The hottest steel price is falling, and the price

2022-08-14
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Steel prices are in a downward trend, and raw material prices are under pressure

since November, steel prices have entered a downward trend, with prices of all varieties falling to varying degrees. Since November, steel prices have entered a downward trend, with prices of all varieties falling to varying degrees. Among them, the national average spot price of rebar has fallen below 4000 yuan/ton, and the price in Beijing, Tianjin and other places has fallen to about 3500 yuan/ton. The price of steel billets has suffered a sharp decline, with a cumulative decline of more than 1000 yuan per ton from the highest point. In North China, the billet business has been at a loss. Demand and production restrictions are less than the same period last year, which has become the main factor for the recent sharp weakening of steel prices

steel prices accelerated their decline

since this year, steel prices have peaked at 4715 yuan/ton on November 1. Then it fell all the way, showing a trend of accelerated decline recently. As of November 28, according to the monitoring data of Lange Steel's cloud business platform, Lange Steel's comprehensive price index was 146 points, down 1.5 points from the previous day; The average price of 25mm grade III deformed steel bar in the top 10 major cities in China was 3897 yuan/ton, down 50 yuan/ton from 3947 yuan/ton the previous day, and nearly 800 yuan/ton from 4715 yuan/ton, the peak this year; The price of steel billet in Tangshan was 3040 yuan/ton, down 410 yuan/ton from the previous week and 1070 yuan/ton from the highest 4110 yuan/ton this year

wangguoqing, director of Lange Iron and Steel Research Center, said that the reason for the cliff like decline was mainly that experiments were carried out in only two directions under such circumstances, which was related to factors such as demand and environmental protection and production restriction. At present, the demand for construction steel has shifted from the peak season to the off-season, and the demand has gradually weakened. This year, the environmental protection and production restriction policy has also changed, and the one size fits all policy has been cancelled, and the intensity of production restriction is lower than that of the same period last year. The difference can be seen from the blast furnace operating rate. At present, the blast furnace operating rate of 100 small and medium-sized enterprises of Lange Iron and steel is 78.2%, compared with 73.9% in the same period last year. At the same time, lack of market confidence is also an important factor. In addition, there is a need to repair the current discount. In November, the decline of rebar spot was higher than that of futures, realizing a certain repair

Changjiang Securities analysts believe that the recent sharp decline in steel prices is mainly due to the weakening of industry demand and the unchanged high supply pattern. The trading volume of building materials fell by 11.7% this week, while the supply in the second week of limited production in the heating season was still nearly 10% higher than that in the same period last year. The operating rate of blast furnaces in Tangshan was about 68%, which was only about 40% in the same period last year; In addition, the demand expectation became worse, and the inventory structure showed a trend of transmission to steel mills. The total inventory decreased by 0.2%, and the decline continued to narrow. Among them, the accumulation of factories and warehouses accelerated, and the de stocking speed of social inventory slowed down

the price of raw materials is under pressure

as the price of steel continues to fall, the profitability of the industry per ton of steel 5. The measurement and control system of the experimental machine (i.e. software and hardware) qb/t 3897 ⑴ 999 galvanized welded mesh (5) 5. Anti tension line of solder joint. With the increasing pressure on profits, steel enterprises began to suppress the price of raw materials. Changjiang Securities believes that the pressure of raw material price will be greater than that of steel price in the future

coke trend is obvious. On November 28, the coke market was weak. The third round of coke price reduction basically fell to the ground. Some mainstream steel mills in Shandong and Hebei opened the fourth round of increase and decrease, with a decrease of 150 yuan/ton. The frequency of coke increase and decrease was accelerated, and the decrease increased. In fact, the inventory level of coke enterprises is not high at present. Zhangyangyang, an analyst of Mysteel coal and coke division, pointed out that the coke supply is still in tight balance at present. The current round of decline in coke prices was mainly driven by the decline in finished material prices, and the shrinkage of steel mills' profits actively suppressed the price of raw materials. The extent of the subsequent decline in spot coke still depends on the actual implementation of production restrictions in various regions during the heating season. Entering the heating season, the composition and main functions of Shan 2 hydraulic pulsator: local coke steel enterprises in West China and Shandong have successively started to implement peak staggering and production restriction in autumn and winter. According to Mysteel research, except for the production limit of coke enterprises in Xuzhou due to policy factors of about 50%, the inspection efforts in other regions are relatively weak, and no one size fits all measures have been taken, and the overall production limit is not as strong as that in the same period last year

in terms of imported ore, on November 28, Mysteel data showed that 61.5% of Australia's fine ore in Jingtang Port was reported at 512 yuan/ton, unchanged from yesterday's price. At present, the mentality of the iron ore spot market has warmed up. Some low inventory steel mills make up a small amount of stocks. The spot market transactions of imported iron ore ports in North China are acceptable. Steel mills gradually start to make up stocks in a small number of times. It is expected that the recent iron ore price shocks will be the main factor

it is understood that some steel mills in the north have stopped purchasing scrap steel, and the market is in a strong wait-and-see mood. Mysteel scrap price index was 2364.2, down 1.13%. Some steel mills in northern China stopped receiving or received goods at a significantly reduced price. The arrival situation is general, mainly consuming their own inventory. At present, the market quotation is chaotic, and the supplier has a strong stabilizing mentality. It is expected that the short-term operation will be weak

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