The hottest steel price stopped falling, and the s

2022-08-15
  • Detail

The steel price stopped falling, and the steel market fluctuated strongly.

Abstract: today, the average price of spiral coil slightly stabilized, but the rest of the varieties continued to fall and ship, and the market wait-and-see atmosphere was strong. On the whole, after the recent sharp decline in the market, the overall willingness to continue to decline is weakened, especially the National Day holiday is coming

the average price of snails stabilized slightly today, but the rest of the varieties continued to fall and ship, and the market was in a wait-and-see atmosphere. On the whole, after the recent sharp decline in the market, the overall willingness to continue to decline is weakened, especially the National Day holiday is coming. But at the same time, it is difficult to be positive in the short term. In addition, the inventory digestion operation is mainly used, and the merchants steadily withdraw funds to make orders for steel mills. In the future, the steady recovery of futures and billets will give some support, and the steel market may continue to consolidate in the range. It is suggested to control inventory reasonably

focus today

macro hot spots

1. [the main part of Shanghai zinc futures closed up more than 2%, and coking coal fell more than 1%] Shanghai gold, Shanghai Bank, manganese silicon, hot coil, Shanghai lead and Zheng cotton rose more than 1%, while Zheng coal, Shanghai copper, rebar, Shanghai nickel, eggs, rubber and Shanghai aluminum closed up. Glass, coke, ferrosilicon, sugar and iron ore ended lower

2. The main reason is its high production cost [the three indexes contracted and consolidated in the afternoon, and the secondary new shares fell sharply, and the lithium battery sector recovered]

3. [Zhengzhou introduced a plan: limit the production capacity of steel by 50% in the heating season]

4. [BMI: China will lead the downward trend of Asian crude oil production in the next 10 years]

billet: the price of the national billet market is stabilizing. In Tangshan morning trading, the steel market was adjusted to be stable and low, the transaction of steel billets was weak, the price of downstream finished products was adjusted to be stable and weak, the straight delivery of steel billets in Tangshan was weak, and the warehouse spot RMB/ton, including tax, was traded; The futures snails are firm and higher, the overall operation of the spot market is still cautious, the shipment of some resources of downstream finished materials is acceptable, and the overall performance is general, and the billet is stable in the afternoon

spot of domestic mines: the market of the main producing areas of domestic mines fell. Prices in North China fell in part. Tangshan 66% dry base tax cash ex factory yuan/ton, Qianxi 66% dry base tax cash ex factory yuan/ton, Qian'an 66% dry base tax cash ex factory yuan/ton; Zunhua 66% dry basis tax included cash ex factory yuan/ton; Kuancheng 65% dry basis tax inclusive cash factory 600 yuan/ton; Luanping 63.5% vanadium titanium powder dry basis tax included cash factory 627 yuan/ton; Hanxing Bureau 66% (alkali) now implements 619 yuan/ton; Shahe 64% (alkali) wet basis tax free spot exchange ex factory is 540 yuan/ton; Wuan 64% (alkali) wet basis tax free spot exchange factory 540 yuan/ton

imported ore spot: the quotation of traders in the imported ore market in the morning fell slightly by about 10 yuan compared with yesterday, and the market sentiment was weaker than yesterday. Traders basically focused on shipping, while steel mills had general purchasing sentiment, general transaction performance throughout the day, and weak transaction prices. Up to now, market transactions: Caofeidian port: Pb powder 487; Huanghua Port: jinbuba powder 480; Lianyungang: Aojing 560

steel spot

construction steel: the price of domestic construction steel is adjusted in a narrow range today. In terms of specific prices, the average price of deformed steel bars in 25 major cities across the country was 4060 yuan/ton, up 4 yuan/ton from the previous trading day. Among them, central China, northern China and some parts of eastern China rebounded at a low level, southern China was still weak, and other markets stabilized. In terms of the specific market, affected by the recovery of yesterday's low transaction and the strengthening of snails in the night trading period, the domestic market quotation in the opening session today stopped falling and stabilized. In the late opening session, the main snails continued to rise, spot transactions were small and large-scale, and the intraday merchant quotation was stable and stronger. At present, the demand for goods preparation before the holiday has been released slightly, and the overall price has stopped falling and stabilized. It is expected that domestic construction steel will run in a strong shock tomorrow

hot rolled coil: today, the hot-rolled price in 24 major cities in China fluctuated. The national average price of 3.0 hot-rolled coil was 4160 yuan/ton, up 3 yuan/ton from the previous trading day, and the national average price of 4.75 hot-rolled coil was 4102 yuan/ton, up 2 yuan/ton from the previous trading day. Today, the futures market fluctuated upward, the market mentality was boosted, and the quotations of merchants rose steadily. As the National Day holiday approaches, the actual transaction time in the market is not much, and the willingness of downstream users to prepare goods is not strong, so the transaction is difficult to be significantly released. In the short term, the market is in a narrow volatility pattern, and there is little room for prices to rise and fall. Today, the market price of steel billets remained stable, and the current price of carbon billets is 3500 yuan/ton. Overall, it is expected that the hot rolling market price will fluctuate tomorrow

cold rolled sheet and coil: today, the national cold rolling price is weak and lowered. Price: 1.0 the national average cold rolling price is 4643 yuan/ton, down 12 yuan/ton from the previous working day. In terms of main market prices: the quotation of 1.0mm WISCO coil in Shanghai market is 4510 yuan/ton, and the inertia moment of the frame can be increased under the same weight. The quotation of 1.0mm Angang coil in Guangzhou market is 4610 tons, and the quotation of 1.0mm Angang Tiantie coil in Tianjin market is 4350 tons. Market: futures strengthened today, market purchasing sentiment improved, and transactions increased compared with yesterday. However, there is a certain pressure on the inventory in some markets. At the end of the month, merchants have dumped goods and have a strong willingness to ship. In addition, the environmental protection efforts in some regions are not reduced, and the demand is limited. It is expected that the cold rolling price will continue to decline weakly tomorrow

medium and heavy plate: today, the domestic medium and heavy plate market price fluctuates. The average price of plates in 23 major cities across the country today was 4058 yuan/ton, down 4 yuan/ton from the previous trading day. Today, the futures market fluctuated upward, the market mentality improved, and the market price decline narrowed. In the past two days, the purchasing atmosphere before the market Festival has been strengthened, coupled with the strengthening of futures, market sentiment has improved significantly. In terms of the overall quotation of steel mills, the mainstream is stable. Today, the mainstream in the northern region remains between yuan/ton, the ordering cost is still high, the market ordering enthusiasm is weak, and the support of the order level to the steel mill price is limited. Today, the market price of steel billets remained stable, and the current price of carbon billets is 3500 yuan/ton. From the perspective of ring stiffness, ring flexibility, tension, contraction and creep ratio, it is expected that the market price of medium and heavy plate will fluctuate tomorrow

profile: the market price of domestic section steel is slightly weaker today. In the morning market, the mainstream quotation still fell slightly, and there was a make-up decline in some regions. The market feedback was that the low price transaction was ok, so the market was still dominated by loose shipments in the actual transaction process. At noon, due to the obvious signs of stabilization of futures and billets, and the increase of market inquiry and negotiation, the market quotation began to stabilize gradually, but it was getting closer to the National Day holiday, and there was not much time left for shipment, so the market was still dominated by shipment in terms of operation. It is comprehensively expected that the domestic steel market price may be in a weak consolidation trend tomorrow

steel pipes: the price of domestic steel pipes continued to fall today. The national average price of 4-inch 3.75mm welded pipe was 4295 yuan/ton, down 12 yuan/ton from the previous trading day; The national average price of 4-inch 3.75mm galvanized pipe was 4971 yuan/ton, down 12 yuan/ton from the previous trading day; The national average price of seamless pipe 219*6mm was 5434 yuan/ton, down 15 yuan/ton from the previous trading day. In terms of pipe factories, Tianjin Youfa and Juncheng increased by 30 yuan/ton, and Tianjin Lida increased by yuan/ton; The hot rolling quotation of Linyi mainstream seamless pipe factory is 5200 yuan/ton. In terms of the welded pipe and galvanized pipe market, the transaction response of various regions across the country today is still general, the price began to fall, and the market selling sentiment is strong. In terms of seamless tubes, market transactions are still poor, the sales of seamless tubes are far from what traders expect, and manufacturers and traders have secretly dropped shipments. It is expected that the steel pipe market price will continue to fluctuate and weaken tomorrow

futures market

domestic black series commodity futures rose and fell, and the pre holiday market was dull, in which finished materials continued to be strong, followed by iron ore, and double coke was still weak. The trend of "today" is running in shock as a whole. Due to the recent deep decline, all varieties continue to rebound today, but due to the overall pressure above, they rush up and fall back. From the technical point of view, taking the Oncomelania as an example, the Oncomelania in the night session was weak and vibrated, and the end session was slightly lifted; In the early session, the snail opened and became stable. Near the end of the session, after the multi hair force rose, the amplitude was limited, and then it vibrated downward; In the afternoon, the trend continued to fluctuate downward. After falling below 3600, the Bulls resisted and pulled back slightly in the late afternoon, closing at the long upper shadow line. Judging from the daily line, the futures snail rose and fell today, the rebound five-day average was blocked, the main force reduced its positions slightly, the short position was weak, and the long and short positions were basically balanced. On the whole, the night market continues to operate in a volatile manner, paying attention to risks, and the operation is still recommended, long on the low, short on the high, and pay attention to positions

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