The domestic steel market since the spring only in March has been a wave of a rebound, and then they fall down, the consolidation stage in the cycle. To maintain the momentum of consolidation to stabilize from April has been dropped as of last week the steel city, sluggish demand, inventory decline slow, output fell slightly, and so many factors involved with each other, boring Steel City can only be maintained with "weak balance . "

The leading steel mills cut prices stock market mentality to become more complex

June 11, Baosteel announced a July policy on steel prices, the overall decline, decline in per ton of hundred dollars or more. Which, cut by 200 yuan / ton hot-rolled products, pickling products cut by 100 yuan / ton to 150 yuan / ton, the general cold products generally cut by 200 yuan / ton, hot dip galvanized sheet products generally cut by 100 yuan / ton, and galvanized sheet The general decline of 100 yuan / ton, aluminum zinc plate products cut by 300 yuan / ton, July and August the price of color coated products on the basis of the price in May and June, down 200 yuan / ton. To cast a shadow over the downturn in the steel city.

June 18, the Shougang July cold pricing policy notice: cold-rolled on the basis of the price in June down to 200 yuan / ton, The acceptances enjoy six months free discount, other policy remains unchanged;

Galvanized in June based on the price down 80 yuan / ton, The acceptances enjoy 3 months free discount, increase in the South China transportation and supply 70 yuan / ton;

Chilled price 170 yuan / ton in June based on the price down, The acceptances enjoy six months free discount, and other policies remain unchanged.

Long products is slightly stronger than the plate movements

The recent comprehensive domestic steel price trend is still weak, relatively speaking, long products slightly stronger, weaker plate.

Construction steel market in the fall, but the decline was significantly narrowed. Among them, steel composite index rebound. From all over the market conditions were mixed, the market prices in Shanghai, Guangzhou, Beijing is slightly weaker, Tianjin market running smoothly. A brief rally of the Guangzhou market, thanks to the Shaoguan Steel and Guangzhou Iron and Steel, and other leading manufacturers in South China has raised the price. With the slowed market transactions, the local prices once again caught in the consolidation trend.

Plate dominant market movements differentiation, the Guangzhou area stabilized stabilized, Shanghai, Beijing, Tianjin market fell slightly. The Shanghai market fell slightly larger subdued turnover, businesses wait and see mood is very strong. Weekend last week, the Shanghai market plate inventory the Masukura phenomena, taking into account the poor shipping and the late arrival of the pressure, the stock is estimated that there will be a slightly Masukura pressure. Overall hot-rolled market is vulnerable, but also showed significant and stable South North pattern, most of the market in the north, northeast region is a weak downstream. Baosteel factory pricing out "or disk, businesses generally expected that other steel mills will follow-up to" the market in a wait-and-see atmosphere more dense.

Loss of the majority of the steel market downturn, steel trading business

According to the China Steel Association data show that, in the first quarter of 2012 the steel industry into the new century, the first industry-wide losses, business losses amounted to 9.098 billion yuan. At present, over 80% of the dealers are at a loss.

The event of the steel trading business, "on foot" from time to time in the beginning of the year, banks had a substantial tightening of credit scale iron and steel industry. Because of this, only Fujian Zhouning Chamber of Commerce event of the open letter to banks.

Under pressure to survive, the size of the steel trade are carefully formulated their own "winter trick". Visited the market to understand, some businesses choose to adhere to, that there must be improved. I believe that to preserve their strength, reduce expenses, to resist risks, and eventually be able to wait until the market is good; some walking contraction look forward to the transition.

Steel City "high yield" era has ended. Engaged in the steel trade and industry in the future, one can not be greedy, to return to the main business is to develop long-term stable state of mind. The key to the transformation of steel trade and industry, re-engineering to optimize the profit model, to adapt to the low-speed development of long-term trend, mining long-term stability and multi-dimensional space of the profitability of the industry chain, and can no longer rely solely on the past simple "moving bricks and mortar" type who buys cheap selling business model, real value-added services in the upstream and downstream links.

The rainy season approaching, in southern China has gradually entered the rainy season, is expected in July and August, the steel city is the same as the high temperature during the rainy season, as always, boring, steel trade and industry of pre-transition pains have to continue for a while.


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