If the price of 69-grade iron ore is 170 (market price), the cost of electricity is 0.96 yuan (industrial electricity), and the cost of coal is 1.860 yuan per ton (long-term cooperative price), including tax, the cost is 4,900. If the domestic dry ore price is 1 260 and the cost price is 4680, the dry iron ore powder is only 60.

So now steel mills have begun to limit production.

Steel falling below the cost price 10% is generally a signal that the financial system has bottomed out. Therefore, if the macro remains unchanged, there will be a rebound in the long run and the supply will be less.

However, steel mill news: June 265438+1October 2 1, Shagang released the price policy for some products in late June 201. This adjustment is based on the price policy of 10 in mid-June. The execution prices of the main varieties are as follows:

1, rebar price reduction 120 yuan/ton,

2. The price of high-speed wire is lowered 130 yuan/ton;

3. The snail price is lowered 130 yuan/ton;

All the above adjustments are tax-included, and the implementation date is 20 1 1 year 1 month 2 1.

Explain that it will fall in the near future, coupled with real estate regulation and control, and the benchmark interest rate of mortgage will rise, which can explain. The specific operation should be based on your funds and positions.

Chuangyuan futures Wuxi business department