本周北京方管市场价格小幅波动。近期期货市场震荡向上，钢坯价格小幅反弹，北京方管市场价格窄幅调整，上涨和下跌幅度不大。上半周期货价格价格上涨，对现货市场有一定的带动作用，市场 价格小幅上涨，但价格上涨，市场成交没有放量，下游采购不积极，大户日成交量在100-2500吨左右。低价出货较好，下半周商家报价略有松动。目前钢厂 资源到货不多，整体库存有小幅下降。

This week, Beijing's market prices fluctuated slightly. Recent futures market shocks upward, billet prices rebounded slightly, Beijing square tube market prices narrowly adjusted, rising and falling margins are small. The price of goods in the first half of the cycle rises, which has a certain driving effect on the spot market. The market price rises slightly, but the price rises, the market turnover does not release, the downstream purchasing is not active, and the daily turnover of large households is about 100-2500 tons. Low-price shipment is better, and the quotation of merchants is a little loose in the second half of the week. At present, steel plant resources are not available, and overall inventory has slightly decreased.

当前全球经济放缓，美国联邦储备委员会于北京 时间周四凌晨公布的货币政策会议纪要显示，该机构目前仍对利率政策保持耐心，并无减息或降息必要。随着中美贸易战利空得到释放，市场得到修复性反弹的机 会。5月份下游需求释放已较四月份趋弱，淡季需求转弱预期，以及半年期资金面的趋紧，使市场操作谨慎，目前市场库存小幅上升，高温来临，下游需求减弱，预 计下周北京方管市场价格将呈小幅波动的态势。

As the global economy slows down, the minutes of the Federal Reserve's monetary policy meeting released early Thursday morning in Beijing time show that the agency is still patient with interest rate policy and there is no need to cut or cut interest rates. With the release of the trade war between China and the United States, the market has a chance to rebound. The release of downstream demand in May is weaker than that in April, the expectation of weak demand in off-season and the tightening of funds in half-year make the market operate cautiously. At present, the stock of the market is rising slightly, the high temperature is coming, and the downstream demand is weakening. It is expected that the price of Beijing Square Management Market will fluctuate slightly next week.

价格方面，截至5月24日，北京市螺线沙龙批量成交指导价格：Φ8-10mm高线为4800元(吨价，下同)，与上周同期持平。河 北钢铁集团产Φ12mm三级抗震螺纹钢为4080元，比上周同期上涨20元；Φ25mm三级螺钢为4080元，比上周同期上涨20元。

Price, as of May 24, Beijing Spiral Salon bulk trading guidance price: 8-10mm high line is 4800 yuan (ton price, the same below), and the same period last week. Hebei Iron and Steel Group produced 12mm three-stage aseismic screw steel at 4080 yuan, up 20 yuan from the same period last week; 25mm three-stage screw steel at 4080 yuan, up 20 yuan from the same period last week.