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Seamless steel pipe today the domestic steel market rising operation; The price of building materials market rose slightly, the price of hot rolling rose, the price of medium and thick plate generally increased, the price of cold rolling was stable, the price of coating was strong, the price of strip steel rose, the price of welded pipe galvanized pipe became stronger, the price of seamless pipe was stable, the price of profiles was stable, and the price of special steel rose slightly; Specific market changes of various steel varieties
From last week (October 23 to October 27), the central bank carried out 808 billion yuan and 593 billion yuan reverse repo on Monday and Tuesday to hedge the impact of factors such as the tax period; Reverse repos of 500 billion yuan, 424 billion yuan and 499 billion yuan were carried out from Wednesday to Friday to maintain stable liquidity at the end of the month. Overall, the central bank carried out a total of 2,824 billion yuan of reverse repos last week, and after hedging 1,454 billion yuan due, the central bank achieved a net investment of 1,370 billion yuan in reverse repos. From the point of view of the price of funds, according to the data of China Money Network, on October 23, DR007 (the weighted average interest rate of 7-day repurchase of deposit institutions in the interbank market) fell significantly from October 20, from 2.3108% to 2.004%. At the end of the month, however, money remained relatively tight, with DR007 averaging 2.07% last week, above the current short-term policy rate (1.8%).
