On July 21, the spot steel market was dominated by price increases, and all major futures market products rose, including rebar, hot-rolled coil, and iron ore, which rose by more than 2%, hitting a 4-month high. Coke rose by 5.05%, and coking coal rose by 7.88%, breaking through the 1,000 yuan mark.

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On July 18, the spot steel market was dominated by price increases, and all major futures market products rose, including rebar and hot-rolled coils, which rose by about 0.8%, iron ore, coke, and coking coal, which rose by 0.38%, 1.23%, and 2.55%. As steel mills' profits improved, blast furnace iron output increased, and raw material consumption increased.

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In the morning of the 13th, the mainstream ex-factory price of Tangshan Qian'an ordinary billet was stable at 2960 yuan/ton compared with yesterday, and the ex-factory price of Qian'an Songting Steel ordinary billet was stable at 2970 yuan/ton compared with yesterday. The warehouse spot price including tax was 3040 yuan/ton. The billet market transaction was general in the morning. The downstream finished product price remained stable.

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On July 7, the spot steel market rose slightly, and the main varieties in the futures market rose and fell. Among them, rebar and hot-rolled coil rose by about 0.25%, iron ore rose by 0.62%, coke fell by 0.42%, and coking coal fell by 1.06%. The current market high-end resource transaction performance is poor, and the sentiment-driven steel price increase momentum has slowed down. It is expected that steel prices will fluctuate today.

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At 9:30 on June 30, most of the black futures market rose, with coking coal up more than 1%, rebar, hot-rolled coil, iron ore, coke, and silicomanganese up, and ferrosilicon down. It is expected that steel prices will remain under pressure today.

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On June 22, local time, Kusari, a member of the National Security Committee of the Iranian Parliament, said that the Iranian Parliament has concluded that the Strait of Hormuz should be closed, but the final decision is in the hands of the Iranian Supreme National Security Committee; the resumption of steel production increased last week. 01#

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