Futures stand at 3700, and the steel index (Myspic) continues to rise this week


This week, the Myspic composite index reported 143.91 points, up 0.53% from the previous week. Among them, the Long Products Index reported 159.84 points, an increase of 0.68% from the previous week. The market price of construction steel rose slightly this week. The average price of threaded HRB400 (20mm) in 25 major markets across the country was 3860 yuan/ton, an increase of 38 yuan/ton from last week.

   The flat steel index this week was 128.67 points, up 0.36% from last week. Among them, the hot coil price index rose 0.37% from last week, and the plate price index fell 0.10% from last week. The national hot-rolled coil market rose slightly this week. The average price of 4.75mm hot-rolled coils in 24 major markets across the country was 3,935 yuan/ton, an increase of 5 yuan/ton from last week. The market price of 20mm plate dropped slightly. The average price of 20mm plate in 24 major markets across the country was 3,965 yuan/ton, down 5 yuan/ton from last week.