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Has the increase in domestic steel prices expanded?
Domestic spot steel prices expanded, hitting a high level in the year, but the transaction performance was unstable and the demand was not fully followed up. The iron ore market fluctuated and consolidated, and the inventory level of imported ore ports kept rising.

According to the latest market report provided by the domestic steel information agency "My Steel", the domestic spot steel price composite index closed at 156.09 points in the last week, rising by 1.46% in a week. As the steel futures market ushered in a strong rise, spot steel prices rose and hit a high level during the year. As far as the market transaction is concerned, the performance is not stable, and the transaction turned better at the beginning of the week. However, in the case of rising prices, the lack of demand follow-up has inhibited the motivation for further price increases. At present, the inventory level of the market is still at a low level, and mainstream steel mills have generally opened their doors in the new round of pricing, which has provided some support to the market.

According to analysis, in the construction steel market, the price has risen sharply. Tonnage prices in Shanghai, Hangzhou and Jinan rose in a week 10 yuan, reaching 230 yuan. From Shanghai and other places, we can see that the rebar futures market has strengthened substantially, spot steel prices have actively followed up, stocks have declined, and merchants and steel mills have a strong willingness to bid. By the end of the week, the price increase dropped slightly, but the overall increase was still relatively strong.

In the plate market, prices generally rise. The price of hot-rolled coil rose slightly, and the price of tons in Shanghai, Guangzhou, Beijing, Tianjin and Hebei rose by 20 yuan to 1 10 yuan in a week; Only the market prices in Taiyuan and Urumqi decreased slightly. At present, the overall resources of hot coil are still low, and the increase of market resources is not obvious in the short term, which has played a certain supporting role in the market price. The price of medium and heavy plate fluctuated strongly, and the price of tons in Shanghai, Fuzhou and Wuhan rose in one week1from 0 yuan to 70 yuan. Only a few markets, such as Beijing-Tianjin-Hebei and Urumqi, saw their prices drop slightly. At present, the market inventory shows a downward trend, so some merchants are more optimistic about the steel price in the future, and even if they adjust, they will not drop too much.

The iron ore market is dominated by shock operation. According to the latest report of "Nishimoto Shinkansen", the price of Hebei iron concentrate dropped slightly in June 165438+ 10, and the price per ton dropped by about 5 to 10 yuan. In the short term, the domestic mine market is in a weak balance between supply and demand. The price of imported ore fluctuated around $60 per ton in June165438+1October. As of the 26th, Platts' 62% grade imported ore index closed at $62.3 per ton, up $0.95 from the end of last month. Generally speaking, the demand for imported ore in the domestic market is less than expected, but the supply of imported ore is on the rise, and the iron ore inventory in the port continues to climb, which has reached a high of 65.438+36 billion tons.

According to the analysis of relevant institutions, the factors faced by the domestic steel market are intertwined: on the one hand, social inventory and steel mill inventory are at a low level, and the expectation of market supply contraction due to limited production in the heating season of northern steel mills is still strong; On the other hand, traders and downstream users have a certain fear of heights about the current steel price, and the market demand will face obvious weakening due to seasonal off-season consumption and other factors. In 65438+February, domestic steel prices will change frequently, and the overall trend will fluctuate.