On August 6th, the total trading volume of construction steel in China was 106196 tons, a decrease of 3.51% on a daily basis and an increase of 29.43% on a weekly basis. Compared to the index, the trading volume decreased by 1.7 from 45.2 nationwide, decreased by 1.2 from 51.1 in East China, decreased by 5.6 from 36 in the south, and increased by 4.4 from 49.6 in the north.

On Wednesday, the national monitoring data of construction steel trading volume showed a slight decline in trading volume compared to yesterday, but the week on week performance was still acceptable; From a regional perspective, the trading volume of construction steel varies across different regions in China today, with an increase in the northern region and a decrease in the eastern and southern regions. Today, the price of rebar fluctuated and rose, with the mainstream spot price of rebar increasing by 10-30 yuan/ton, with only a few regions showing significant increases. Affected by news related to coal and coke, market conditions have been boosted, but heavy rainfall in the south and high temperatures in the north have suppressed the release of market demand, and transactions have not continued to increase. It is expected that construction steel prices will fluctuate narrowly tomorrow.

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