As an ordinary person, you may not feel too much about the decline of automobile consumption, but as a futures investor who pays attention to the steel market, the continuous decline of 12 months may mean that the demand for steel plates is gradually decreasing.
We know that 70% of the car's weight is steel, and most of it is plate, including hot coil and cold coil.
According to the current overall economy, the automobile sales environment in 20 19 is not optimistic. Generally after entering July, it belongs to the traditional off-season of the automobile market. As the temperature rises, there are fewer customers in the store and the willingness to make a deal is weak.
1 July, China officially implemented the new national six standards for exhaust gas. Previously, a number of cities have successively issued notices on the sixth phase of national emission standards for air pollutants from motor vehicles. At present, the automobile industry is gradually changing to electrification, intelligence and greening.
The performance of the steel industry is bleak.
It is understood that the performance of many steel industries in the first half of this year is very bleak. Since April, steel prices have become a trend of rising more and falling less, especially in the context of soaring iron ore. Although steel mills have raised the ex-factory price, the spot market does not accept such an increase. A person in charge of a steel trader in Jinan said: The first half of this year was busy, and the net profit of the whole company was less than 200,000.
In fact, the terminal demand for steel is relatively low. No matter how steel prices change, many downstream customers will hoard as needed. In the second quarter, the downstream demand for steel products was weak as a whole, especially for plates. In addition, the building materials in stock will be sold in 80 yuan at a reduced price of 50%, because the building materials will rust, and once rusted, the construction site will be unusable.
In the context of high iron ore prices, steel mills must have firm steel prices in order to pass on the cost pressure. However, many steel mills do not hoard a lot of goods. Compared with high risk, they now advocate the pursuit of stable profits.
The growth of new energy vehicles may not drive steel consumption.
In addition, new energy sources in China are growing rapidly, such as Geely Automobile, which sold 652,000 vehicles in the first half of the year, ranking first among China brand passenger cars. Insiders pointed out that the fast-growing consumer market of new energy vehicles will promote the growth of demand for high-strength steel.
However, as far as the actual situation is concerned, although the growth rate of new energy vehicles is relatively fast, the overall volume is still too small to have much impact on the steel market, so it is difficult to stimulate steel consumption. In addition, new energy vehicles need lighter high-strength steel, which may promote the transformation of the steel industry and increase investment in scientific research.