The overall steel price trend in the spot market fell slightly last week. Although from the perspective of the futures level and the performance of the raw material market, the overall trend was acceptable last week, but from the spot side, the overall market shipment situation was poor, and the recent increase in the arrival of resources, so the overall price of merchants was lowered, and the operation Keep shipping.
Common billet: The ex-factory billet price of Tangshan steel mill in early June 12 was stable at 4,480 yuan/ton compared with yesterday, and the spot part of the warehouse was reported at about 4,530 yuan/ton including tax. The overall transaction in the billet market was cautious and weak. Downstream finished product prices fell narrowly.
Section (Hbeam I beam U channel Angle )steel ex-factory: The price is reduced by 20-30 yuan/ton. At present, mainstream steel mills offer I-beam 4820-4840 yuan/ton, angle steel 4780-4790 yuan/ton, and channel steel 4780-4800 yuan/ton. After the price drop in early trading, the downstream mostly took a cautious wait-and-see attitude, the shipment did not improve significantly, and the overall transaction was weak.
145mm strip steel market: June12, intraday price was reduced by 20-40 yuan/ton, the mainstream price was 4660-4700 yuan/ton, and the manufacturer's order was acceptable.
The market price of 355mm strip steel was stable compared with the price of yesterday afternoon. The mainstream spot price was 4,700 yuan/ton. The market forward price and the spot resource price were basically the same, and the transaction was weak.
【Hot coil, cold rolled coil base material】
The market price of the open flat panel is lowered by 10 yuan/ton, and the mainstream 1500mm wide open flat panel in the market is quoted at 4760 yuan/ton. The market trading atmosphere was not good, and the transaction was weak.
The market price of cold-rolled base material is lowered by 10 yuan/ton, and the mainstream market price of 3.0*1010mm is 4720 yuan/ton; 3.0*1210 is 4720 yuan/ton. Merchant offers deserted.
【Pipe material】
Welded pipe and galvanized pipe market: The price of welded pipe and galvanized pipe is stable. 4-inch 3.75mm hot-dip galvanized pipe, Tangshan Jinghua 5750 yuan / ton; 4-inch welded pipe Tangshan Jinghua 4900 yuan / ton, weighing including tax. The price continued to stabilize, and the transaction was wait-and-see.
Win Road International Steel Product
Market Inventory of Various Varieties in China
1. Construction steel
China's construction steel prices fluctuated weakly last week. Specifically, under the influence of rainy weather after the holiday, the Chinese market demand did not perform as well as expected. Although the disk showed shocks and strengths, the weak reality still failed to bring effective support to prices.
2.Cold rolled coil
Last week, the national cold-rolled coil prices fell slightly on the whole, and the market transactions were generally average. From a fundamental point of view, the production of cold rolling increased slightly on a week-on-week basis, the factory warehouse and social warehouse both decreased, and the overall warehouse decreased slightly. In terms of the market, prices in major markets showed mixed prices last week, and the overall average price in China fell slightly.
3. Profile steel(I beam, H beam, U channel beam, Angle steel)
Last week, the steel market price fluctuated weakly. The price of raw materials was relatively strong, and the overall quotation was slightly increased by 20 yuan / ton. At the same time, the performance of the futures disk was also at a high and volatile level. Therefore, although the market sentiment did not directly change, the decline in the overall quotation began to gradually narrow. On the other hand, relatively speaking, steel companies have not continued to lower their selling prices recently, so some merchants with few goods have tentatively raised their prices, but from the market feedback, transactions have been hindered after the rise. At present, the average price of angle steel and channel steel in China's mainstream urban steel has dropped by about 6-7 yuan/ton compared with last week, and the average price of H-beam in China has dropped by about 10 yuan/ton compared with last week.
Seamless tube:
Overview: As of June 10, the average price of 108*4.5mm seamless pipes in 28 major cities in China was 6,243 yuan/ton. Last week, the price of seamless pipes in most parts of the country narrowed, falling by 10-30 yuan/ton.
This week's prediction
Overall, the supply of upstream production enterprises has continued to increase in the past two weeks at this stage. However, due to the lack of enthusiasm for purchasing in the end consumer market and the impact of recent rains in the southern region, the pressure on resources has gradually shifted to the trade side. On the other hand, from the perspective of cost, although the profit restoration of upstream enterprises has improved compared with the previous period, the overall benefit increase is not obvious, and at the same time, the cost of merchants' inventory resources is relatively high. Therefore, from the perspective of cost replacement, the market There is still a certain tendency to ship. Therefore, in general, it is expected that the domestic steel market price may fluctuate at a low level this week.
Post time: Jun-13-2022