Hong kong-listed, after continuous declines by futures rose, billet increases under the influence of bottoms out, plus spot merchants hope grows up emotions, mainstream offer the overall upward, but high volume obviously cautious, maintain on-demand procurement downstream demand, market clinch a deal is still no change, considering the cost at the bottom of the support, is expected to tomorrow's strong trend in steel prices or adjustment.
 
 
 
Corresponding to the strong demand is the new high crude steel output. China's crude steel output reached 23.07 million tons in the first quarter, up 9.9% year on year, exceeding expectations. Production was halted in tangshan, hebei, handan and linfen, shanxi, although production restrictions were introduced in March. However, after entering April, the enterprises in these limited production areas have resumed production successively. Although the production has not reached full capacity, the output may still show a certain increase. With a large increase in supply, steel prices will cause a certain pressure.
 
Foshan market, cold rolling market, hongwang, chengde four feet can be traded at 14000-14050 yuan/ton, yongjin four feet spot to 14100 yuan/ton. Some merchants have dropped below 14,000 yuan/ton to 13,950 yuan/ton. Jiugang 4ft cut edge 14700 yuan/ton, tasteel 4ft, 5ft 14800-14850 yuan/ton or so. Hot rolling market, is more stable, east five feet 13800 yuan/ton, chengde, guangqing 13450-13500 yuan/ton.
 
 
 
This week, 304 steady in the ups and downs! Wednesday 304 offer: castle peak agent: 304 narrowband 2019 February futures 13,300 yuan/ton. Qingshan market narrow zone spot excluding tax 12150-12200, January and February futures excluding tax 12050-12100. Spot jinhai and xinfeng offer 11800-11850, excluding tax, and xinfeng futures 11850-11900. Other producing areas offer 11700-11750 excluding tax. For the big board, the February futures of 304 4-5 feet big board are 13,400 yuan/ton. Spot 304 feet in the market excluding tax 12100-12200, February futures excluding tax 12100-12150. Chengde, delong market four feet big board tax spot 13400-13500! Dongte tax quotation 13600-13700! From the quotation, part of the market quotation flat, part of the wait-and-see attitude not to quote. And because the lenni-nickel screen is not good, 304 can only see the price rise of 201. In the morning, someone said that the February futures of 304 narrow band still have a small amount, and the flat price was quoted at 13,300 yuan/ton. Some say the wait-and-see attitude remains the same. Afternoon someone is continuing to limit the discount of 50 yuan/ton of reward activities, smooth delivery.