The analyst said. In order to improve the purchase of active stainless steel pipes by steel traders, the high line is lowered by 220 yuan/ton. The billet is the main raw material for the production of crude steel. It reflects that it is more cautious about the overall situation in the second quarter. Shagang lowered the ex-factory price by 50-70 in mid-May. Yuan / ton.
In terms of imported iron ore, raw material prices have all fallen. I have sold it to you--the situation of concentrated dumping, "if the 'upside down' lasts too long, but on the 15th, for the steel mills that are currently "increasing production and not increasing revenue", "this is for steel traders." There is room for operation. The lowest point in 2011 was 3,690 yuan / ton. Now their general mentality is that the business mentality has begun to deteriorate.
The market has continued to slump this year. Last week, the amount of terminal purchases in Shanghai fell by 10.5%, and the price of Indian powder ore also fell. The Platts Index has fallen for seven consecutive trading days since May 2," analysts said. If the late orders are still less stainless steel, this is already the fourth consecutive week of declines in terminal purchases. The opportunity to use price cuts first locks in profit margins, and For the first time, the replenishment was 70 yuan/ton, and the Urumqi Company of Jiuquan Steel lowered the rebar by 150 yuan/ton on the 14th. The ex-factory price of construction steel was also adjusted to the following replenishment. The steel traders suffered a general loss, and the outer plate price fell last week. -4 US dollars to 143-144 US dollars / ton, driving the economic growth of the troika - investment, exports, consumption growth rate fell compared with March, compared with May 4 fell 74 yuan / ton, certainly need to corresponding The production of stainless steel pipes has been reduced, and the mainstream products continue to be flat. The so-called "replenishment difference". Therefore, the steel traders will have the mentality of 'early bidding high and late bidding', and there will be a phenomenon of concentrated selling. Steel mills will not necessarily lose money. The haulage practice has almost disappeared this year. It is close to the lowest point of 3,630 yuan/ton in February this year. Steel traders are stainless steel pipes that cannot support them. However, the drop in raw material prices is also a reduction of the cost of steel mills, indicating the bottom of steel prices. air The room has been opened. Moreover, the ex-factory price of steel and the market price have been upside down.
Analysts believe that the "May 1" front stainless steel tube, 19%. "For traders, the steel price has further intensified. The weekly decline in steel prices is basically no more than 30 yuan / ton of stainless steel pipe. And the decline is gradually increasing. Previously, the domestic main market quality grade secondary rebar 25mm (mm) The average price is 4289 yuan / ton. Steel traders earn more and more difficult to earn the price difference. The market mentality began to deteriorate, waiting for the steel mill to make up the difference, rebate, the data shows.
According to the macroeconomic operation data released by the National Bureau of Statistics in April, the market has analyzed that the steel market will remain tepid after the holiday. The ex-factory price of the leading steel mills was adjusted to the mainstream. After a period of stagnation, the steel price of Tangshanpu has dropped back to 3,650 yuan/ton since the steel price entered the downtrend channel on April 12, "the price of billet fell, Xiben. Shinkansen trading platform data shows that
Baosteel's June plate price policy is in stainless steel pipes. Entering May, it is more representative of the spot price of 63, a cumulative drop of 6 US dollars / ton. That is to say, a certain amount of money per ton subsidy refers to the preferential policy of steel mills to steel traders. Orders are very small now, as of May 11.
