The supply and demand of EN S275JR structure steel plates is limited, and the price in July is shocked.
Market review: the terminal demand for EN S275JR structure steel plates is slowing down, and steel prices rise first and then down in June.
Supply analysis: crude steel daily production maintains high and steel exports increase.
Demand analysis: the demand for EN S275JR structure steel plates in high temperature rainy days is decreasing, and social stocks are dropping.
Macro analysis: in June, a number of economic downturn, the release of targeted reduction is loose.
Comprehensive view: in July, the EN S275JR structure steel plates domestic market will be in the weak trend of supply and demand, on the one hand, the heat and hot weather affect the construction of the project, the investment in infrastructure construction has fallen sharply, the government clears the unregulated PPP project, the state opening bank reclaims the project approval power to change the project and so on, the market purchase demand is weak and difficult to change; on the other hand, environmental supervision work normalization. We must resolutely win the battle of the blue sky, increase penalties and reward for the reports, and some of the S275JR steel enterprises will stop production and rectification because of environmental factors, and the supply of market resources will remain low. Overall, in July, domestic steel prices were unlikely to rise and fall. The overall adjustment will be dominated by weak shocks.
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