Steel prices fell by 0.4% last week

Last week, Myspic composite index at 77.98, a 0.85% drop from the previous week, fell flat. (MyIpic) iron ore comprehensive index is 66.4, a 1.34% fall from the previous week. Last week the futures market tight trading range, billet prices fell to 1700 yuan/ton.

Last week, the United States on August existing-home sales fell 4.8%, fell more than expected. Before September Markit manufacturing PMI initial value 53.0, 53. Yellen reiterated rates to rise in late 2015. The euro zone’s manufacturing PMI initial 52 in September, before a value of 52.3. Before September the composite PMI initial value 53.9, the euro zone value of 54.3. Gold ones with insuring 2%, more than $1150 a month. The ADB will growth prospects in 2015 to 5.8% in Asia, the economic outlook to 6.0% in 2016. Japanese manufacturing expansion slowed in September, new export orders and the biggest decline in nearly three years. Domestic aspects: prime minister li keqiang said there is no sustained depreciation of RMB. Plan in 2018, the full implementation of market access system of negative list. The state council issued to encourage non-public capital to participate in the mixed sector of the state-owned enterprise reform. August 70 large and medium-sized cities new commodity housing and second-hand housing prices from rising number increases, the city to rise slightly narrow. September goods new manufacturing PMI initial value of 47.0, in March 2009 to a minimum. Key iron and steel enterprises in September crude steel output 1.6476 million tons, ten-day yoy increase 03000 tons or an increase of 0.18%. Before August the national coal output of 2.41 billion tons, down 4.8% year-on-year. Shougang shares asset replacement approved, the overall listing real step.