According to "My iron and steel" the latest monitoring results, last week, domestic construction steel spot prices in all callback, of which Guangzhou, the average price of high-priced market, the decline in the t 100 yuan more than the price slightly lower plate, hot-rolled product prices t overall decline 40-50 yuan, the average price of cold-rolled products t cut 30 yuan.

"Before the Spring Festival, it is estimated the domestic steel prices as a whole will not be ups and downs." Direction for the afternoon, the joint metal mesh Liu Ying told analysts, "International Finance News" reporter, "but, rebar and hot-roll prices, or will be with the electronic disk and futures prices show a definite trend for volatility. "

For the reason, Ying Liu explained that "because of the forthcoming Spring Festival, the market Renqibuwang, many steel traders have returned home. Recent national macroeconomic policy is also frequently introduced a negative impact on the market." As well as market analysis, but also because post-steel market, the largest uncertainties in the economic stimulus effect of the weakening of the state-owned enterprises to invest in ways to promote economic growth difficult to sustain.

In addition, "My iron and steel" monitoring shows that the 19 major domestic port of imported iron ore stockpiles continued to rise, reaching 67.42 million tons, setting a nearly 3-month high. Steel stock more new highs. Last week, data showed the nation's major cities in a long inventory of materials and panels total 12.34 million tons, compared with the previous week has increased by 38 million tons. Analysts pointed out that iron ore and steel stocks rose, or will continue to inhibit the movement of domestic steel prices.

However, it is noteworthy that, following the car to the countryside, home appliances to the countryside, the country will this year promote the "building materials to rural areas", there are industry estimates, "building materials to rural areas" will directly boost rural consumption more than 80 billion yuan.

"It is precisely because of this factor, so there are a lot of people are still optimistic, especially steel rebar prices in the trend after the Spring Festival." One analyst told reporters.