The Second Quarter Of 2010, China's Steel Price Trend Forecast A Comprehensive Analysis

With the good economic trend, combined with warmer weather

, lower steel consumption has gradually started. Intensity of the expected increase in demand, the mill for the transfer of profits and production costs on which traders and downstream users to take pity production reluctant sellers, marketing strategies, the overall demand for the formation of common interests in the price under the alliance, pulled by a substantial ex-factory delivery contract quantity control operation means to bolster the market's psychological expectations, thereby affecting steel prices. Half late in the second quarter, the steel price trend in the support of all favorable factors remain high under the situation without much problem.

Pulled up early in the continuing need to support lower consumption, while the current macro regulation and control trends in complex downstream users has made the situation in the current high steel prices to maintain a cautious attitude towards purchasing, especially by increasing regulation and control of real estate , steel demand will be reduced shortly.

But in the next late half of the second quarter, while low-cost raw material has been digested steel is similar to many other markets do not have to keep warm, steel mills and traders have high cash impulse, once steel heavy volume production, the steel market, the market adopted a "release on" strategy, combined with the second quarter increased the domestic currency may go back to the channel, reducing the cost of imports of iron ore and steel exports less competitive, will force steel mills to increase resources of the domestic market launch efforts, which accelerated in the export before the yuan appreciation will accelerate consumer demand for the latter part of the international market, so individual judgments in the second quarter late in the second half of steel price trend may be turning point, need for vigilance.

Finished lower in the occasion of the domestic steel prices, domestic Steel Giant Baosteel Group yesterday introduced a carbon steel plate Sell Policy, and most varieties contrarian up 200 to 600 yuan / ton range.

Which, in May of rolling, pickling, general cold products, hot galvanized, electro-galvanized products could rise 200 yuan / ton. Ship plate steel up 400 yuan / ton, the other plate varieties up 500 yuan / tons. Non-oriented electrical steel products is generally up 600 yuan / ton.

In addition, Baosteel will be in May, in June of Colored prices generally rise 600 yuan / ton, and in June of plating tin products in May based on the general price rise by 300 yuan / ton, 6 month Chrome plating products in May based on the general price rise by 300 yuan / ton.

Comprehensive look at the price of Baosteel recently, hot rolled and cold rolled products have risen this year, more than 1,000 yuan per ton, silicon steel increase is reached 1650 yuan / ton.

Baosteel's steel products are mainly downstream customers Home Appliances , Car Enterprises, steel analyst with CITIC Securities told reporters yesterday by the Greek week, compared to prices in the downstream sector, the proportion of the cost of the current steel prices still relatively small and Baosteel orders will generally determine the price adjustment, so downstream clients should also be acceptable, and may further increase the price for transmission through. "The key to look at prices lower down can always transfer."

Comparison, shipbuilding enterprises affected to a greater number. According to the China Shipbuilding Industry Association released data, according to current prices of new vessels is estimated that the cost of steel about 35% of total shipbuilding costs, steel prices rose 10% each, will increase shipbuilding costs about 3.5%. And because shipping companies are still delayed shipbuilding orders for the new shipbuilding prices have now almost the cost price.

Last week, a total of 40 domestic rebar and wire rod manufacturers have raised prices, Wuhan is also the first to raise prices of 14, except cold rolled coils up 100 yuan per ton, the hot rolling, wire and other major species have greatly increased 500 yuan / ton. Subsequently, the Anshan Iron and Steel also announced the afternoon of 19 May of the steel policy, wire up 500 yuan / ton, hot-rolled varieties rise by 300 yuan / ton, up 450 plate / ton.

The role of market leader Baosteel has also raised prices in May, the market generally and the sand after the Hebei Steel Group's steel price increase is expected to strengthen again.

The Second Quarter Of 2010, China's Steel Price Trend Forecast A Comprehensive Analysis

By: yoyo

POST COMMENT

Technical Seminar: Analysis Of Two Detailed In Situ Analysis Offers Better Control, Consistency Q3 Statistical Analysis Of The Bearing Industry, The Rapid Development Of Increasingly Bullish What is Portfolio Analysis used for Case Analysis Report – Part 5 - Case of Repetitive Human Life Cycle (Another Birth as a human being) Use Of Geothermal Water As The Heat Source Heat Pump Water Analysis (figure) Hardcover Shell Warping Analysis Of The Causes And Solutions Komatsu Pc200 Excavator Walking Deviation Analysis And Elimination My Own Gossip Analysis: Not quite as good as previous years Advanced Metering Infrastructure (AMI): Smart Grid Global Opportunity Analysis Analysis of HP ProBook 4510S-VC313EA Analysis Of China's Coal Astro -Analysis of Spiritual Illuminati