subject: Expert: October construction steel market movements - construction steel market trends - the steel industry [print this page] Expert: October construction steel market movements - construction steel market trends - the steel industry
9 year Taiwan last month, as the construction steel market is expected to report the same trend, the early rising trend continued 8 at the end of the price record; the price spikes in late fall. On October, the construction steel market trend started weakening in early face as 7 days holiday, stock markets will no doubt increase the pressure of capital to businesses; the same time demand began to light, the export situation is also declining, those are on the market is a severe test. The international market, the basic maintenance of stable and long steel rising trend, while the support of high raw material prices, we believe that in October the whole domestic construction steel market will remain oscillation adjustment, market prices fall down in September over the situation.
A domestic construction steel production 1, the domestic wire rod output rate of a small pick-up
According to related statistics, 1-August total domestic steel production in 366.9707 million tons, up 24.1% over last year, an increase slightly higher than in July; including steel, wire cumulative production at 65,542,400 tons and 53,198,500 tons, respectively over the same period last year 16.5% and 16.3%, wire, Rebar Cumulative increase in flat, far less than the growth rate of steel.
8 year Taiwan steel production was 8,560,800 tons, up 17.9%, average daily production was 276,200 tons, compared with average daily increase of 01,200 tons in July, growth of 0.42%; wire produced 7.1103 million tons, up 16% of average daily production was 229,400 tons wire than the July average daily increase of 02,500 tons, growth of 1.09%. Output growth from the point of view, in August 17.9% of steel, wire rod production growth of 16% steel, 23.7% were significantly lower than the growth rate, indicating that the pressure Xianluo new production is relatively small.
Data can be seen from Figure 1-1, starting from March 2007, steel production remained stable in a month, while the output of the changed wire, wire rod production in August compared with July a slight increase in steel bar yield little change. Can be drawn from, the resources of rod pressure begins to increase, greater than the supply of steel resources. In September after rising market prices finished lower, the relative supply of domestic gradual increase in pre and post market price oscillation adjustment.
2, wire rod, rebar export momentum weakening
According to Customs statistics show that 1-August exports of China's total steel 45.08 million tons, up 83.8%.
Long products, steel, 1-August total export volume of 5.0326 million tons, representing growth of 154.54 percent over the same period last year, total imports at 37,300 tons, compared with same period last year 10.93%; wire total export volume of 4,613,100 tons , representing growth of 40.76 percent over the same period last year, total import volume of 389.9 thousand tons, less than 2.85% over the same period last year.
8 China's steel exports 5.38 million tons, 560,000 tons less than in July, compared with average daily export volume fell 9.4% in July compared to same month last year 1.52 million tons, up 39.5%; month net exporter of steel 3920000 tons, 630,000 tons less than in July, average daily, decreased 13.8% compared to same month last year 1.69 million tons, up 75.8%; construction steel, the steel export in August the total 422,100 tons, 83,600 less than in July tonnes, representing 179.46 percent increase over the same period last year; imports 0.31 million tons, 01,200 tons less than in July, compared with same period last year 10.93%; wire export volume in the 287,900 tons, 416,200 tons less than in July, compared with growth of 51.01 percent over the same period last year, imports at 39,300 tons, 06,300 tons less than in July, less than 2.85% over the same period last year. For now the domestic steel exports in August began to lose momentum, acceleration of steel products dropped for two consecutive months, you can see the effect of regulation and control of national policy has been well reflected, with the decline in exports of resources, resource flows to the domestic market, leading to pressure on the domestic market resources increased.
