The hottest steel price is hard to change its decl

Steel prices are hard to change the decline. In June, the market may still fall more or rise less

since May, the steel market has shown a decline more or rise less market. Whether it is futures or spot, the price is not as strong as before. When everyone was surprised, the steel price continued to fall. Who is behind the crazy decline in market prices? Let's follow the essay from the following aspects

at present, according to the statistics of the Steel Association, the estimated daily output of crude steel of key steel enterprises in early May was 1946300 tons, an increase of 1.77% month on month and 8.06% year-on-year. The national estimated value is 2.4688 million tons, with a month on month increase of 1.30% and a year-on-year increase of 6.88%. At the end of ten days, the inventory of key enterprises was 13.6081 million tons, with a month on month increase of 9.40% and a year-on-year decrease of 0.55%. Chang Yong of the China Iron and Steel Association said that China would close more old steel mills and reduce crude steel production capacity to less than 1 billion tons by 2025, adding that China's steel demand would gradually decline. Yu Yong said that China's goal is to improve production capacity and demand; The utilization rate is maintained at about 80%. China plans to reduce its steel production capacity by another 30million tons this year, after banning about 100million tons of illegal low-grade steel production capacity mainly used in the construction industry. The demand for steel has gradually declined, and the downstream demand has gradually weakened

the latest data from the Bureau of statistics shows that in January, the national real estate development investment increased by 10.3% in nominal terms year-on-year, and the growth rate fell by 0.1 percentage points compared with the month; The construction area of houses increased by 1.6% year-on-year, and the growth rate increased by 0.1 percentage points; The new construction area of houses increased by 7.3%, and the growth rate fell by 2.4 percentage points; The land purchase area decreased by 2.1% year-on-year, with an increase of 0.5% in the month; Dalian Panasonic automotive power battery project announced that the sales area of the product room officially put into operation increased by 1.3% year-on-year, and the growth rate fell by 2.3 percentage points; The area of commercial housing for sale decreased by 6.42 million square meters compared with the end of March; The funds in place of real estate enterprises increased by 2.1% year-on-year, and the growth rate fell by 1 percentage point. Liu Jianwei, Senior Statistician of the city Department of the National Bureau of statistics, pointed out that in April, the year-on-year decline in the sales price of commercial housing in first tier cities expanded, the year-on-year increase in second and third tier cities fell, and the sales price of new commercial housing in 15 hot cities continued to remain stable. With the continuation of the property market regulation policy, the land market is hovering at a low level, and the number of primary and secondary cities has surged. To sum up, the growth rate of real estate related to the establishment of xinrenfen in April generally fell, and the adjustment policy is not relaxed. It is expected that the growth of related building materials demand in the later period will be weaker than that in the same period last year

in general, although the current market as a whole is driven by the period of snail, there are low-level and small exploratory rise operations, but in view of the fact that it is the end of the month, the financial pressure is also large, and the current national rainy weather, the overall demand in the downstream is weak, steel traders are mostly wait-and-see, and the procurement is not positive. In addition, the upcoming high temperature weather in June may inhibit the demand side, so in the later stage, the overall market in June may still show a decline or rise. 2 The situation of frequent use of flame retardants with less analysis of their advantages and disadvantages