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Will the price of construction steel go up?
Seeing the new regulations issued by the bank, I decided to reduce the interest on home purchase loans. This is the government's measure to stimulate the slow recovery of the real estate market. It is estimated that the weakness of the construction market will ease slightly in the second half of the year, at least the price of steel bars will not fall again, but the upward trend is not obvious.

Purchasing Managers Index (PMI) of manufacturing and non-manufacturing industries in China was released at the same time on 20 15, 1, 20 14 and 12. The data shows that in 65438+February, the PMI of China's manufacturing industry was 50. 1%, down 0.2 percentage points from the previous month; The non-manufacturing business activity index was 54. 1%, up 0.2 percentage points from last month. In addition, it was learned from the Shanxi Provincial Local Taxation Bureau that the coal resource tax in Shanxi Province has been implemented at the rate of 8% since 20 15 1. From 20 14, 12, 1, the reform of coal resource tax ad valorem will be implemented nationwide, and relevant fee funds will be cleaned up. Provinces will set their own tax rates at 2% to 10%.

On the whole, the market rose locally before the holiday. The policy of steel mills was mainly lowered, and the billet holiday fell sharply, and the demand after the holiday was not optimistic. It is expected that the market will wait and see today, and the quotation will be weak and stable.