Because of a variety of domestic and international impact of macroeconomic news side, the domestic steel futures market has been the first "emptying" of the domestic steel spot market created a chain reaction. Already in the differences in the domestic spot market to find the consolidation of steel down the fuse, and many varieties of patterns from the early rise in entering into technical correction. Some parts of the region's tons of variety price week callback rate reached 100 yuan.
According to "My iron and steel" surveillance, the market correction, the adjustment is the main cause of macroeconomic side, but after the initial price rising for low-cost resources, demand and lower profits that lead to the closing game slump, has also played a more big role. In a recent week, the domestic steel market is a "first down after the stability" of the trend, the initial prices in the long-term effects, long lead materials and hot rolled down the market, driving the overall steel market lower. To the late ex-factory price is still up as steel, making the cost of market support continues to increase, business confidence has been restored, it is part of the late addition of long steel market downturn, the remaining steady the market gradually.
According to the analysis, construction steel, the National rebar, wire rod prices down into the shock stage, the weekly East tons of price decline in nearly 100 yuan. After a long period of rising gradually out of every favorable factors, the market exhibited signs of exhaustion, cost-push market trends began to weaken, while disk shock down by the impact of futures, spot market prices in the short-term correction state.
In the hot and cold coils, the Baoshan Steel plate prices introduced in May, or generally lower than market expectations, due in part may be weakened by the pressure downstream of the procurement. In addition, the hot electronic disk, futures showed a trend of weakness, so that part of the business mentality shaken, leading the market increase the low offer. It is understood that this week, individual large and small businesses for long-term "cover their" plate, a larger inventory pressure, as long as the market retreated situation, the desire to cash in on early stock on the rise, in order to ease the financial pressure, thereby increasing the market's correction efforts. However, expectations are rising costs, coupled with the lower purchase price decline, a recovery initiative, part of the region's price rise occurred near the end of the week. As for the plate market, Steel City, of course, the broader market pullback to effect a certain pressure, but because the relevant price of steel is more dominant firm, the market sentiment remains strong.
Analysts, according to the relevant analysis, spot market steel prices despite the consolidation trend, but the iron ore market has continued up the early pace, now 63.5% grade ore CIF imports reached the spot 188 U.S. dollars per ton to 191 U.S. dollars. Post-steel cost control will become increasingly being tested at the same time expect to get a stable supply of mineral resources, has become a major steel demand. The spot steel prices in the consolidation, in the end is the price of the reverse or for a new high by the bedding, it is estimated only to wait until May to get verified. The next step of market trends, or remain in a weak position to adjust, but once again shot up after the technical possibility of callback is very large.
For this year's iron and steel development and market trends, many of the views of those who are more rational. Held in the recent seminar on steel industry development strategy, "Steel House" Information Agencies Wu article, since the fourth quarter of last year, the domestic steel market prices in general were "bottom of the elevation, shock run" situation. This year will be further growth in domestic steel demand, steel exports are expected to rise throughout the year China's crude steel consumption is estimated at 6 million tons, an increase of 12%. However, the release of iron and steel production will be constrained by the iron ore supply, the overall supply of steel raw material and fuel is relatively tight, prices will remain high momentum. The overall trend of the domestic steel market is estimated: in the second quarter steel prices continue to climb; shock run in the second half, steel prices could be higher than the level of the first half.
Wu article warned that this year's steel market risk is obvious, the relevant Key Steel production release is a good grasp of the rhythm, the only way to directly affect the supply and demand of iron ore market, try to control the steel industry chain downstream of the parity relations, avoid mineral prices, steel prices "catch-me", go to the extreme. I am China Building Materials writer, reports some information about custom pint glass , polycarbonate wine glasses.
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