The global panic index climbed nearly 30 percent, European and U.S. stock markets fell and U.S. oil prices hit new one-week lows as a result of the closure of the UK's "super New crown".Domestic black overnight down for a while, then pull up sharply, the day again crashed down, iron ore led by the black, the dalian institute of iron ore futures contracts for each month fully implemented trading limits, spot by fear of high sentiment, the individual market Yin down shipment.

1, phase steel impact high fall, spot Yin fall

Affected by the outbreak of the international, the global capital market, commodities fell, domestic futures stock both weaker, high steel days rushed back, issue 11 to 4368 screw down slightly, phase volume rose 25 to 4698, led by a black iron ore department, or 4.78%, down 53 to 1055, coking coal fell 24 to 1552, coke fell 32 2725.5.At present, the futures downward pressure is obvious.

Spot, merchants are still in the price increase, but the market has appeared negative situation, fear of high mentality led to light trading.

The average price of 20mmHRB400E is RMB 4,548 / ton, which is RMB 147 / ton higher than that of the previous trading day.

Among the 24 hot coil markets, 17 markets rose 50-290, and 3 markets fell 10-20, 4.75. The average price of hot rolled coil was 5,024 yuan/ton, which was increased by 98 yuan/ton compared with the previous trading day.

Among the 24 markets in the middle board, 21 markets rose 10-300, one market fell 50, and the average price in the middle board of 14-20mm was 4836 yuan/ton, which was increased by 120 yuan/ton compared with the previous trading day.

2. Billet growth slows down and inventory increases slightly

On December 22, 2020, the billet in the morning slightly increased by 20 yuan/ton, and the transaction was general, while the transaction at the end of the billet was relatively weak. The total inventory of billets in Tangshan No. 3 warehouse was 336,700 tons, with a slight increase of 22,900 tons.Among them, the billet inventory of Zhengfeng Warehouse in Xiangyu was 92,300 tons, with an increase of 66,500 tons;The billet inventory of Haiyi Hongrun Warehouse is 212,800 tons, with an increase of 16,200 tons;Product Zhenxiang steel billet inventory 31,600 tons, an increase of 0.02,000 tons.Intraday bullish sentiment has weakened.

3,Iron ore futures fell more than 7% on the Singapore Exchange

Local time, the British health minister matt Hancock, 20, said the British have to will be coronavirus variants of out of control and epidemic prevention level rose to the highest level 4 multiple regions, and the capital letter again, cause the international market worries about the spread and the economic recovery, global panic index climbed 30%, stocks fell across Europe and the United States, then drop in oil prices, a weaker commodities, the Singapore exchange iron ore futures fell more than 7%, a decline of nearly 5%, main domestic iron ore contracts sending three notice to dalian, for iron ore months contract trading limits, full implementation of the risk control of external input.Iron ore led the black system, the market is expected to turn weak.

4, steel prices are still flat, the market turnover is light

Steel prices remain, river Steel plate in January by 600-800, incomplete statistics, today 34 steel prices, there are 30 by 20-300.Indicates that the steel mill is still short price, but the market price began to overcast, light trading.There are signs of further weakening in prices.

To sum up, the "super new crown" in the UK triggered global market worries, as commodities weakened, domestic steel boom fell back, iron ore led the decline. Although spot quotation was raised, the market volume was light, and some areas were overcast, so we were alert to the risk of steel price decline.