The most popular domestic steel price trend is sli

2022-07-27
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The domestic steel price trend is slightly differentiated. After the National Day holiday, it may rise again.

after a round of in-depth adjustment, the domestic steel market is once again in consolidation. Due to the different views of merchants on the future market and their different inventory conditions, the steel price trend is slightly differentiated. Whether the short-term mentality is good will determine the recent steel price trend. When the silver ten is coming, the market is willing to pull up

according to the market, the price of construction steel in the leading cities fell first and then rose. A few cities whose prices rose too high last week fell back, while the trend of plate, especially medium and heavy plate, was relatively weak. In the middle and late last week, the futures price of steel and the price of Tangshan billet dropped sharply, which led to the drop of spot price of steel in various regions at the beginning of this week, and the drop was large in some regions. However, driven by the upward trend of fluctuations in futures and billet prices this week, and supported by the obvious improvement in transactions after the drop in spot prices in various regions, the prices of construction steel, hot coil and other products in leading cities such as Beijing, Tianjin and Shanghai rebounded again after the fall. The overall market of cold rolled coil and medium and heavy plate was poor, and only the prices in Tianjin, Handan and other regions rebounded slightly. The rising market of stock market and futures market makes the current domestic steel market have a relatively good mentality, and the opening price of spot market after the festival is expected to continue to rise

construction steel: this week, the domestic construction steel market showed a trend of first restraining and then increasing. As the rebar futures plunged by 160 yuan last Thursday and Friday, the price of Tangshan billet fell by 150 yuan, putting great pressure on the spot market prices over the weekend. At the opening of trading on Monday, the construction steel in most areas fell to varying degrees, but the range was not as large as that of futures and billets. In addition, the price of Tangshan billet rebounded by 80 yuan again last weekend, which played an important role in stabilizing the market mentality. This week, Hebei Iron and Steel Group, the leading steel plant in the north, introduced the settlement price in September. The price of high-speed wire rod is 3370 yuan, the price of three-level marking spiral rod is 3490 yuan, the price of two-level mm screw thread steel is 3380 yuan, and the price of three-level mm anti-seismic screw thread steel is 3440 yuan. This settlement price is significantly lower than the current market price. Good traders who control the sales rhythm still have considerable profits. Affected by this, the enthusiasm of merchants to continue to raise prices is weakened

according to market monitoring, as of September 27, the top 10 key cities in China Φ The average price of 25mm secondary deformed steel bar was 3670 yuan, the same as that of the same period last week, up 170 yuan over the same period last month. This week, prices in Shenyang dropped significantly after rising sharply in the early stage, falling by 120 yuan compared with last week. Prices in Zhengzhou and Guangzhou fell by yuan compared with last week. Prices in Beijing, Tianjin, Shanghai and Hangzhou rose by yuan compared with last week. Prices in Chengdu, Wuhan and Xi'an did not change much. Top 10 key cities in China Φ The average price of 25mm grade III deformed steel bar was 3763 yuan, an increase of 5 yuan over the same period last week and 171 yuan over the same period last month; This week, the price in Shenyang fell by 130 yuan, in Guangzhou by 70 yuan and in Zhengzhou by 30 yuan; Prices in Beijing, Tianjin, Shanghai and Hangzhou increased by yuan over the previous week, while prices in Chengdu, Wuhan and Xi'an did not change much. Top 10 key cities in China Φ The average price of 6.5mm high-speed wire was 3656 yuan, down 3 yuan from the same period last week and up 131 yuan from the same period last month; This week, the price of graphene fell by 90 yuan in Shenyang, 40 yuan and 20 yuan in Xi'an and Shanghai respectively. Graphene materials gained wide attention in the world. The price of graphene materials rose by 60 yuan in Guangzhou, 20 yuan in Tianjin, Hangzhou and Beijing, and remained stable in Zhengzhou, Wuhan and Chengdu

under the situation that the prices of steel futures and billets fell sharply last Thursday and may, the prices of construction steel in leading cities this week could fall back and then rebound. The author analyzes the following reasons: first, as the overall market mentality has been reversed, middlemen and downstream users' purchasing enthusiasm has increased and the market trading volume has been enlarged. It is obvious that the inventory of construction steel in various regions continues to decline, This is the main reason why prices rebound again after falling. Secondly, this week, the stock market and futures market also showed a trend of first restraining and then rising. At Friday's close, the Shanghai Composite Index reached 2086 points, rebounding 86 points from the week's lowest point, reaching 4.3%; Up 60 points from last Friday, or 2.96%. Rebar futures 1301 contract closed at 3597 yuan on Friday, up 120 yuan or 3.45% from last Friday. The December contract of electronic disk high line closed at 3525 yuan on Friday, up 106 yuan from last Friday, or 3.1% of the pointer reading. The stock market, futures market and electronic disk market rose again, which formed an obvious supporting role for the spot market. Third, the recovery rate of crude steel output is not fast. In the case of enlarged transactions, local inventories continue to decline. CISA announced that the national average daily output of crude steel reached 1856500 tons in mid September, down 38500 tons or 2.01% from the first ten days of September. Although the spot price of steel began to rebound sharply on September 6 and 7, the steel output did not rebound rapidly, which played a great role in the continued digestion of local inventories

according to the latest statistics, as of September 28, the social inventory of construction steel in 29 key cities in China had reached 6131300 tons, a decrease of 228300 tons over the same period last week, a decrease of 3.59%, a decrease of 14.44% over the same period last month, and a decrease of 11.56% over the same period last year. From the perspective of each city, the force value of the leading tensile testing machine in the North was measured through the force measuring sensor, expander and data processing system. The inventory in Beijing was 484100 tons, a slight increase of 4700 tons or 0.98%; Tianjin inventory was 323300 tons, a decrease of 27800 tons or 7.92% over the previous week; Shenyang's inventory was 380000 tons, down 30000 tons from last week, a decrease of 7.32%. The inventory in Shanghai, a leading southern city, was 413000 tons, an increase of 23000 tons or 5.9% over the previous week; Hangzhou inventory was 310000 tons, down 36000 tons or 10.4% from last week; Guangzhou inventory was 436000 tons, down 39000 tons or 8.21% from last week. During the National Day holiday, the arrival volume of local steel spot market will be greater than the shipment volume, and the inventory level will rise. However, at present, the inventory pressure is not great. Even if the inventory increases during the National Day holiday, it will not form a great pressure

plate: compared with the construction steel market, the domestic plate market this week was relatively weak. Only the prices of hot-rolled coil in Shanghai, Guangzhou and other places rebounded slightly, the prices of hot-rolled coil and medium and heavy plate in most areas fell back, and the cold-rolled market was relatively stable. The 1trillion project approved by the national development and Reform Commission will mainly stimulate the demand for construction steel, which has a relatively small impact on the plate. The recent trading atmosphere in the plate market has cooled down. After the sharp rise and fall in the early prices, there has been no rapid rebound like that of construction steel. The rebound of stock market, futures and electronic disk prices has a relatively limited driving effect on the plate

in terms of hot rolled coil, according to market monitoring, as of September 28, the average price of 5.5mm hot rolled coil in 10 key cities in China was 3607 yuan, down 20 yuan from the same period last week and up 204 yuan from the same period last month; This week, prices in Zhengzhou dropped by 100 yuan, Xi'an and Shenyang dropped by yuan, Hangzhou and Beijing dropped by yuan, Guangzhou rose by 40 yuan, Shanghai rose by 20 yuan, and prices in Tianjin, Wuhan and Chengdu were basically stable. In terms of inventory, according to statistics, as of September 28, the total inventory of hot-rolled coils in 29 key cities in China reached 3.8364 million tons, a decrease of 169900 tons over the same period last week, a decrease of 4.24%, 10.12% over the same period last month and 18.83% over the same period last year. The inventory in Shanghai, a leading southern city, was 985000 tons, a decrease of 35000 tons or 3.43% over the same period last week; The inventory in Guangzhou was 763000 tons, a decrease of 8000 tons or 1.04% over last week. Tianjin, a leading city in the north, had a market inventory of 282000 tons, a decrease of 5000 tons or 1.74% over the same period last week; Handan was 138900 tons, a decrease of 13000 tons or 0.93% over last week

in terms of cold plate, as of September 27, the average price of 1.0mm cold rolled coil in 10 key cities in China was 4448 yuan, down 5 yuan from the same period last week and 20 yuan from the same period last month. This week, the market price in Shenyang fell by 100 yuan, the prices in Shanghai and Hangzhou rose by yuan, and the prices in other regions were basically stable. In terms of inventory, as of September 28, the inventory of cold rolled sheets and coils in 24 key cities in China was 1.5984 million tons, a decrease of 12000 tons or 0.08% over the previous week, a decrease of 2.31% over the same period last month and an increase of 4.5% over the same period last year

as for medium and heavy plate, as of September 28, the price of 20mm medium plate in 10 key cities in China was 3576 yuan, 39 yuan lower than the same period last week and 139 yuan higher than the same period last month. The market price in Tianjin, where prices soared last week, fell by 100 yuan this week, in Zhengzhou by 80 yuan, in Xi'an, Shenyang, Chengdu and Beijing by yuan, in Shanghai, Hangzhou and Guangzhou by yuan, and in Wuhan by 50 yuan. In terms of inventory, as of September 28, the inventory of medium and heavy plates in 29 key cities in China had reached 1416200 tons, a decrease of 40900 tons over the same period last week, a decrease of 2.81%, a decrease of 10.52% over the same period last month, and a decrease of 14.21% over the same period last year

before the National Day holiday, stimulated by the news that the state may issue favorable policies to maintain the stability of the stock market, the domestic stock market rebounded sharply, rebounding 86 points in two trading days, with a range of 4.3%, which led the trend of steel futures and steel spot, and made the overall steel market optimistic before the holiday. Although the arrival volume of steel products in various regions will be greater than the shipment volume during the festival, and the inventory level in various regions will rise, the market pressure will not be too great when the overall inventory level is not high. Driven by the relative optimism of the market, the domestic steel market price is expected to continue to rise after the festival, but it is difficult to continue to rise, and may fall again after rising. Overall, the domestic steel market price in October will maintain an upward trend of fluctuation

steel on the market: before the double festival, the domestic steel market will pass smoothly, and the price of raw materials will also remain stable. On the last trading day before the festival, the market transactions tend to be flat, and some businesses have taken leave in advance. What the market expects more is whether the market will have a good start after the national day. To sum up, under the comprehensive influence of various factors, the steel price is expected to rise after the national day

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