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Steel price stand steady

發(fā)布時(shí)間:[2018-3-4 17:22:20]    瀏覽量:2211次
  In February 28th, the domestic steel market was oscillating and rising and falling. 25 main city, Fuzhou, Nanchang, Changsha 3 city rebar prices fell 30 yuan / ton, Wuhan,   Chengdu and other 2 City steel prices rose 10 yuan / ton, most of the other city of Shanghai, Beijing, run steady; Chongqing, Xi'an and other 9 City coil prices fell 10-40 yuan / ton Kunming, Chengdu, 2 City coil prices rose 20-50 yuan / ton, most of the other city run steady.

  On the 28 day, the price of parison in Tangshan was 10 to 3730 yuan per ton. On the same day, the adjustment of product prices steady weakening of the lower reaches of Tangshan in Tangshan: a small band of steady, mainstream manufacturers reported 4060; the weakening of Tangshan steel steady, now mainstream price 4080-4010 h, 4110-4130 steel, 4120 angle steel; Tangshan line 4040, three big 4120 small seismic thread, 4200, plate 4160, down 20.

  28, black futures slightly differentiated, screw steel, hot rolled futures strong side shocks, iron ore, coke, coking coal futures weak shocks. Due to the slow start of the spot market demand, most of the downstream terminals have not started, after many days, the market returns to rational, short-term price or shock.

  On the 28 day, only 1 domestic steel production enterprises in China raised the factory price by 30-50 yuan / tons.

  Spot market of steel

  Construction steel: in February 28th, the average price of HRB400 (20mm) screw steel in 25 major cities of the country was 4297 yuan per ton, which fell 3 yuan per ton compared with the previous trading day. After the festival, the market price rose rapidly, but the market demand started slowly. Most of the downstream terminals didn't start, so the earlier period of the increase was too high, and the city appeared to go up and down. Feedback from the market point of view, the market demand in the short term is difficult to have a significant release, and the cash transaction is expected, business sentiment increased, in general, is expected to domestic construction steel prices or sideways.

  Hot rolled sheet: in February 28th, the price of 4.75mm hot rolled roll of 24 markets in the country was 4246 yuan per ton, which fell 4 yuan per ton compared to the previous trading day. At present, the market demand has not been significantly improved, the downturn in the transaction resulted in a slight loosening of the price. However, considering the cost factors, there is little room for the price fall. In addition, the market price of billet is up 10 yuan / ton today, and the price of universal carbon billet is 3730 yuan per ton. It is expected that the market price of hot rolling market will be oscillating tomorrow.

  Cold rolled sheet: in February 28th, the average price of 1.0mm cold rolled roll of 24 major cities in the country was 4835 yuan per ton, which fell 8 yuan per ton compared to the previous transaction price. Due to the rapid rise in the price after the festival, but the turnover is weak, the demand is slow to start, the downstream is basically to start after fifteen months, leading to the price fall in some areas. In a comprehensive view, it is expected that the cold rolling price will be narrower in the next day.

  Medium plate: in February 28th, the average price of medium and thick plates in the 24 major cities of the country was 4275 yuan per ton, and the price was flat compared with the previous trading day. Today, the market is stable, traders are still optimistic, with the sharp rise in the previous few days, the market entered a smooth operation stage. North steel manufacturers lock single price 4230 yuan / ton, the overall ordering price remains high, cost is still supporting.  It is expected that the market price of the medium and thick plates will be oscillating tomorrow.

  Raw material spot market

  Imported ore: February 28th, Australia ore powder analysis of 61.5% reported 550 yuan / ton, compared with the previous trading day prices fell 5 yuan / ton. Because of the lack of demand for support, recently, the steel market return to rational, mills because of environmental protection has not concentrated production, imported ore market transactions in general, tomorrow or ore price shock.

  Coke: the 28 day domestic coke market spot price stable and strong operation.  The current steel plant coke inventory is high, but in mid March will usher in the blast furnace production or there will be a demand for replenishment, this round of price contradiction is weak. The port traders sell mentality is still strong, is expected tomorrow coke market continues to run stronger. The Shanxi area is two metallurgical coke coke market mainstream price 1650-1800 yuan / ton; Hebei Handan area two metallurgical coke factory tax at 1750-1910 yuan / ton; two Wuhai coke mainstream reported 1600-1650 yuan / ton; East China coke market is level two mainstream offer 1850-2150 yuan / ton, are factory tax price.

  Steel market forecast

  The Statistics Bureau data showed that China's manufacturing industry PMI was 50.3% in February, down 1 percentage points from last month. Among them, the production index, the new order index and the new export order index were 50.7%, 51% and 49% respectively, and 2.8%, 1.6% and 0.5% compared with the last month. In February, the construction industry new order index and construction business activity index were 49.5% and 57.5% respectively, which fell 3.3% and 3% compared with last month.

  In February, China's manufacturing and construction business activities slowed down, mainly due to the factors of Spring Festival holiday, and the whole sector is still expanding.

  According to our website, we surveyed the mainstream traders' volume of building materials. After 2016, third weeks after the Spring Festival, the volume was released. In 2017, eleventh days after the Spring Festival, the volume was released.

  Due to the incomplete resumption of the downstream construction sites, the actual volume of the steel market is still limited after the festival of 2018, and it is still in a slow rising period. It is estimated that after the Lantern Festival in March 2nd, the volume will rise significantly next week.

  Under the support of effective and real demand, the market is frequently and sharply rising, which has disadvantages and disadvantages. Moreover, with the introduction of the new order price of steel mills, the market will go up or raise the cost of new resources. Therefore, the rational market, but confidence is still in the period, today is still the main screw above 4000, Tangshan steel rose 10 to 3730 yuan / ton, steel market or short-term shocks, demand is expected in March on the release, steel prices are still rising or empty

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