Steel Prices Are Still A Solid Case Of Resistance To The Demand Pick Up - Electric Blender

Since the domestic steel market prices since mid-April

, after six straight weeks of price increases, some market and some types of price correction last week, finally. In large domestic steel mills have announced in June, when ex-factory price of Baosteel's products prices in July have been the first appearance, but is "still holds partly concealed", key products, cold rolled coils have been postponed until next month .

It was reported that analysts believe that the current steel prices rebound and the traditional sales season, while the terminal is still solid demand pick up the current negotiations on China's ore price uncertainty makes it more difficult for steel mills.

However, some regional markets, and some steel products has grown from a continuous rise in the last few weeks down. Such as the construction steel market, except for Shanghai East China remains stable, the other end of the market in general last week slightly dropped between 20 to 30 yuan / ton, the North overall market decline, in which Beijing, Tianjin and the market late last week the construction steel prices drop 30 ~ 60 yuan / ton is not and so on. The sheet products, plate except for a few market prices rose slightly, the other was stable and slightly lower overall market trend; overall increase of hot-rolled coils, some high-priced market, a slight correction.

Recently, Baosteel has also announced in July varieties of steel prices, steel prices down 300 yuan / ton, billet prices down 200 yuan / ton, while prices of other varieties are not adjusted, it is noteworthy that not all products of this price adjustment in July of the Prices have been identified, Baosteel's flagship products such as hot and cold coils postponed to June 10 announced the new price again.

"Prior to situation has improved in order to reduce the company's orders are filled in June, and July customers wait in line for a lot of resources," Baosteel insiders told reporters, however, warming the basis of orders for some products are not solid, such as automotive panels, mainly in the low-end car production demand has picked up, while demand for high-end automobile plate is still not strong as in previous years, so there are still some uncertainties, it is also the company does not have a one-time price of all products released in July reasons.

Baosteel Group's pricing policy as a domestic steel prices trend once the vane, after pricing policies be adjusted once a quarter, but began in July last year, adjusted to 1 month launched once, and now the prices of some products in July another postponement of the policy, but also shows the trend of the future market uncertainty.

In addition to Baosteel, to produce mainly the construction of steel mills raised the price of the policy is still mainly Shougang has also recently announced a 5,6 month construction steel prices, which in May raised the price of 50-80 yuan / ton, 6 month of a further rise in the price of 150 yuan to 200 yuan / ton.

by: gaga

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