Steel supply and demand weak double pattern has been set, tight balance between supply and demand or the next major situation, affected by the decline in demand, the market pessimism still exists, which will dominate the steel price in the future the probability of concussion operation. However, there are still heating capacity constraints, steel prices in the fourth quarter or have the opportunity to rise.

Immediately into November, when the heating season will be the full implementation of environmental protection, supply and demand weak, and from the recent Tangshan government additional three days of shutdown view, the future of the environmental impact of production constraints or is still expanding, then supply or weaker than demand Decline, steel prices still have the opportunity to go up.

Iron Ore: Port iron ore inventories continued to rise this week, the iron ore market supply pressure is still considerable, but the heating season has begun to implement around the cut, iron ore demand weakened weaker, leading iron ore prices continued to low this week Run, taking into account the immediate full implementation of heating limited production, as well as the supply of foreign ore. Expected future price of ore will continue to weaken the shock.