playfamilyfeudonline| China Steel Network forecast: Steel prices are stable and strong, and many factors will affect next week's trend

News summary

With the accelerated implementation of the "old-for-new" policy in 71 citiesplayfamilyfeudonline, and a decrease in steel inventories 3playfamilyfeudonline.6%, and steel prices are expected to continue to operate steadily and moderately strong next week, with a range of about 20-40 yuan.

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Market confidence boosts rebar expectations are stable and strong

With the continued introduction of favorable policies, spot prices for rebar during this week have been supported, and total inventories have continued to decline. Rebar prices are expected to remain stable and strong next week.

Hot coil prices are stable and strong, stimulated by real estate policies

The cost side supports hot coil prices. Although inventories are high, policies such as liberalizing purchase restrictions and issuing government bonds in many places will have a positive impact. Hot coil prices are expected to operate strongly next week.

The price volatility of the middle board was due to increased demand

Hot metal output dropped slightly this week, and steel mills 'momentum to resume production weakened, but demand for medium and thick plates rose, and the market remained resilient to terminal demand, indicating that the price of medium and thin plates may fluctuate strongly next week.

Strip steel prices continue to increase due to various factors

With favorable macro policies and dominated by long capital, the market price trend is optimistic. With total inventories falling and demand decreasing, strip steel prices are expected to continue to increase next week.

Prices of profiles and pipes are stable and strong

At present, raw material costs are on the high side, billet prices are showing an upward trend, and bottom support is still in place. It is expected that the price of section steel will be stable and strong next week. Affected by the increase in raw material strip steel, the pipe factory increased significantly. The price of traders 'resources was higher, which supported the spot market, and the price of pipe materials was steadily rising.

Billet and scrap prices may rise steadily

Steel companies have maintained their profit margins and investment remains at a high level. With increased market confidence, billet prices are expected to rise steadily next week. Scrap steel prices may follow the increase supported by the rebound in electric arc furnace operating rates and the expected upward trend in iron ore prices.

The pig iron market has strong supply and weak demand, and price expectations have been lowered within a narrow range

Despite the support of raw material costs, downstream enthusiasm for obtaining goods is not high, and supply pressure is rising. It is expected that the pig iron market will maintain a state of strong supply and weak demand next week, and prices may decline within a narrow range.

Comprehensive views show that steel prices will be stable and strong next week

Against the background of the continued rebound in steel prices, steel companies 'profits have recovered and output may increase. However, inventories continue to decline, fundamentals are stable, coupled with the support of real estate market policies, and the macro market continues to provide support. Steel prices are expected to be stable and strong next week, with expected fluctuations of 20-40 yuan.

The market decision-making recommendation is that in the overall upward trend, the risk is not high. It is recommended to cover up shipments and cash in high inventory profits in a timely manner to avoid a large amount of chasing high speculation to replenish stocks.