Publicado: Sep 13, 2023 18:18
Today's hot rolled coil prices went down and rose slightly at the end of the day, closing at 3852, down 0.59%. In the spot market, the mainstream hot rolled coil prices in the country fell by 20 yuan/ton. According to SMM research, the blast furnace start-up rate on September 13 was 93.01%, down 0.45% from the previous period, and the daily average iron ore output of sample steel mills was 2.239 million tons, down 18,600 tons from the previous period. On the demand side, the current downstream reserve rhythm is still cautious, and there is no obvious replenishment action. The market still doubts the follow-up demand consumption. The macro data released in August have all improved, the macro mood has warmed up, and under the support of raw materials, the hot rolled coil spot price does not have a large downward driving force, but the supply and demand contradictions are still accumulating, and the upward driving force is not strong. It has now entered the peak season demand test period, and attention should be paid to the sustainability of demand.

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