At the present stage, the price of rebar has broken in the futures market, the leading manufacturers of color coated coil have made up for the drop one after another, the traders are generally pessimistic, the willingness to stock has dropped to the freezing point, and the demand has further weakened, so the market trend in the later stage is still worrying. The main factors are: the supply of steel in North China is slowing down, and the supply of steel in Northwest China is increasing; Steel mills in East China, South China and southwest China have lowered their ex factory prices one after another, while the new low of rebar futures has magnified the bearish sentiment in the market, and low inventory operation has become the consensus of businesses. What's the trend of steel price this week? In addition to the Traditional Northeast resources, there are also products from North China and East China entering the warehouse. However, after the short release of "entering the Expo" in Shanghai, the regional demand shrinks rapidly, so the inventory and sales volume show a trend of "one increase and one decrease". According to the information sent back from the warehouse, with the decrease of temperature, more northeast manufacturers will put resources into East China; however, in order to compete for market share, steel mills in Jiangsu, Anhui and other places will not reduce the quantity of goods delivered; therefore, for the Shanghai market, the contradiction between supply and demand in the later stage may further intensify. At present, compared with the highest point since 2018, the cumulative decline is 640 yuan. Although the high price risk has been released to a certain extent, we should also see that the market price of resource exporting places such as North China is lower, and Shandong, Anhui, Jiangxi, Fujian and other places in East China are still making up for the decline. Both vertically and horizontally, the steel index is still at a high level, and the decline space is further opened. Today, the domestic steel market fell significantly narrowed. After the baptism of Black Monday in the capital market, the bad news in the greenhouse pipe market seems to have been gradually released, and the phase steel also launched a strong rebound later. At the same time, Lange electronic coil high-speed wire rod and long-term hot-rolled plate have also staged a significant upward trend, thus driving the spot steel market popularity, steel traders' killing down means gradually stop, and the rising area of finished product market has become more obvious recently, which has spread today after a small rise yesterday. The sensitive areas of construction steel, color steel coil and medium and heavy plate varieties are now rising. The price of upstream billet is also rising slightly in midday, and the follow-up operation in the second tier cities has begun to move.