Time: 2009- 10-27? 17:07? Source:? Alibaba metallurgical information?
Has the domestic steel price arrived? After reaching a high point in early August, it began to plummet. By the end of 10, the decline rate was 22.49%; Among them, flat products decreased by 17.40%, and outstanding talents decreased by 25.63%. In terms of specific varieties, rebar fell from 4,645 yuan to 348 1 yuan, a decrease of 25.06%, down 1 164 yuan; Wire rod decreased from 4639 yuan to 3450 yuan, down by 25.63%, down by 1 189 yuan; Hot coil plate dropped from 44 15 yuan to 3,494 yuan, a decrease of 20.86% and a decrease of 92 1 yuan; Cold cuts fell from 5443 yuan to 4752 yuan, down 12.70%, down 69 1 yuan; Medium plate dropped from 4250 yuan to 3480 yuan, down 18. 12%, down by 770 yuan. Recently, driven by the price increase in the futures market, the spot price has also increased slightly.
Oversupply and high inventory have become the soft underbelly that restricts steel prices. The daily output level of steel products of national and key steel enterprises in June 5438+ 10 is still higher than that in late September, which reflects that enterprises are still expanding production and are willing to produce indefinitely when steel products still have marginal contribution or less gross profit; Steel sales of key steel enterprises have dropped significantly, especially crude steel and steel; The above two major factors of production and sales led to a substantial increase in the inventory of key iron and steel enterprises. The overall production and sales situation of steel products is not optimistic.
However, as the steel price has fallen to the vicinity of the cost line, the possibility of a sharp drop is relatively small. In the short term, it is expected that the current price will fluctuate within a narrow range. Steel prices are expected to stabilize and rebound after steel enterprises reduce production and digest inventories to a reasonable level. Learn more about scrap price trend analysis and forecast. You can log in at any time. Alibaba Metallurgical Information-Scrap Metal) Answer from: