Group 1 - Zhongtian Steel announced that the prices for rebar, wire rod, and coiled rebar remained stable in early September, with rebar priced at 3400 CNY/ton and wire rod/coiled rebar at 3600 CNY/ton [1] - As of September 2, the spot price for rebar was reported at 3170 CNY/ton for Yonggang brand and 3180 CNY/ton for HRB400 brand in Hangzhou [1] - On the futures market, the main contract for rebar closed at 3117.00 CNY/ton on September 2, with a slight decline of 0.16% [1] Group 2 - As of September 2, the Shanghai Futures Exchange reported a total of 214,621 tons of rebar futures warehouse receipts, an increase of 3,683 tons compared to the previous trading day [2] - The number of operational blast furnaces among 23 sample steel companies was reported at 89, with all steel mills conducting planned maintenance and an additional 16 furnaces undergoing repairs [3] Group 3 - According to Hualian Futures research, there has been a slight reduction in production from blast furnace steel mills, leading to a marginal decrease in molten iron supply, while rebar production has seen a slight increase [4] - The seasonal rise in steel inventory continues, with mixed expectations regarding demand during peak seasons, resulting in market pressure due to increased supply and weak demand [4] - The short-term market is expected to lack significant drivers, with steel prices likely to maintain low-level fluctuations [4]
库存持续累库 预计螺纹钢维持低位震荡运行
Jin Tou Wang·2025-09-02 08:44