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Has the steel price reached the lowest point now?
Steel rushed back and held a wait-and-see attitude for the time being.

Today, rebar futures continued to soar to 3566 yuan after gapping high, and then fluctuated all the way down, with only 0. 1 at midday.

1% increased by 3543 yuan. The wire also gaped higher, but then oscillated downward and closed slightly at 0. 17 at midday.

It rose to 3435 yuan.

According to the statistics of the World Iron and Steel Association, the global crude steel output in the first quarter was 264 million tons, down 22.8% year-on-year.

Among them, the global crude steel output in March was 92 million tons, down 23.5% from March 2008. Rate of return

The main reason for the decline is still due to the global economic downturn, the demand of major steel industries such as construction industry has shrunk, leading to steel.

The factory had to take measures to reduce production and limit production. According to the business flow in China, the overall consumption situation in China in the first quarter has improved.

According to the calculation of Productivity Promotion Center, in the first three months of 2009, the apparent consumption of steel in China was 14 1565438+ 10,000 tons, a year-on-year increase.

6.5%, 7.7% lower than the fourth quarter of last year, showing a significant improvement, while maintaining year-on-year and quarter-on-quarter growth for three consecutive months.

Potential. This will undoubtedly boost market confidence. In addition, it is reported that the management department is paying close attention to the third place.

The scale of the central investment plan may exceed the first batch of 654.38+000 billion yuan and the second batch of 654.38+030 billion yuan. According to sources.

While promoting the investment and construction of the first two batches of projects that have been issued, the central government will quickly issue the third batch of central investment, which is larger than before.

Two batches should be appropriately larger. The third batch of central investment was mainly implemented in the second quarter, and the investment field continued to focus on people's livelihood projects.

, affordable housing and major infrastructure construction. This will play a certain supporting role in steel prices. In addition, Poirot

The rebound of maritime dry bulk freight index is also very obvious, which has risen for the seventh consecutive day and reached 1797 on Tuesday.

3.45%, the highest level since March 18.

Graphically, today's rebar and wire rod continued the decline yesterday, and the price remained at the bottom of the previous construction.

Above the domain, after a round of rise, an appropriate callback is normal. Investors are advised to wait and see for the time being and wait for the right one.

The opportunity to enter.

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