In the week, the domestic billet market fluctuated and the overall transaction performance was acceptable. Tangshan billet market is strong and volatile. At the beginning of the week, the billet price was raised sharply. However, considering the large reduction in the price of billet in the previous period, the merchants have doubts about the continued rise in billet prices, and they still have a hollow view on the market outlook. Near the weekend, the price of black futures rebar oscillated downward, and the finished steel products were in general, and the market enthusiasm declined. On the one hand, the current terminal demand is gradually shrinking, and the billet price has risen sharply. There is still resistance. Most merchants hold a wait-and-see attitude towards the winter storage, and they are also biased towards the market outlook. On the other hand, with the implementation of the heating season limit production, Billet resources will become more and more tight, considering the current steel billet profits, the manufacturers have a strong price mentality. Judging from the current situation, due to the obstruction of the finished steel products, the rolling mills are not well-sold, and the rolling mills are cautious and wait-and-see, and there is no obvious intention to replenish the warehouse. Considering comprehensively, it is expected that the steel billet market will be oscillating in the later stage.

In the week, the domestic pig iron market remained the following behavior, and the overall market transactions were general. Affected by the continued decline in coke prices, steel mills stopped buying pig iron. Ironworks are difficult to ship, stocks continue to increase, and quotations have been lowered. Some iron mills have even suspended bids. In most areas, there is no market price or no price. At present, the prices of steel billets and finished steel products have rebounded and rebounded, which has boosted the mentality of the pig iron market, but the transaction has not improved significantly. Judging from the current situation, the demand for pig iron is sluggish, and the market trading atmosphere is sluggish, but the price of pig iron is already at a low level, the merchants are willing to continue to fall, and the price of raw materials is stable, the cost support is stable, and the downside of pig iron prices is limited. Therefore, it is expected that the domestic pig iron market will be stable and weak in the later period.