Judging from the current global situation, a new wave of infrastructure construction in the world will gradually heat up, especially after the epidemic, infrastructure construction is needed to promote economic development. We will do this, and so will others. In particular, a large number of infrastructure projects in the United States, Europe and Japan were built in the 1970s and 1990s, and a life span of 50 years is only the beginning of a new round.
The low price of iron ore is gone forever, but it can be alleviated if it can promote the increase of global iron ore production. But now it seems that giant iron ore enterprises such as BHP Billiton, Rio Tinto and Vale will not take the road of expanding supply. While demand continues to rise, iron ore may rise.
This wave of price increase was strongly suppressed by the regulatory authorities, and the steel price was lowered to about 1.200 yuan per ton. Because of the large price difference at home and abroad, domestic demand is strong. It is estimated that there will be a rebound in the second half of the year. It is unrealistic for steel prices to fall sharply.
First, the Federal Reserve's quantitative easing policy made the dollar flood. Inflation in the United States keeps steel prices at a high level of $65,438+$0,500. The severe epidemic situation abroad and the shortage of goods have caused a sharp increase in domestic and foreign trade. Rising prices can continue to show huge demand. If the economy is depressed, goods will be weak. Just recognize the situation and let yourself stand in line to make money.
Rebar prices have fallen sharply. Do you think steel prices will rise after that? At present, rebar, hot coil and iron ore have plummeted, and the market outlook of these varieties continues to be dominated by decline. Therefore, these varieties have entered a downward trend. The foreign epidemic has restrained the economic development and reduced the total demand. Affected by the epidemic, unstable ore supply, soaring shipping prices, crazy printing of US dollar bills and serious inflation are the main reasons. There is a high probability that rebar will fall below 4000 this year. We will wait and see, and the words of the family are for reference only.
The main reasons for this round of steel price increase are as follows: 1. Iron ore has risen sharply, hitting a new high in nearly a decade. As far as the current supply is concerned, the spot iron ore will remain high.
2. Auxiliary materials such as coking coal have risen sharply.
Third, exports are strong, although last month the state issued a policy to cancel the steel export tax rebate and import tariffs. However, the harvest is not obvious. Affected by the epidemic, foreign steel prices are also soaring and output is decreasing. Compared with tariffs, price changes hardly affect profitability, so exports remain unchanged and imports change little.
Therefore, the overall price will remain at a high level for some time, and the adjustment range is too large and too fast, plus a normal adjustment of policy regulation. There is still the possibility of rebound after adjustment. If the price really falls, it will take time to change the space. It is expected that a long decline will begin in the fourth quarter. Of course, it is certain that steel prices will return to normal.