According to SMM tracking, on the second day after the holiday, the domestic steel price maintained a weak shock operation, and the downstream replenishment rhythm slowed down. On the supply side, some blast furnaces have intensified losses and actively arranged maintenance plans, and the later building materials supply is expected to continue to decline. On the demand side, affected by external news recently, the market sentiment is pessimistic, and some downstream said that there may still be downward in the short term, purchasing demand slowed down, and the overall transaction today is less than yesterday.

Looking forward, many steel mills in Yunnan have expanded losses due to high-priced coal, and the plan to reduce production by nearly 300,000 tons in October. In addition, there are individual steel mills in Hubei, Hebei, Shanxi and other places that have added maintenance. The overall supply of building materials in October may be significantly reduced, but the demand side has not yet improved significantly, and the steel price may still be low in the short term. Shock operation.