List of steel prices in 202 1 May
According to statistics, the international steel price rose to a certain extent in April except for a few areas. In April, the price of raw materials rose as a whole, and all varieties rose to varying degrees. According to the monitoring data of Xiben Shinkansen, as of April 30th, the ex-factory price of plain carbon steel billets in Tangshan was 4,990 yuan/ton, up 190 yuan/ton from the end of last month. The price of scrap steel in Jiangsu is 3,460 yuan/ton, up by 220 yuan/ton from the end of last month; The price of Shanxi secondary coke is 2 140 yuan/ton, which is 300 yuan/ton higher than the end of last month. The price of 65-66 weigan-based iron concentrate in Tangshan area 1380 yuan/ton, up from the end of last month 160 yuan/ton; Platts' 62% iron ore index was 190.45 USD/ton, up 25.7 USD/ton from the end of last month.
After the continuous rise of steel prices, the market fear of heights appeared, and the pace of terminal procurement also slowed down. With the weakening of the peak season characteristics, it is expected that the demand side will cool down to a certain extent in May, and the resistance of steel prices to continue to rise in the later period will increase.
The latest market trend of steel prices in May 202 1
Steel supply expectation in May
In April, the enthusiasm of domestic steel mills was high, and the supply still increased year-on-year; After entering May, with the gradual weakening of the demand side and the rising price of raw materials, the environmental protection policy is still high, and it is expected that the release of production capacity will be suppressed. In addition, after the formal implementation of the steel import tariff adjustment policy, it will help reduce the import cost of primary steel and create favorable conditions for reducing domestic crude steel production in the later period. Therefore, we expect that the supply side of the steel market will shrink in May.
Analysis of steel sales trend in May
In April, the operating rate of projects in various places increased, among which the demand in the northern market was released obviously, and the operating rate in some areas (such as Xiong 'an) increased sharply, and the inventory resources were digested quickly. However, with the rise of steel prices, the market is afraid of heights. Since late April, the demand for terminals in some areas may have slowed down. After entering May, the effect of centralized construction in various places weakened, and the withdrawal of funds restricted terminal stocking. It is expected that the national steel demand intensity will slow down.
Steel cost forecast in May
In terms of iron ore, with the price of imported iron ore hitting a record high, the current procurement of steel enterprises has become cautious. The new tariff policy encourages steel imports and inhibits steel exports, which will have a certain expected effect on curbing iron ore prices. We expect iron ore prices to go up and down. In terms of coke, environmental protection and limited production have inhibited the release of coke production capacity, and coke enterprises have increased their confidence in raising prices. We expect coke prices to rebound around 200 yuan. In terms of scrap steel, domestic scrap steel resources are generally tight, and the import of scrap steel in the international market is low. Under the general trend that steel mills increase the proportion of scrap steel added to blast furnaces, we expect that the price of scrap steel will remain high. On the whole, it is expected that the domestic steel cost will not drop significantly in May.
The above is a list of steel prices in May 20265438+0 and an introduction to the latest market trend of steel prices in May 20265438+0. The possibility of a sharp rise in steel prices in May is very low, and both supply and demand are declining. So steel prices will fall in May, and by how much? Stay here and get the latest information at any time.