Steel prices will continue to decrease

May’s hong kong-listed, falling endlessly, steel spot market prices, or is big. The coming of the June, weak cannot alter, hitting a space to expand, lack of gains kinetic energy, low or theme. Arrival steel mills ex-factory price adjustment period again, it is flat? Or cut? If it should not be difficult to choose, cut, cut? Good for own shipment, make own benefit maximization, and minimal impact on the market, and the need to measure. After all, desolate and cost recovery of the market, the pressure of the inventory and the lack of money, pressure are intertwined. Is the most simple, but with the evolution of the steel spot market prices in May as a result, the evolution trend of the may and June. Is expected to come in July, 2015 major steel mills, carbon CQ level varieties ex-factory price adjustment will still cut is given priority to, both draw: hot rolled plate, line long screw material with cold plating coating the downward adjustment of the product scope in 0 ~ 200 yuan/ton, take the high risk of intermediate value adjustment interval. One, falling steel prices in May 2015, unilateral, or enlarge, long products led, cold is followed in May the home of steel (China) steel price benchmark index SHCNSI month average of 2716.55 yuan/ton, from April 2778.62 yuan/ton average drop of 62.07 yuan/ton, or 2.23%, down 1.60% in January before; Parent material of steel price index SHCNSI -l and flat material price index SHCNSI -f month average respectively than in April, down 78.20 yuan/ton and 42.22 yuan/ton, or 2.23% and 2.23%, long products average price decline in May. Rebar, wire rod prices continue to fall, drop to expand. Rebar prices may SHCNSI – RB, wire price index SHCNSI -l monthly average respectively than in April, down 89.33 yuan/ton and 85.90 yuan/ton, or 3.55% and 3.38%, average losses were higher than in long products, and at the end of the price decline, rebar, wire rod month-on-month drop of 5.86% and 5.86% respectively, as a result, average in June will continue to decline. At the end of the market price is as shown in table 1. Steel of the hong kong-listed domestic construction steel market summary data shown in the 28 major cities in the market, each big market in May 20 ¢㎜ HRB400 rebar spot prices fell, the decline range in 40 ~ 460 yuan/ton, down an average of 151 yuan/ton, slide gap is great, among them, urumqi, chongqing and guangzhou fell 460 yuan/ton, 300 yuan/ton and 300 yuan/ton, chengdu, xi ‘an, guiyang and changsha, four market fell 290 yuan/ton, 280 yuan/ton, 260 yuan/ton and 210 yuan/ton, the southwest market declines fiercer; Basic in east China’s market decline range between 100 ~ 170 yuan/ton, the north China market decline range basic between 40 ~ 90 yuan/ton, fall is relatively weak. Rebar spot prices may decline, 4, 5, two months average dropped more than 250 yuan/ton, the steel demand season prices are low, reflecting the weakness in the market, short-term ferocious fall, should need respite, around rebar price declines in June will continue to divide, decline of big southwest, south China and east China market decline should be slow, even stabilizing, namely suppression before stabilizing probability; And north China and northeast market or will follow to fill down first, after the stabilization and recovery, the overall decline of convergence.