About Steel: This week, the domestic steel prices generally fell as a whole, with the prices of construction steel fell by 30-190 yuan/ton, HRC prices fell by 20-170 yuan/ton, CRC prices fell by 30-120 yuan/ton, plate prices fell by 20-110 yuan/ton, and stainless steel prices fell by 100-400 yuan/ ton. At present, the market demands are still at a low level, and the overall transactions are still thin, it still takes time for favorable policies to take effects to improve demands. It is expected that the domestic steel prices will continue to fall next week, with a range of 10-50 yuan/ton.

          This week, the seaborne iron ore price fluctuated slightly, and domestic steel mills were not active in purchase; The domestic semi-finished steel prices fell, as of Thursday, the Ex-work prices of standard carbon billet in Tangshan was reduced by 60 yuan to 4450 yuan/ton; The domestic scrap prices fell. It is expected that in the short term, the seaborne iron ore price will continue to fluctuate slightly, the semi-finished price will fluctuate, and the scrap prices will fell slightly.