The hottest plate market will welcome the early sp

2022-10-19
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In the morning of January 7, 2013, the notice on the adjustment of domestic futures sales price of carbon steel plates of Baosteel Co., Ltd. in February 2013 spread in the steel trade circle, causing the attention and heated discussion of steel traders. This time, Baosteel issued the ex factory price policy for February 2013, which rose as a whole. Among them, the ex factory price of hot rolled products is increased by 160 yuan/ton; Pickling products will be increased by 80 yuan/ton; Ordinary cold products will be increased by 120 yuan/ton; Hot dip galvanized products (CQ grade, s series structural steel, pickling hot-rolled substrate hot-dip galvanizing) will be increased by 100 yuan/ton; Electrogalvanizing (CQ grade products) will be increased by 100 yuan/ton; The price of aluminized zinc products will be increased by 120 yuan/ton; Non oriented electrical steel (b50a (H) 600, b50a700) will be increased by 80 yuan/ton, (b50a (H) 800 and below) will be increased by 120 yuan/ton. After adjustment, 5.5mm × The list price of 1500mm (SS400) hot rolled coil is 4302 yuan/ton, 3 And with the upgrading of technical standards in these fields × The list price of 1250mm (SPHC) hot rolled coil is 4527 yuan/ton, 1.0mm × The list price of 1250mm (SPCC) cold rolled coil is 4536 yuan/ton, excluding tax

some operators believe that Baosteel raised the ex factory price of steel in February again, which was expected long ago, confirming the market trend of "strong plate and weak building materials", which is a harbinger of the promising domestic plate Market in early spring and February. Qiu Yuecheng, a senior researcher at Xiben Shinkansen, analyzed that Baosteel raised the ex factory price of plates in February, which is a comprehensive increase in the ex factory price of Baosteel for three consecutive months since December 2012. The cumulative increase in the ex factory price excluding tax of hot-rolled, cold-rolled and other mainstream varieties reached yuan/ton, reflecting that the domestic plate market situation has been significantly improved since the fourth quarter of last year. The rise in market prices, the improvement of steel plant orders and cost promotion are the main reasons for the continuous rise in steel plant prices. At present, the average price of hot rolling and cold rolling in major domestic markets has rebounded by yuan/ton compared with the end of September last year, with a rebound range of 20% - 25%. In the same period, the cumulative rebound range of imported iron ore prices has exceeded 70%. It is also reasonable that the ex factory price of steel mills has increased significantly. As the ex factory price of Baosteel, which is the "weathervane" of the market based on the feedback of current customers, is expected to rise, the ex factory price of Angang, WISCO, Shougang and other steel mills that subsequently issued price policies will also rise in February

in February, the plate market will take the lead in warming up, and the price will rise steadily. In the interview, some steel traders believed that Baosteel, which has a "weathervane", raised the ex factory price of plates in February, sending a signal to the market that the domestic plate market can still expect in the later stage, and the possibility of price decline is unlikely, while the rising probability is that the thickness of insulation layer previously implemented according to the 50% energy-saving standard in all regions will increase by more than 30% correspondingly

one of the reasons why Baosteel raised the ex factory price of plates in February was driven by rising costs. Recently, the market prices of iron ore, coke, scrap steel and other steel raw materials have continued to rise, especially the price of iron ore has soared. During the new year's day, Platts' iron ore index rose by $6.25/ton to $150.75/ton, and rose again to $155/ton on January 6. Compared with the lowest value, the increase was fully 70%. On the same day, the price of ordinary carbon billets in Tangshan was 3320 yuan/ton, with a weekly increase of 50 yuan/ton; The price of scrap steel in Jiangsu was 2890 yuan/ton, with a weekly increase of 60 yuan/ton

the coke price in Shanxi was 1450 yuan/ton, with a weekly increase of 30 yuan/ton; The price of 66% dry base iron ore in Tangshan was 1180 yuan/ton, up 50 yuan/ton on a weekly basis. At the same time, the quotation of Indian fine ore with a grade of 63.5% was $156/ton, up $14/ton on a weekly basis. Due to the continuous rise in the prices of raw materials such as iron ore, the cost pressure of steel mills has increased, and some have serious losses. According to statistics, in the first November of last year, the member enterprises of China Iron and Steel Association achieved a cumulative sales revenue of 3244 billion yuan, a year-on-year decrease of 5.37%, and realized profits and taxes of 66 billion yuan, a decrease of 57.73%. The profit and loss offset profit was 1.97 billion yuan. It is expected that the profit and loss of the whole industry will be flat in 2012. The main industry of steel is still in the state of loss. Magnesium alloy is the lightest form of metal structural materials that are often used. In this case, driven by rigid cost pressure, it is "reasonable" for steel mills to raise the ex factory price in February

in addition, Baosteel raised the ex factory price of plates in February, which shows that the market demand for plates is releasing, and the driving force of demand support is enhanced, which is one of the important reasons. There are various signs that the demand of downstream end-users for strange hot and cold plates is gradually released, and the production and sales of household appliances, automobiles and other manufacturing industries are improving, and the prosperity is improving. According to the China automobile market index report released by the China Automobile Market Research Institute, China's automobile production and sales exceeded 19million in 2012 and is expected to reach 20.5 million in 2013. China's auto market has got rid of the situation of overdraft and slowdown in the "blowout year" in 2011 and 2012, and has a growth rate synchronized with GDP growth

moreover, the domestic manufacturing industry has accelerated the pace of recovery. According to the latest statistics, the purchasing manager index of China's manufacturing industry was 50.6% in December 2012, maintaining above 50% for three consecutive months; The steel PMI index rose 6.3 percentage points month on month to 55.5%, a new high in nearly seven months. The manufacturing industry is the main downstream user of cold and hot rolled coils and other plates, which also shows that the downstream demand recovery prospect of plates is optimistic. It can be seen that the steel plant's increase in the ex factory price of cold and hot plates and other plates is in line with market expectations

Baosteel raised the ex factory price of plates, which strengthened the confidence of steel traders and drove the spot market price to rise steadily. On January 7, the market price of hot coil in Shanghai market rose sharply. The quotation of 1500mm plain carbon steel coil climbed to yuan/ton, and the quotation of hot coil produced by Shagang rose to around 4120 yuan/ton, with an increase of yuan/ton. Baosteel announced its price policy for February, which boosted the bullish sentiment in the market. Businesses expect the market to continue to rise in the near future. Therefore, the mentality is very good. Due to the tight market resources at present, the arrival volume of steel mills is very small. Some steel traders are reluctant to sell, and some large-scale enterprises ship in limited quantities. While some other steel traders actively organized resources, prepared materials and replenished the stock, and the middle-end demand was released, leading to the rise of spot market prices all the way

on this day, the hot coil market prices in Hangzhou, Wuxi, Tianjin, Shenyang, Changsha and other places rose steadily, with an increase of yuan/ton. According to the statistics of Xiben Shinkansen, a commodity spot trading platform, on January 7, the national average price of hot coil (ss4005.5mm) was 4094 yuan/ton, up 10 yuan/ton; The average price of cold plate (st121.0mm) was 4726 yuan/ton, up 15 yuan/ton; The average price of medium plate (q23520mm) was 3929 yuan/ton, up 20 yuan/ton. By the weekend of January 11, the prices of domestic cold and hot plates and medium and heavy plates had risen as a whole, with the increase generally above 100 yuan/ton, and the largest increase reached 250 yuan/ton. The price rise was heard again in the plate market

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