week-on-week basis(the decline was converging), which fell by 2.9% month-on-month (expandedincrease), up 22.7% year-on-year.


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