Has the high point of steel billet spot shortage demand for finished products appeared?

Date:2021-04-17Source:ManagerFollow:

1. Finished product market performance

Strip: down, the market, the early opening of the leading market after Tangshan stable turnover difference after tired down 70, after the low volume, but most of the general only individual still can clear Nissan.This period of snail weak shock, suppression of the market mentality, business mentality is partial to the empty, not to buy up the impact of the mood, the market trading atmosphere is depressed.At present, with the addition of foreign billet resources, the billet end support is weakened and the price is under pressure downward in Tangshan.Considering the market decline, there is still no significant improvement, the market adjustment continues, and the decline is expected to narrow.

Line snail: mainstream down, Tangshan line snail drop 20-40.Now the high line price including tax: anfeng 5120 down 20;East China Sea with tax price big snails 5300 down 30 small snails 5400 down 30 disc snails 5350 down 30;Market turnover is not good, period snail decline, market prices fall, causing panic to the downstream, the operation is relatively cautious.Short - term market or continuation of weak shock pattern.

Profile: overall decline, billet resources are still in the situation of supply is weaker than demand, affected by the inflow of foreign resources into the market, the price dropped significantly, the manufacturer's mentality turned pessimistic.Profile market because the price is too high, terminal merchants can not accept, coupled with the psychological impact of buying up not buying down, trading atmosphere cold.It is expected that the short - term profile market will be weak adjustment operation.

Two, raw material market summary

[Ore] yesterday refers to the high operation, powder merchants hope to rise strongly, foreign steel enterprises to local procurement, ore dressing manufacturers ask unusually strong, and coincides with today's Xinda pricing, compared with the mainstream steel prices 30, is expected to be increased, market transaction performance is acceptable.The domestic mine market is expected to be stable in the short term, with an adjustment of about 10 yuan.

[Steel scrap] today Tangshan steel scrap price temporarily stable wait and see, weight A3290-3320, a crushing material 3200-3230, steel bar cutting head 3590-3640.Most of the steel scrap arrival performance is OK, the arrival of some low manufacturers is not good, considering the billet price support is weak, so it is expected that the short term scrap weak adjustment.

[coking coal] Tangshan quasi level metallurgical coke including tax to the plant 2060 yuan/ton;Secondary metallurgical coke 2000 yuan/ton, all to the factory price including tax.Shanxi, Hebei and other places of environmental protection limit production strictly implemented, coke enterprises started slightly affected, good shipments, steel procurement stability, short-term coke market temporarily stable operation.

3. Billet price and inventory

Tangshan (XD) steel billet fell 70 yuan to 4,920 yuan per ton.On the market, influenced by the large inflow of foreign resources and the pressure on the price of imported billets, the local direct turnover of steel billets significantly weakened, combined with the low shock after the futures plunged, the mentality of traders is increasingly weak, the warehouse spot quoted 4980-4990 yuan including tax, the morning low quoted 20-30 yuan, few transactions, is expected to Tangshan billet price weak collation.