Black and changed face billet is approaching 3,500 steel mills

Release time：May 13, 2019 From：ADMIN

After the brief rebound last weekend, the domestic spot market has returned to the down mode. The performance of the futures market is particularly unsatisfactory. Except for the end of the iron ore, the other shows a downward trend, and the performance is mostly the downsizing of the Masukura. Among them, the thread increase is obviously more than 100,000 hands, but the growth of the mainstream positions is greater than More than one. 

    The spot price is also on the rise, the steel billets have been reduced by 50 yuan, only one step away from the 3,500 yuan integer mark, and the price of finished products has dropped by several tens of yuan. The news is complex and changeable, and the short-term operation is biased towards bearishness. The market sentiment is cautious and wait-and-see. The sales strategy is mainly based on cash, but the overall transaction situation is generally good. 

    Cautiousness is particularly evident from the attitude of steel mills. The two major steel mills Baosteel and Shagang's June price policy were all flat. At the same time, representative local steel enterprises directly cut the ex-factory price, currently has reached more than 20: 

    steel mill price adjustment summary 

    Shanxi Meijin building materials prices cut 20 yuan / ton 

    Shanxi Zhongyang building materials prices cut 20 yuan / ton 

    Shanxi Liheng building materials Price cut 20 yuan / ton 

    Shanxi Jianlong building materials prices cut 30 yuan / ton 

    Yucheng Xingbao Pan screw price cut 100 yuan / ton 

    Gaoyi steel and building materials prices cut 20 yuan / ton 

    Jiyuan steel and building materials down 30 yuan / ton 

    Shandong Guangfu building materials Down 50 yuan / ton 

    Yangtze River steel and building materials prices cut 20 yuan / ton 

    New Jinshan special building materials prices cut 50-70 yuan / ton 

    Shougang Changzhi building materials down 30 yuan / ton 

    Zhengfeng angle steel down 20 yuan / ton 

    Chengdu Chengshi building materials down 30-50 Yuan / ton 

    Hongqiang angle steel down 20 yuan / ton 

    power steel profiles down 20 yuan / ton

    Hongtai I-beam reduced 10 yuan / ton 

    Dacheng I-beam down 10 yuan / ton 

    冀 steel plate down 60 yuan / ton 

   Puyang plate down 10 yuan / ton 

    Tiangang plate down 30 yuan / ton 

    Ruifeng strip down 30 yuan / tons 

    now, support from environmental effects is not yet clear news today news of Hebei iron and steel industry in 2019 to carry out dynamic management of enterprise specification is submerged in the tide of decline. Mainly reflected in the fact that the production limit in some areas has not met the relevant requirements for the time being. The data shows that since May 5, the Ministry of Ecology and Environment has successively announced the special inspections of the Central Environmental Protection Inspector “Looking Back”. Up to now, the results of inspections in seven provinces including Hunan, Hubei and Shanxi have been announced. Judging from the overall inspector's situation, although the seven provinces have made remarkable progress on the rectification issue, there are still some important tasks in some places that have not been rectified, and there are even problems of perfunctory rectification, surface rectification, and pretend rectification. 

    In addition, due to the considerable profit per ton of steel, the enthusiasm of steel mills is still relatively large. However, as the price goes down, some electric furnaces have a good compression space, which may force the steel mills to reduce the volume or turn to scrap. 

    From the current point of view, with the expectation of Sino-US trade tariffs, other low-season demand weakening expectations, environmental protection and production limits can be expected, counter-cyclical macro-hedging policy expectations, etc. need to be fulfilled, need to focus on market sentiment The impact of funds, emotional sentiment, market supply and demand, and macroeconomic policies on the current market will prevent the risk of dishwashing in the short term.However, in the medium and long term, the author still insists on the idea of bargain hunting in the absence of a fundamental turning point in the direction of the shock. 

    In addition, with the release of inflation data, social financing and credit data, Wednesday will usher in heavy data including domestic, consumer, investment and other domestic economic operations. The market is also waiting for the release of this data, whether the country will adjust the fine-tuning will become the focus of the market.

    In terms of price, according to the monitoring data, today, the average price of Ф25mm third-grade rebar in key cities in China is 4,139 yuan (ton price, the same below), which is 14 yuan lower than yesterday; the average price of 6.5mm high line in domestic key cities is 4392 yuan. Compared with yesterday's drop of 15 yuan; the average price of 5.5mm hot rolled coil inkey cities in China is 4,023 yuan, down 9 yuan from yesterday; the average price of 1.0mm cold plate in domestic key central cities is 4,387 yuan, down 3 yuan from yesterday; domestic focus The average price of the city's 20mm medium plate was 4061 yuan, down 7 yuan from yesterday. 

    In terms of raw materials, today, Tangshan area Changli 150*150 ordinary carbon billet 3530 yuan, down 50 yuan compared with yesterday; Jingtang port 61.5% grade Australian PB iron ore powder price is 685 yuan, unchanged from yesterday; Tangshan area quasi-level metallurgy The price of coke tax included the factory price of 2010 yuan, which was flat compared with yesterday.