INDUSTRY NEWS
Temporary price stability, poor demand
Temporary price stability, poor demand
At present, the price of mainstream cold-rolled coils in the market is 1.0100 yuan per ton of Taigang 1.0*1250*C, and the price of Laiwu Steel 1.0*1250*C is 4120 yuan per ton. According to traders, as the market is currently in a downturn, the downstream market has a poor circulation of cold-rolled coils and the sheet market is currently in the off-season. Market traders are mainly based on de-stocking, and most traders are in stock. At present, it is roughly 800 tons, and the average daily turnover is about 100 tons.
At present, steel mills and traders are paying more attention to the downstream manufacturers of automobile manufacturers in the market. They have not paid much attention to other markets. Traders report that traders hope to withdraw funds in the near future, and there may be financial shortages in the next period. At present, the market is slower in terms of cold rolling, and traders are not very optimistic about the later market.
Steel profit fell sharply in May. Steel price is expected to be weak in June.
In May, due to the weakening of market supply and demand and the trade situation, the steel market is expected to fall back, and steel futures and spot prices fluctuate downward. The raw material market prices continued to rise, especially the import mines and cokes increased significantly. The 62% iron ore index of Platts broke the $100 mark, which was $103.5 as of the end of May, up by $8.95 from the end of last month. Tightly expected, the coke market supply and demand are booming, the price increased by 200 yuan / ton from the end of last month, the two combined results in the cost of steel and iron per ton increased by about 200 yuan / ton, steel profits fell significantly. In the short term, raw material prices are expected to remain strong, while steel prices are weak, and steel prices are expected to fluctuate in June.
At present, the contradiction between supply and demand in the steel industry has intensified, and steel production has grown too fast. Wang Dayong suggested that steel companies should organize production rationally and orderly, maintain stable operation of the market, unswervingly follow the path of high-quality development, further strengthen environmental protection and safety awareness, and continue to increase Environmental protection investment, adopting new technologies and new technologies for environmental protection, ensuring ecological priority, innovative development, green development, focusing on key points, filling shortcomings, strengths and weaknesses, grasping implementation, increasing industrial restructuring, and continuously resolving excess capacity.
Baosteel Group Baosteel Tinplate Factory has improved the surface quality of the products, reduced the side burning points and roller defects, and increased the frequency and intensity of the conductive roller of the plating section to achieve good results.
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