November 5th domestic pipe fittings steel raw materials spot market ups and downs.
        With steel, ore, coke prices continued to fall, reaching a critical point, and with the macro-economic decline touch bottom superposition effect, stimulate the market complement library and bargain hunting behavior, will strengthen the demand stimulus effects. Sometimes, this effect is also very powerful enough to set off short-term market waves, so investors and traders by surprise.
         Among them, the import of iron ore spot market continued weak downward; weak domestic ore market operation; steel billet market Pu up; coke market continues to stabilize in the good run; sea market continued to rise. 5, most of the country's steel billet rose, which Jiangsu steel billet prices rose 25 yuan / ton, Shandong, Shanxi, Liaoning region prices rose 30 yuan / ton, Tianjin prices rose 20 yuan / ton.
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Pig iron market weak steady, downstream demand is still no improvement, the transaction is poor. At this stage raw materials although support is sufficient, but the demand for pig iron poor inhibition prices; steel pressing obvious is currently by the iron valence, clinch a deal the price on the high reported low mainly, in substantial improvement in the terminal demand has not been, is expected to market in the late Iron continued weak to run.
        Recently, due to the impact of the environmental protection measures, limited production and overhaul of blast furnace in the steel mills in Hebei, resulting in a further weakening of demand for raw materials, some domestic mines iron concentrate production is also a slight adjustment. Overall, the background of the downturn in the environment, the expected short-term domestic ore market will continue in the doldrums. As prices continue to fall, the stimulus effect on the steel demand will gradually release. This is mainly reflected in the same currency can buy more steel. Therefore, in 2015 the completion of the fixed assets investment, which means greater consumption of steel.