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Mainstream varieties of steel market prices fluctuated slightly, the cost of the steel city of the intensity of support continue to weaken, the downstream demand continues to light, to maintain the high level of social inventory of steel and steel inventories will suppress the formation of steel prices, steel overhaul cut plan, although there arethe increase in crude steel production data from the China Steel Association kine in early August, substantive cut effect is not obvious, short-term market fluctuations consolidation will remain situation.

According to the data, this week (2012.8.20-8.24) domestic steel market prices will be slightly lower, the long steel market price will be slightly lower sheet market price is steady with a slight decline.

From the market survey, is expected to week (2012.8.20-8.24) domestic long products market prices fell slightly, the sheet metal market prices will be stable and a slight decline; the market price of raw materials will decline slightly, iron ore, coke, scrap and billet The market price will decline slightly.