subject: North-south Differences In Steel Market Prices Are Stable North Down South - Steel Market - Hardware [print this page] Close to the end of the North Market building steel market decline in a row, while the southern market is relatively stable. According to data monitoring display: As of November 26, the average price in the domestic high wire 3,558 yuan, 24 yuan higher than last fall, up 29 yuan more than last week, last month dropped 41 yuan; national average price is 3577 yuan thread, fell more than 8 yuan yesterday, up 41 yuan over the same period than the rise, last month fell 40 yuan. Beijing and Tianjin markets start from November 21, loosening the market, prices falling, in addition to steel line will be introduced at the end of the price policy, the most important factor is the decline in steel shipments increased significantly in the end, together with market transactions would generally, in the capital market resources, increased tension and pressure, the market prices continue to fall.
Steel production statistics from the point of view, according to the National Bureau of Statistics released the October data showed the domestic production of metallurgical products, in October more significant decline in domestic steel production, steel production was 42,929,500 tons, and in September, down 299.13 million tons, lower than the previous 6.51%. The Province of view, Hebei, Shandong, Jiangsu, Liaoning, Tianjin, five traditional areas to reduce steel production capacity is reached 1.9874 million tons, accounting for the country's 66.44 percent reduction of steel, of which the largest decline in steel production in Shandong this month to reach 849,500 tons, followed by Jiangsu, a drop of 404,300 tons, the largest steel-producing provinces of Hebei steel output in October compared with September just cut 102,600 tons, it can be seen in late September Hebei Steel Group proposed a high-profile "in the 20% cut to cut 10-20% based on the" response does not appear to be implemented. In less than 200 tons of steel production in the provinces, Beijing, Shanghai, Guangdong, Anhui, Yunnan, Fujian, Sichuan and other areas of steel production in September, compared with little change, other parts of the main yield basic to slightly down.
From the variety of view, the greatest impact by steel cut variety concentrated in the plain carbon materials, the common carbon steel wire, hot-rolled wide strips of thick, medium and small steel bar, hot rolled narrow steel and other low-end steel products since the third quarter, the biggest decline since the production of several varieties, in October most of the varieties of steel production continued to decline, which wire production has fallen sharply for 4 months, 10 monthly drop in the ring than most varieties , reaching 532,600 tons.
Construction steel: October output was 5.6743 million tons of wire, chain to reduce 532,600 tons, down 8.58%, a decline of 18.22% over the previous year. October steel output was 7.6052 million tons, 154,300 tons less than in September, a decline of 1.99%. From wire and steel production regions statistical point of view, in October in the main producing provinces and Tianjin, wire, wire the three northeast provinces and other places slightly higher yield, Hebei, Henan, Shanxi and Shandong decline trend. October wire production in Northeast 37.7 million, an increase 30.1 thousand tons, an increase of 8.68%; Hebei Province, produced 1,030,700 tons wire, chain to reduce 83,200 tons, a decline of 7.47% chain; wire production in Shandong Province 287300 tons, 173,000 tons less chain, the chain fell to 37.58%. Around the rebar production in October, the decline in Jiangsu Province, is becoming more apparent, followed by Shandong, Hebei and Beijing while production continued to increase slightly. October steel output of Jiangsu Province, 1.1037 million tons, 114,100 tons less chain, the chain fell to 9.37%; output of 665,100 tons in Shandong Province, reduce 99,800 tons of chain, chain drop of 13.04%; steel production was 1.025 million in Hebei Province tons, the chain increase of 4.2 million tons, an increase of 4.27% chain; steel production chain in Beijing increased 37.3 thousand tons, an increase of 128%.
Consolidated full year, despite the many steel mills since the second half cut the measures taken by the powerful, but in the first half of steel production have been strong, as of October, 2008 domestic steel production by 5.9% remained The 1-year growth in October to the domestic supply of steel resources, 448 million tons, more than the same period last year 25,283,300 tons, an increase of 5.98%, the sharp decline of demand in the second half of the cases, the backlog of steel forced a lot of resources inventory, according to statistics, as of September, focusing on medium-sized steel mills to 9.2117 million tons of steel stocks, while stocks last year 5,781,100 tons, an increase of 59.34% steel stocks.
