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The Billet prices rose steadily while pig iron prices fell slightly.

From July 2 to July 8, the domestic steel billet market fluctuated slightly, the overall trend tended to be peaceful, and the market trading situation is general. Due to the limited demand of steel market at present, it hinders the enthusiasm of downstream billet enterprises. In general, expected that the steel billet market will show a narrow shock trend in the later period.

Domestic pig iron market overall weak downward, the market transaction is relatively light. At present, the rigid demand of the downstream steel market is weak, and the raw material iron ore market slightly declined, the coke price began to drop. It is expected that the domestic pig iron market will continue the downward in the later period.

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