About Steel: Last week (January 29-February 2), the domestic steel market prices decreased as a whole. On February 2, SteelHome's benchmark steel price index was 4479 yuan/ton, down by 13 yuan/ton week on week. Among them, the price index of long steel was 4080 yuan/ton, down by 13 yuan/ton; The price index of flat steel was 4270 yuan/ton, up by 18 yuan/ton. For the main steel categories, the price index of rebar was 4015 yuan/ton, down by 10 yuan/ton; The price index of medium and heavy plates was 4155 yuan/ton, down by 3 yuan/ton; The price index of HRC was 4149 yuan/ton, down by 26 yuan/ton; The price index of CRC was 4826 yuan/ton, up by 8 yuan/ton.

In term of stainless steel, the stainless steel price index was 12806 yuan/ton, up by 2 yuan/ton week on week. In which, the price index of 300 series stainless steel was 16800 yuan/ton, down by 53 yuan/ton; The price index of 200 series stainless steel was 9648 yuan/ton, unchanged; The price index of 400 series stainless steel was 8299 yuan/ton, up by 152 yuan/ton.

About raw materials: Last week, the domestic prices of metallurgical coke, coking coal and PCI were mainly stable.

On February 2th, SteelHome's price index of imported 62% iron ore was $129.37 per ton, down by $6.85 week on week, and The trading volume of the seaborne market significantly declined last week; The price of 61.5% PB fine in Qingdao Port down by 40 yuan to 995 yuan/ton; On February 2th, SteelHome’s price index of ordinary carbon billet at was 3618 yuan/ton, down by 82 yuan/ton week on week, and the price of ordinary carbon billet in Tangshan, Hebei Province decreased by 100 yuan to 3550 yuan/ton. SteelHome’s price index of 's HMS was 3056 yuan/ton, up by 1 yuan/ton week on week.

About Ferrous Futures: Futures price changes last week: Both rebar and stainless steel decreased by 3.7%, iron ore decreased by 4.9%, coking coal decreased by nearly 4%, coke decreased by 5.35%, silicon-manganese decreased by 2.73%, and ferro-silicon decreased by 2.92%.

About Inventory and Transaction: The total inventory of five major types of steel in China last week was 18.5302 million tons, an increase 6.68% compared to the previous week. Among them, the market inventory increased by 7.56%, and steel mill inventory increased by

Last week, the daily average trading volume of rebar was 16,000 tons, a decrease of 62.8% compared to the previous week; The daily average trading volume of medium and heavy plate was 10,100 tons, a decrease of 42.7% compared to the previous week; The daily average trading volume of HRC was 10,200 tons, a decrease of 41% compared to the previous week.