Domestic Steel Prices "by The Risen Stability" In The Industry Bullish Market Outlook

Steel ex-factory price adjustments have also been raised to break a single situation

, individual manufacturers have chosen moderate cut strategy. Domestic crude steel in March this year, Nissan is still the second highest level, high spot iron ore prices continue upward, once jumped to more than 175 U.S. dollars per ton.

According to "My Steel "Monitoring, in the last week, the basic domestic steel prices continue rising trend early, but the overall situation has changed EADS were mixed, some areas of the steel in the late weeks of adjustments; steel factory price, but also a up early to change a single pattern of individual manufacturers reduced the price there, which deserve attention. Overall, the domestic steel prices are going through a "rose to stability by the" process, pull up too fast because the price front, the downstream demand restraints, businessmen "fear of heights" emotional gradually become apparent, some businesses choose profits, market sentiment cautious.

Relevant analysts believe that the construction of steel, the National rebar, wire rod prices trend remains the same, but the overall rising trend weakened slightly in some areas showed signs of callback. From the beginning in early March, the market trend continues to this day run up, and prices relatively solid pace. But while profits continue to enlarge the supply chain each link of the game will further increase, pushing up steel prices further limited room for the next few weeks, the trend of price shocks or gradually.

In the hot and cold coils, since the linkage of global iron ore prices, the cost of the international market, driven by steel prices there is not a small gain, so as to open up the export of domestic resources, "price Scissors Poor ", in April exports of domestic steel mills are still good, so as to reduce the domestic Sell Pressure. Some businesses continued to post higher prices to maintain optimism, she continues to push quotes. However, considering the lower level of acceptance will be increasingly restrained, to maintain high profits in the current inventory situation, part of the business profits, cash income is also strengthening mind. In addition, by the global shipbuilding industry and maritime industry to gradually pick up the drive, plate upward trend in demand is more obvious, thus supporting the plate in the price, but next to up the pace or slow down, the market will increase the differences Great.

According to the latest statistics show that domestic crude steel production in March rose 22% over average daily production reached 1,773,200 tons, 1,798,500 tons compared with February's slight decline, but still the second highest. Domestic steel production remain high, supporting a high ore prices up, 63.5% grade ore tons of imported stock price recently jumped to 175 U.S. dollars more than once, thereby ore price negotiations on global agreement to form a more significant pressure. Many in the industry are concerned that consumption of finished early in the second quarter after the low-cost raw materials, steel can conduction through the steel prices to maintain their profits, will be a problem can not be avoided.

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