Iron and steel industry information

Futures: steel main contract RB1210 stabilized in the continuous multi-day low, but long upside confidence is obviously insufficient, the case of steel rebound fatigue, peripheral crude oil and other commodities plunged in early trading to open slightly lower, and then throughout the day to maintain a narrow amplitude of oscillation pattern, and ultimately to close at 4107 yuan / ton, down 0.51 percent the previous day's settlement price.

Spot: June 25, according to monitoring data, the major domestic construction steel market prices last week (June 18-June 22) a small correction. As of June 21, the country's 48 major markets 25mm standard two rebar average price of 4165 yuan / ton, down 11 yuan / ton, compared with the previous Friday. The Shanghai region in steel prices for three consecutive weeks sideways, quality product two rebar has fallen below 4000 yuan / ton mark, reported up to 3950 yuan / ton, quality product three rebar price of 4090 yuan / ton.

Raw materials: the opening this morning, Tangshan billet prices stable, the local Carbon 150 billet 3580 yuan / ton, 165 rectangular billet 3610 yuan / ton, low-alloy billet of 3700 yuan / ton tax factory, Chang the Lipu billet cash tax sent to 3600 yuan / ton, the bare price of 3420 yuan / ton.

Inventory: data from recent weeks, the country's total inventory decreased slightly, steel, cold plate inventories continue to decline, but the wire, hot-rolled, plate stock rise. The steel stocks decline in the pace of slowing down.

According to monitoring data, as of June 22, the national wire, steel, hot rolled coil, cold rolled coils, plate five varieties comprehensive inventory of the total 15,740,400 tons, a decrease of 04,700 tons, a decline of 0.03% .

The demand side: Energy subsidies appliance policy has not achieved very significant results, the Dragon Boat Festival It is understood that after the landing of the new round of home energy subsidies, small holiday, but did not let the high price of the intensity of the subsidy is not real changes, energy-saving appliances on the market less than expected. Household appliances to stimulate consumption policy to convert the actual downstream demand will take time.

Production capacity: According to the statistics of the China Steel Association, the key steel enterprises in early June crude steel average daily output of 1.6847 million tons, the mid-ring growth of 4.5%; the national forecast the crude steel the average daily output of 1.9994 million tons, the mid-ring growth of 2.03 percent. The average daily crude steel production of the key enterprises in early June and May, in mid-production was essentially flat.

Steel: the following Baosteel took the lead down in July ex-factory price, Wuhan Steel, Anshan Iron and Steel in the same direction to follow, t price reduction in the 130-300 yuan. At this point, the three major domestic steel prices are out of the down plate, foretelling the future period of time is not ideal market conditions.


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