Construction steel: Today, the decline of domestic construction steel market slowed down, and some markets remained stable. According to the market monitoring of Lange Iron and Steel Information Research Center, the average price of Ф25mm rebar in domestic key cities is 3,581 yuan, which is lower than yesterday by 49 yuan. The prices of key central cities are stable except Beijing, Tianjin, Guangzhou and Chengdu, and other markets have dropped by 5-5%. The average price of Ф6.5mm high-speed line in domestic key cities is 3,46 yuan, which is lower than yesterday by 46 yuan. The prices of key central cities are stable except Beijing, Zhengzhou, Guangzhou, Chengdu and Xi 'an, and the other markets are down by 5-16 yuan. In order to stabilize the sharply declining construction steel market, the following countermeasures were decided at the meeting of senior leaders of Hebei Iron and Steel Group on October 15th: First, the minimum sales price was introduced, and the sales price of construction steel was limited in October, with the high-speed wire not less than 3,3 yuan and the second-grade rebar not less than 3,7 yuan. Below this price, steel mills will no longer give any form of subsidies; Second, starting from November, the implementation of the new agency sales model will break the previous buyout steel trade marketing model, which is beneficial to the stability of market prices. After the measures of Hebei Iron and Steel Group were introduced, they played a positive role in stabilizing the market, and they were positively responded by the majority of dealers. After the measures were introduced, merchants in Beijing and Tianjin markets increased their market prices to match the policies of steel mills, and the prices were basically above the minimum sales prices of steel mills. The Beijing-Tianjin construction steel market has always been the "leader" in the domestic market. With the stability of the Beijing-Tianjin market price and signs of slight increase, it will have an excellent psychological impact on the domestic market. Today, the decline in other domestic markets has also decreased and stabilized, and the market will become more optimistic in the later period.
Hot coil: Today, the price of hot-rolled coil in domestic central cities has not completely stopped falling and stabilized. The average price of 5.5mm hot-rolled coil in domestic key central cities is 3,574 yuan, which is lower than yesterday's price by 24 yuan, among which Guangzhou, Guangzhou, Chengdu, Xi 'an and Shanghai are still falling. Today, there are some differences in the north-south trend of domestic hot rolling market. The markets in North China and Northeast China are gradually stabilizing, but the markets in East China and South China are still declining, especially in Shanghai, where the decline exceeds the price of 1 yuan to 3,4 yuan. Judging from the performance of declining cities, the lack of improvement in terminal demand makes the price unable to find a focus, which in turn affects the lack of market confidence, and merchants are demanding shipments, driving prices to continue to fall. Some steel mills have introduced settlement policies or subsidy policies, which are relatively large. It is estimated that the price policies of major steel mills will be introduced one after another in recent days. It is expected that the prices of steel mills will continue to follow the market prices, and businesses will be compensated for their previous losses. If the steel mill policy adjustment is relatively in place in November, it will play a certain role in stabilizing the market price. However, in the case of poor demand, the dominant factor of the market trend depends on the transaction situation, and the impact of steel mill policies on the market will inevitably be greatly reduced, and some market prices may continue to be lowered.
cold plate: today's opening, domestic cold-rolled coil prices continue to fall. The average price of 1.mm cold plate in domestic key central cities is 4,725 yuan, which is lower than yesterday in 17 yuan, and the average price of domestic cold-rolled coil falls below the 4,8 yuan mark. Among them, 2 yuan fell in Guangzhou and Hangzhou, 1 yuan fell in Shanghai, and 55 yuan and 4 yuan plunged in Xi 'an and Wuhan respectively. Recently, Shougang's resource prices have been basically stable, and the phenomenon of price reduction among agents has eased slightly, and the Beijing-Tianjin region has basically maintained a slight downward trend. At present, the market is basically close to the bottom price, but the quotation is quite chaotic. The transaction price of some merchants with high inventory is extremely low. It is understood that some resources of Tangshan Iron and Steel and Shougang in Tianjin have been as low as 3,8 yuan today. After continuous low-price selling, the overall inventory level of the market has decreased, but at present, merchants still have not stepped out of the shadow of price reduction. Contrary to the northern market, the price decline in the southern market headed by Shanghai continues to accelerate. Due to the increasing inventory pressure, the phenomenon of dealers' bidding and selling is still obvious, and the recent losses have increased. Faced with the downturn in the downstream market, merchants are pessimistic about the market outlook, and it is expected that the price may still move closer to the bottom. For steel mills, Angang introduced the price adjustment policy in November on the 15th, and the 5 yuan for cold rolling was lowered before tax on the basis of October. At the same time, Angang subsidized 9 yuan for its contracted households in September, and settled in October at the order price in November. In November, the order for a cold-rolled product of Benxi Iron and Steel Co., Ltd. was notified that the base price of common cold was lowered by 12 yuan, and it is expected that other steel mills will introduce subsidies and other policies one after another.
medium board: today, the market prices of most key cities in China are divided, and the steady decline in the north and the decline in the south can sum up the current situation. According to the market monitoring of Lange Iron and Steel Information Research Center, the average price of 2mm medium plate in domestic key central cities is 4,1 yuan, which is lower than yesterday in 6 yuan, Wuhan and Guangzhou, and the drop reaches 2 yuan, while the drop in Shanghai and Hangzhou is around 1 yuan. The price of key cities in North China remains stable today, and the price of medium plate in Tianjin and Shijiazhuang has rebounded slightly. The price of medium plate in Beijing and Tianjin has gradually stabilized, and some markets have slightly increased, which has a positive impact on the local market. In the case of stable quotations from large market players, the transaction is still relatively poor, which is not conducive to price stabilization. Today, the price of long-term electronic trading hot coil has fallen by a limit, indicating that dealers are more pessimistic about the market outlook, and their bearish mentality has not changed. The overall downward trend of steel prices is still fierce, and the plate market cannot escape the weak trend.
coated coil: today, the price decline of coating market in domestic central cities is slowing down. The average price of .47mm color-coated board in domestic key central cities is 683 yuan, which is lower than yesterday by 1 yuan, and only the price in Shanghai is lower than that in 1 yuan. The average price of 1.mm galvanized sheet in key domestic cities is 5325 yuan, which is lower than yesterday's price by 5 yuan, among which the declines in Beijing, Tianjin, Shanghai and Boxing are all in 1 yuan, 1 yuan, 1 yuan and 2 yuan. Today, the price of 1.mm galvanized sheet in some key domestic markets has fallen below the 5 yuan mark, and the price of .5mm color coated sheet in some small factories is close to 6 yuan. Different from the fact that the prices of construction steel and hot-rolled coil have gradually bottomed out and the market has gradually stabilized, there is still a big price difference between the coated plate and the upstream plate. Coupled with the huge inventory pressure of some domestic color-coated plate factories, the mainstream market mentality still has some fears about the market outlook. In addition, Benxi Iron and Steel and Angang Steel have recently issued a policy of sharp downward adjustment, so it is still difficult to stabilize the coated plate market in the short term.
Hot-rolled strip: According to the market monitoring of Lange Steel Information Research Center, the retail acceptance price of 2.5*(183-24) strip in Tangshan Ruifeng is 3,6 yuan including tax, which is 1 yuan higher than yesterday. 2.5*(232-355) The next-day pricing policy is still implemented for strip steel. The guide price of 2.5*(232-355) strip steel with high yield in Tangshan is 4 yuan, which is the same as yesterday. Due to the obvious decline speed of small narrow strip steel in Tangshan market in the early stage, and the successive production reduction and shutdown of various steel mills, the resources of small narrow strip steel in the market are slightly insufficient, so today, various steel mills have raised the price of strip steel below 24 mm. However, the price of 232-355mm series strip steel shows no signs of rebound. Guofeng still implements the month-end settlement policy, while Ruifeng implements the next-day pricing policy. Today, the billet price has basically stabilized, and the local 15*15 plain carbon steel billet acceptance price including tax is 315 yuan. Affected by this, there will not be much room for strip steel to fall in the later period.
Pipe: Welded pipe Today, the price of welded pipe in domestic central cities continues to fall. The average price of 4-inch (3.25mm) welded pipe in domestic key central cities is 4,537 yuan, which is lower than yesterday in 9 yuan. Today, the price of raw materials in Tangshan continues to fall, and some strip steel enterprises in Hebei have lowered the price of strip steel again, but welded pipe enterprises have not followed suit. Encouraged by the news of production reduction of major domestic steel mills, the mentality of merchants has improved, the decline of welded pipes has slowed down, and only the East China market is still falling. At present, the price of strip steel in North China is still significantly higher than that of hot coil, and there is still room for the price of strip steel to fall back in the later period. Welded pipe enterprises are more cautious about the market outlook, and basically produce after receiving orders. Avoiding risks and digesting inventory are still the main operating means of upstream pipe factories. Considering that the downstream demand is difficult to improve in the short term, the welded pipe market will remain weak in the later period. Seamless pipe: today, the domestic seamless pipe market still maintains a downward trend, and the decline is relatively moderate, but the shipment is still slow. The average price of 159*6mm seamless pipe in ten key cities nationwide is 6715 yuan, which is lower than that in 3 yuan yesterday. Today, the price of small factories in Shandong continues to go down, and the mainstream quotation is still maintained at 52 yuan/ton, and the lowest quotation of 55 yuan/ton has appeared. However, because the price has fallen too fast and the funds of enterprises have problems, most merchants still hold a wait-and-see attitude, and the price reduction has not changed the situation of insufficient orders of manufacturers. For the madness that small factories in Shandong adjusted their prices once a day last week, the market has been dragged into the abyss of deep decline, and businesses that can't see the bottom line are at a loss by the confused prospect. With the price adjustment speed of manufacturers in Shandong, it is obvious that the price adjustment speed and delivery speed of merchants are not enough. In the current market, except for the merchants without inventory, the merchants who sold the inventory in the early stage are basically losing money every day.
Profile: Today, the market price of profile in some central cities in China is declining. The average price of 25# I-beam in domestic key central cities is 483 yuan, which is lower than yesterday's price by 85 yuan, among which Hangzhou and Guangzhou markets have a larger decline; The average price of 25# channel steel is 4,873 yuan, which is lower than yesterday's price by 3 yuan. The market prices in Shanghai and Hangzhou are lower than those in 1 yuan and 2 yuan respectively. The average price of 5# angle steel is 4556 yuan, which is lower than yesterday's price by 1 yuan. The market prices in Shanghai and Hangzhou are lower than those in 2 yuan and 15 yuan respectively. Today, the mainstream price of the profile market continues to fall. According to the report of the merchants, after the market price fell, there were more telephone inquiries this morning, but the actual transaction volume did not increase significantly. Most of them mainly inquired about the market and their enthusiasm for purchasing was not high. According to the survey, there are not many overall resources in the market at present, but if the raw materials continue to loosen, the market price may continue to loosen in the short term, but the decline is limited.
Overview of carbon-bonded steel in special steel: Today, the domestic carbon-bonded steel market continues to fall due to the price reduction of steel mills. Due to the price reduction of steel mills in Xianggang and Egang, the market in Hangzhou and Ningbo continues to fall today, with a drop of 1-3 yuan. According to the market monitoring of Lange Iron and Steel Information Research Center, 45# carbon-bonded steel: φ Φ8mm produced by Xianggang is 415 yuan, φ Φ6mm produced by Chenggang is 415 yuan, φ Φ5mm produced by Hanggang is 395 yuan, and φ 8 produced by Nangang is 41 yuan. For 4Cr alloy steel, the φ Φ2mm produced by Shougang is 4,95 yuan, the φ Φ11mm is 5,25 yuan, and the φ Φ18mm produced by Benxi Steel is 5,4 yuan. Today, the overall domestic carbon-bonded steel market, the market in the southern region has fallen sharply, mainly due to the negative factors on the future market, which led to the inertia decline of the market price. Because the market demand has not substantially increased and the inertia decline has not stopped, the possibility of still falling still exists. In addition, the continuous increase in the inventory of steel mills is also a negative factor. According to incomplete statistics, the inventory of carbon-bonded steel in first-line steel mills has reached about 5, tons, and merchants and downstream users are still pessimistic about the future market trend, resulting in a sharp decline in orders, which is also one of the reasons for the high inventory of steel mills. At present, the market still needs confidence to stabilize, so that the market can stabilize. In the process of the current market trend continuing to decline, the panic selling of merchants is also an important factor contributing to the decline of market prices. In addition, it is learned from steel mills that the prices of raw materials such as scrap steel, iron concentrate and iron ore have also fallen sharply. Due to the serious influence of downstream users' wait-and-see psychology, it is difficult to change the decline of the former market. It is expected that the market will continue to decline in the future, and many businesses have taken measures to reduce the purchase volume and reduce the risk of market operation.
Stainless steel: Today, the market prices in major domestic cities such as Wuxi and Foshan have dropped slightly. Due to the drop in nickel prices in London yesterday, the domestic market prices began to drop slightly. According to the market monitoring of Lange Iron and Steel Information Research Center, the domestic market quotation is: made in Zhang Pu: 21,5 yuan for cold coil 34/2B .8mm and 2,1 yuan for 2.mm; The 34/2B 2.mm produced by TISCO is 19,8 yuan; The 4.-6.mm hot rolled 34/No.1 flat plate is 18,7 yuan, the same specification is 18,4 yuan made in Zhang Pu, and the 3.mm rolled 34/NO.1 coil plate is 19,8 yuan. Because the current demand for 3 series products has not found a reasonable price to take over, the 3 series products have fallen sharply this year, while the price of 2 series products is still firm, mainly due to the structural changes in the current market. Due to the influence of the 3-series high position of downstream users, the demand for alternative products began to focus on the 2-series market, and the market demand supported the 2-series price to drop slightly. Today, the prices of major domestic cities such as Wuxi and Foshan are also affected by the decline in international raw material prices, and the decline in the cost of steel mills by market merchants has further suppressed market prices. Because the downstream users are not optimistic about the later market, traders mostly adopt the operation means of small batch purchase and zero inventory, and the market has a heavy wait-and-see attitude. Today, the transaction price of the market tends to decline slightly, and steel mills are worried about the continuous decline of the market price and begin to implement the policy of limiting production and quotation. In addition, market merchants believe that the future market price will remain stable in the short term, accompanied by a slight downward trend, and expect that the international market procurement will rise, which will bring warmth to the market trend.
furnace charge dynamics On October 16th, the domestic furnace charge market showed a weak consolidation state. The details are as follows:
Billet market: Today, the domestic billet market has temporarily maintained a stable operation, with no obvious improvement in market transactions, and the wait-and-see atmosphere hangs over the whole market. Recently, domestic billet prices have continued to fall sharply, but the market demand still cannot get rid of the downturn, mainly because most users are bearish on the market outlook recently, so the purchase volume has continued to decline; In addition, the market of building materials and strip steel closely related to billet has not stopped falling, and rolling enterprises and downstream users are still in sufficient inventory, so there is no need to reserve too much resources in the short term. Judging from the current market, downstream users have insufficient confidence in the billet market outlook, and steel mills are also pessimistic about the later trend. It is expected that the billet market will still have a downward trend in a short period of time. In Tangshan area, the main market acceptance price of ordinary carbon 15*15 square billet is 315 yuan, the main market acceptance price of ordinary carbon 165*225 rectangular billet is 32 yuan, and the price of low alloy 15 square billet is 33 yuan. The price of ordinary carbon 15 square billet in Tianjin is 325 yuan, and the price of low alloy 15 square billet is 335 yuan; Shanxidi