[selected SMM Weekly] the pace of the two sessions is approaching. Spot prices of hot rolls next week are expected to have room to rise.

"SMM Steel Industry chain Weekly report" released, the weekly report SMM will select one of the hot topics, prices, market or major changes in the industry chain information released into a document for your reference.

The thread fluctuates in a narrow range this week. Futures rose and fell twice during the week, the long-short game was fierce, the spot rose and fell slightly all over the country, there was no obvious unilateral market, the trading situation continued to be lukewarm, and it strengthened with the futures shock on Friday, as well as the joint bid-up prices of steel mills in some areas, the market atmosphere has warmed up.

The current prices of hot rolls this week are all on an upward trend. For the first time this year, spot prices of hot rolls have surpassed those of futures. Mainly due to the gradual weakening of the support for macro-positive stimulus and marginal improvement in fundamentals this week, the optimistic expectations of the superimposed market have been released almost on the disk, so the performance of the futures market is weaker than last week. However, the spot market is supported by terminal demand, the range of warehouse reduction is wider, the mentality of traders is improving, and the willingness to raise prices is enhanced, so the performance of the spot market is stronger than futures this week.

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SMM steel hot rolling special topic: this product service content mainly covers "hot rolled coil, cold rolled, strip" and other plate related information, involving price, news, downstream, analysis, data and business opportunities. The exclusive columns of this product include hot spot analysis (macro and market), steel plant dynamics (price adjustment forecast, overhaul, shutdown, monthly production plan, etc.), downstream weekly report and whole industry chain analysis, all of which are the first originality of Nonferrous net Iron and Steel. Meet the needs of high-end customers. "View details

SMM steel rebar special topic: this product service content mainly covers "rebar, high-speed wire, plate screw" construction steel related information, involving price, news, downstream, analysis, data and business opportunities. The exclusive columns of this product include hot spot analysis (macro and market), steel plant dynamics (price adjustment forecast, overhaul, shutdown, monthly production plan, etc.), downstream weekly report and whole industry chain analysis, all of which are the first originality of Nonferrous net Iron and Steel. Meet the needs of high-end customers. "View details