The hottest policy boosts demand, and the steel pr

2022-09-30
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On January 12, the commodity futures market rose and fell, and the steel sector continued its rise in the previous days, but slowed down slightly. As of the closing, the 1705 main contract of iron ore closed at 607.5 yuan/ton, up 1.67% from the previous trading day; Rebar 1705 main contract closed at 3207 yuan/ton, up 1.07% from the previous trading day; The main contract of coke 1705 closed at 1690 yuan/ton, up 1.02% from the previous trading day; The main contract of hot rolled coil 1705 closed at 3592 yuan/but due to the adoption of advanced structural design and high-level manufacturing tons, it rose 0.79% from the previous trading day

the spot market has changed its "malaise" in recent days, with a slight increase. On January 12, as of press release, the 4.75mm hot rolling mill in 24 major cities across the country has improved the indication accuracy, and the average price of coils is 3814 yuan/ton, up 15 yuan/ton from the previous trading day, of which Nanjing has increased by 90 yuan/ton (the largest increase), Lanzhou China plastic extruder market has also made great progress and breakthroughs, with the state falling by 50 yuan/ton (the decline), and Shanghai closing at 3780 yuan/ton, unchanged from the previous trading day

the futures price is the reflection of market expectations, which is greatly affected by the news, market sentiment and funds, while the spot price is the result of "immediate" changes in the market. In recent days, there have been continuous news of policy to reduce production capacity and crack down on "ground bar steel", and the "cold" atmosphere in the market is increasingly "heating up". The market's expectation of the contraction of the supply side has led to a sharp rise in the futures of the steel sector. Iron ore, coke, screw thread and hot coil have increased by more than 10% in the past four trading days, but at the same time, the spot market has been slightly calm, with hrb400/200mm screw thread steel and 4.75mm hot coil rising by 32 yuan/ton and 17 yuan/ton respectively in the past four trading days

demand cantilever impact testing machine its standard sample specification in ASTM is 6412.7 3.2mm (2.5 0.5 0.125 inches). Poor performance is the most "thorny" problem in the steel market today. Under the expectation of "good market" in the coming year, the market is waiting for the steel price to fall to the psychological range for "winter storage". The current steady-state trend of steel price is not conducive to the release of market demand, resulting in "price without market" and "infinite empty rise"

at present, the profit per ton of rebar and hot rolled coil steel is acceptable, and the production willingness of steel mills will not be weakened. By the Spring Festival, the contradiction between supply and demand in the market will further increase. When the policy factors are exhausted, the demand will again dominate the steel price trend. In addition, the main contract of futures snail has increased positions in recent years, and the recent long and short game on the disk may intensify. It is expected that the steel price will maintain a volatile trend before the Spring Festival

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