Steel prices are stable and strong, the overall market situation is good

Release time：May 17, 2019 From：admin

today steel prices are stable and strong. The data shows that the prices of building materials in 24 major cities nationwide are stable, of which 22 cities are stable, 1 city is down 50 yuan/ton, and 1 city is up 10 yuan/ton. The price of hot coils is stable and strong, of which 15 cities are stable, 9 cities are up 10-50 yuan/ton, and 1 city is down 30 yuan/ton. The price of medium and heavy plates continued to rise steadily, with 14 cities maintaining stability and 9 cities rising by 10-50 yuan/ton.Want to know how tomorrow, the details of the analysis look down... 2, steel spot market construction steel : the main stable adjustment; the national 24 major market rebar 20mmHRB400E average price 4073 yuan / ton, down 2 yuan / ton from the previous trading day Among them, 22 cities maintained stability, 1 city fell 50 yuan / ton, and 1 city rose 10 yuan / ton. The inventory of steel mills and the total amount of social stocks are declining, supporting the spot mentality. As the weekend approaches, the market demand is further reduced. It is expected that the building materials prices will continue to run smoothly tomorrow.     Hot-rolled coils: stable and strong; the average price of 4.75 hot-rolled coils in 24 major markets nationwide was 3,938 yuan/ton, up by 8 yuan/ton from the previous trading day, of which 15 cities were stable, and 9 cities rose 10- 50 yuan / ton, 1 city fell 30 yuan / ton. From the market, the downstream wait-and-see attitude is getting stronger, the purchases into the market are cautious, and the overall transaction of resources has not changed significantly. Considering the inventory pressure is not large, it is expected that the mainstream price of the hot-rolled volume will be adjusted or operated.     Medium and heavy plate: steady and continuous increase; the average price of 14-20mm Puzhong plate in 23 major markets nationwide is 4043 yuan/ton, up by 9 yuan/ton from the previous trading day, of which 14 cities are stable and 9 cities are up 10- 50 yuan / ton. Affected by the shutdown of the previous steel mills, as the steel mills will be alleviated in the later period of resumption of production, traders will follow the shipments. In view of the bottom support, the market price of the medium and heavy plate is expected to be high. Strip steel
    : The main stable decline; the average price of 2.5mm*232 strip steel in 12 major markets nationwide was 3881 yuan/ton, down 1 yuan/ton from the previous trading day. The average price of 3.5mm*685 strip steel in 12 major markets nationwide was 3,897 yuan/ton, up by 2 yuan/ton from the previous trading day. 
    Profile: The main stable tone; the average price of 50*5 angle steel in 21 major markets nationwide is 4,287 yuan / ton, up 2 yuan / ton from the previous trading day. The average price of 16# channel steel in 21 major markets nationwide was 4,216 yuan / ton, up 2 yuan / ton from the previous trading day. The average price of 25# I-beams in 22 major markets nationwide was 4,209 yuan/ton, up 2 yuan/ton from the previous trading day. 
    Pipe: Mainly stable; the average price of 108*4.5 seamless pipes in 21 major markets nationwide is 4,916 yuan/ton, which is the same as the price of the previous trading day. The average price of 219*6 seamless pipes in 21 major markets nationwide is 4,963 yuan/ton. It was lowered by RMB 3/ton from the previous trading day. 3, raw materials spot market     iron ore: sharply down; the general index fell sharply, businesses continue to wait and see, Tangshan local steel enterprises down the price, supply and demand stalemate, the overall market turnover is not good, traders will naturally grasp the price opportunity, the market transaction price Some declines, it is expected that the iron ore is stable and weak.     Coke: steady and weak; most steel mills have opened the second round of coke purchase price to drop 100, some coke enterprises have accepted price cuts, steel mills coke inventory is generally at a medium high level, some have been properly controlled to the volume, the total enterprise The profit level is relatively low, and the resistance to the second round of the rise is strong. It is expected that the short-term coke market will be weak.     Scrap: The main stability is weak; the environmental protection is strict, the demand for scrap is weakened, the billet is weak, some steel mills are lowering the scrap price and controlling the cost, and the finished product market is boosted by the mainstream steel mills, but the short-term overall rapid rise is insufficient. The market mentality is not much to wait and see. The short-term scrap market is expected to remain stable overall and narrowly adjusted.
    Pig iron: steady down; it is reported that other iron production plants will resume production in the later stage. At present, the enthusiasm of steel mills and foundries is not high, the inventory of ironworks is gradually increasing, and the raw materials are weakening. The ironworks are resuming production, and the bearishness is constant. The short-term pig iron market is weak. 4, the influencing factors have several aspects     1, Shagang introduced the price of building materials in late March increased 40-50 yuan / ton. On the basis of the price in mid-March, some product price policies were introduced in late March: 40 yuan on the high line, 40 yuan on the screw, 50 yuan on the thread, HRB500 and HRB500E on the same specification HRB400 based on the price of 450 yuan / ton and 480 yuan / tonne. Complete the planned amount, make up the difference of 30 yuan for the previous thread, and make up 40 yuan for the wire and the screw. The above prices are all tax-inclusive and will be implemented from March 21, 2019.     2. The Ministry of Ecology and Environment informs the state of air quality in February and January 2019.According to the report, the average number of excellent days in February and February of the country's 337 prefecture-level cities and above was 75.8%, down 2.3 percentage points year-on-year; the PM2.5 concentration was 55 micrograms/m3, up 1.9% year-on-year.Among the 168 key cities, air quality in 20 cities including Haikou, Lhasa and Lishui are relatively good; air quality in 21 cities including Anyang, Handan, Xingtai, Shijiazhuang, Jiaozuo, Linyi, Fuyang, Luoyang, Xianyang, Hebi and Xinxiang Relatively poor.    -- From the data released by the Ministry of Environmental Protection, it can be seen that Anyang is ranked among the poorer air quality. It is conceivable that a stricter environmental protection and production restriction policy will be introduced.    3. Vale: Preventively stop the operation of large iron ore Alegria. According to foreign media, Vale said it will prevent the operation of Alegria, a large iron ore mine in southeastern Minas Gerais, Brazil, with a potential impact of 10 million tons per year.     4. The 8th round of high-level economic and trade consultations between China and the United States will hold the eighth round of China-US high-level trade consultations in Beijing starting from March 28. According to the latest news from the Ministry of Commerce, the US trade delegation will visit China on March 28-29 to conduct the eighth round of high-level trade consultations between China and the United States. The Chinese delegation will travel to the United States in early April to conduct the ninth round of high-level trade between China and the United States. Consultation. 5. Comprehensive view
    Today's steel prices are stable and strong. According to market feedback, the spot price held steady, the merchants were still in good condition, and the overall market situation was good. After the release of the inventory data in the afternoon, the price of the future was slightly “diving”, which caused the terminal shipment to be affected, driven by demand. The performance of the depot is acceptable, but the decline rate of the social library is relatively slow, and the supply side is increasing with the end of maintenance and environmental protection, which makes the industrial capital worry about it. In the context of the price of steel mills and the cautious capital The market consolidation will continue, and the steel price is expected to be strong and stable tomorrow.