Steel mills this month issued a May order policy, prices mainly to fall, among which the cold-line decline is relatively large. And the plate yield space is relatively good, become the only support steel factory price stable products. In addition, this month the steel plant subsidy policy increased, indicating that in May the relatively large pressure to receive orders, steel factory initiative to let customers, in order to promote the completion of orders. In May, the steel plant maintenance situation is relatively small, some large plant maintenance will continue to resume work, driving steel production continues to increase, is expected to increase the supply of resources in May about 3%, mainly wire screw, hot rolling, medium plate and galvanized material. In June, steel factory prices are likely to continue to cut 100-200 yuan per ton, subsidies will be increased.
This month, when capital construction and real estate resumed work and production, the building materials market destocking accelerated, the market price showed a pull-up phenomenon, including East China, North China and Northeast China prices pull up faster. And south china and west area because stop production steel plant to resume production, and electric furnace plant starts to rise, the social stock pressure is bigger, the market price presents the weak downward exploration phenomenon, among them south china market because the market stock is too high, causes the market price downward range to be bigger. With the progress of the project, the construction materials have slowed down in stages, while the supply of resources is abundant and the quantity of materials put in continues to increase, it is expected that the market price of building materials in May and June will have a downward risk, and the average price will be reduced by about 100 yuan / ton
Hot-rolled production rose 11% year-on-year in March, and Nissan’s production was down from February. The April production figures show an increase of more than 800,000 tons in March compared with March and are expected to increase in April. At the same time, foreign markets are affected by the epidemic and high domestic prices, export hot rolling orders have also been reduced, and to domestic investment. There are market statistics in the next May and June imports of thin materials to reach 50-600,000 tons of resources, mainly to the East and South China market. The price is 300 yuan lower than the domestic price; both supply and market expectations are under pressure. Also cold rolling orders are not good, the whole variety of sheet steel will transfer the data to hot rolling line to produce commercial materials, will also increase the supply
Post time: Apr-24-2020