About Steel: Last week, the domestic spot steel prices mixed. The price of construction steel dropped by 20-80 yuan/ton; The prices of HRC decreased by 20-100 yuan/ton, the price of medium and heavy plate decreased by 10 to 60 yuan/ton, and the price of CRC mixed with up or down by 10-30 yuan/ton in different markets; The price of large and medium-sized profiles decreased by 10-70 yuan /ton. In terms of stainless steel, the prices of 304 stainless CRC mixed with up or down by 50-100 yuan /ton, the prices of 201 and 430 series stainless steel also mixed with up or down by 50-100 yuan /ton.

About raw materials: Last week, the domestic prices of metallurgical coke increased; The domestic prices of coking coal were stable in most markets while increased 50-90 yuan/ton in a few markets; The domestic prices of PCI were mainly stable.

The price of imported iron ore decreased, and the seaborne price of 61.5% PB fine by $8 to $105/ton; The domestic Ex-work prices of semis e fluctuated with downward trend, with a cumulative drop of 70 yuan to 3580 yuan/ton in Ex-work prices of billets in the Qian'an area of Tangshan; The domestic scrap prices fell by 10-30 yuan/ton in most markets.

About Ferrous Futures: Rebar and HRC decreased by about 3%, stainless steel increased by over 1%, iron ore decreased by nearly 2%, coking coal decreased by 1%, coke decreased by about 3%, ferrosilicon increased by nearly 2.5%, and silicon-manganese increased by over 1%.

About Industry: According to statistics from the China Steel Association, the daily average production of crude steel, pig iron, and finished steel by participating member steel enterprises in late July was 2.1356 million tons, 1.9237 million tons, and 2.1617 million tons, respectively, a decrease of 4.99%, 4.22%, and 0.35% compared to the previous month.