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May 10, the domestic steel market fell, Qinhuangdao Lu long Pu billet factory tax reduction 30 to 3450 yuan/ton, Tangshan Qian 'an Pu billet tax reduction 20 to 3470 yuan/ton. Transaction, the market mentality turned bad, the emergence of low resources, just demand and speculative demand weak.On May 10, the conch fell and closed at 3688, down 0.86%. DIF and DEA overlapped, and RSI three-line index was located at 38-44, running between the middle and lower tracks of the Bollinger belt.
