INDUSTRY NEWS
Tianjin-Shanghai-Guangdong Makou Iron: Baosteel July Makou Iron Up Market Volatility Run
Price: Shanghai market Meisteel 0.2mm double-sided tinplateed 2.8g resources mainstream selling price stabilized, reported at 6280 yuan / ton, Baosteel 0.25mm mainstream price th2is week at 6750 yuan / ton, private steel mills, the current Coma 0.2mm specification factory price at 6130 yuan / ton.
Tianjin market price stability, Richren 0.2 x 900 mainstream selling price 6050, Siwenke de 0.2 x 800 mainstream price 6200, Yan Zhuoli 0.20 x 926 mainstream price 6100, Guangzhou 0.20mm Coma 6060. This week, the overall stable operation of the Makou iron market, some market resources slightly adjusted, the overall transaction in general. Specifically, upstream: the spot hot volume market continued to fall during the week after some upward adjustment, inventory inversion, social bank increased by 434,000 tons. Downstream: downstream enterprises in the near future orders generally, Baosteel, Shougang and other state-owned enterprises in the near future production and sales flat, private enterprises Coma, China and Guangdong and other orders to maintain normal, with the cost of raw materials continueto to fall, the production costs of the horse mouth reduced, downstream canning enterprises orders prices increased from the previous period. Spot market, the recent market tin plate spot less, terminal demand after the full start, the market trading atmosphere is relatively strong, the market spot is relatively small, mostly futures-based, local shortage is more obvious. In addition, Baosteel, Meisteel in July 2018 tin-plated / chromium futures prices increased from June, Baosteel tin-plated CA, Meisteel, chrome prices flat increase of 100 without tax. In addition, Baosteel's recent base price flat, production and marketing balance, some specifications are relatively out of stock. To sum up, in the short term, the tinned market is still a weak and stable operation of shocks.
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