What is the trend of steel prices now?

Updated on Financial 2024-03-10
11 answers
  1. Anonymous users2024-02-06

    1. The domestic steel market continues to be the first in the near future.

    2. Steel is widely used and varied, according to the different cross-sectional shapes, steel is generally divided into four categories: profiles, plates, pipes and metal products. Steel is a material of a certain shape, size, and properties that ingots, billets, or steel are made by pressure processing. Most steel processing is carried out by pressure processing, which causes plastic deformation of the processed steel (billets, ingots, etc.).

    According to the different processing temperatures of steel, it can be divided into two types: cold working and hot working.

  2. Anonymous users2024-02-05

    Recently, the domestic steel market has been red across the board, and the main "fuse" is the 65% increase in iron ore prices. And after it, let's budget the corresponding steel mill cost. Under the same assumptions, the cost increment per ton of steel mills importing Brazilian Vale ore will reach 356 yuan (=, and the average cost increment per ton of steel single iron ore **** will reach 375 yuan based on the comprehensive steel yield rate of 95%.

    Judging from the current market, the magnitude of the domestic steel market after the Spring Festival can basically make up for the cost pressure caused by the import of iron ore by steel mills with imported iron ore as the main raw material. However, as far as the current trend of the domestic market is concerned, it is not realistic for the overall market to stop. In the short term, Baosteel will introduce the second quarter, and the varieties will be significantly raised, which will still have a greater role in stimulating the domestic market.

    After the major steel mills and markets are raised, the profit margins of steel mills with imported ore as the main material have been very considerable, basically exceeding 1,000 yuan. The profit margin of steel mills is too high, and the risk of market ** is relatively large. At present, the production cost and sales of steel mills with domestic spot and imported spot iron ore as the main raw materials are basically the bottom line of the domestic steel market.

    Although there has been a large increase in the domestic steel market recently, there has been no significant increase in domestic iron ore, Indian ore port spot and landing, and imported spot ore has remained basically stable. Due to the fact that there is still a certain gap between the level of 65% of the imported long-term agreement ore and the current Indian ore, the impact has not yet appeared in the short term. After entering the second quarter, changes in domestic coke, domestic ore, Indian ore spot and sea freight need special attention.

    And the recent madness, is also irrational behavior, after all, the downstream demand has not been officially launched, most of the market transactions are strong, mainly reflected in the "moving bricks" phenomenon between businesses, after the market ** follows the steel mill **, the steel mill will carry out the policy of making up for it, in the end the profit of the business is still very little, and finally it is to carry a sedan chair for others. At the same time, the crazy move of steel will also attract the intervention of national policies. At this stage, merchants still need to maintain rational thinking and maintain a cautious attitude in operation.

    Trouble, thanks!

  3. Anonymous users2024-02-04

    Zhou Chang Zhengming reported the clear liquid 9. Naisuo 26

  4. Anonymous users2024-02-03

    I have seen it at the steel e-station.

  5. Anonymous users2024-02-02

    Summary. Hello, I'm glad to answer your questions, recently steel **slightly**. This week, the steel market **slightly**, the domestic steel index (myspic) composite index closed on the 30th, week-on-week**.

    The main domestic varieties are up and down, and threaded and hot-rolled are in the front. In terms of this Friday, the large steel varieties were 10,000 tons, and the reduction was 10,000 tons. In terms of inventory, the total inventory of steel varieties on Friday was 10,000 tons, an increase of 10,000 tons week-on-week.

    Have a great day.

    Recently, steel has risen or fallen.

    Hello, I'm glad to answer your questions, recently steel **slightly**. This week, the steel market **slightly**, the domestic steel index (myspic) composite index closed on the 30th, week-on-week**. The main domestic varieties are up and down, and threaded and hot-rolled are in the front.

    In terms of this Friday, the large steel varieties were 10,000 tons, and the reduction was 10,000 tons. In terms of inventory, the total inventory of steel varieties on Friday was 10,000 tons, an increase of 10,000 tons week-on-week. Have a great day.

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    Hello, I'm glad to answer your questions, recently steel **slightly**. This week, the steel market **slightly**, the domestic steel index (myspic) composite index closed on the 30th, week-on-week**. The main domestic varieties are up and down, and threaded and hot-rolled are in the front.

    In terms of this Friday, the large steel varieties were 10,000 tons, and the reduction was 10,000 tons. In terms of inventory, the total inventory of steel varieties on Friday was 10,000 tons, an increase of 10,000 tons week-on-week. Have a great day.

  6. Anonymous users2024-02-01

    Steel** variations

    From 2016 to 2018, China's steel composite index showed a fluctuating upward trend. In 2017, the implementation of China's iron and steel capacity reduction task was accelerated, and the scheduled target of 50 million tons was completed and the task of banning 100 million tons of "strip steel" was banned in accordance with the law.

    The steel industry has benefited from the reduction of production capacity, the market order has been further standardized, and the production enthusiasm of compliant enterprises has been significantly improved. Since 2018, the steel ** has shown a fluctuating upward trend, and in the fourth quarter of 2018, affected by the decline in macroeconomic growth, the steel composite ** index has declined.

    In 2020, the trend of the steel market was affected by the epidemic, and it was even more important, at the beginning of the year, the steel was precipitous, and the third and fourth quarters ushered in a large margin, constantly refreshing the highs in recent years. As of December 31, 2020, the steel composite ** index was:

    Steel market prospects

    In the future, the main line of development of the iron and steel industry will be clear, with the implementation of supply-side reform as the main direction, adhering to structural adjustment, adhering to innovation-driven, adhering to green development, and accelerating the realization of adjustment and upgrading. Specifically, it is manifested in: compressing production capacity, improving industrial concentration, de-capacity and deleveraging, improving labor productivity, promoting green manufacturing and intelligent manufacturing, and vigorously developing the application of steel structures.

    On the whole, the external environment for the operation of China's iron and steel industry has not improved significantly. From an international point of view, the world economy is showing a weak and uneven development trend; From the perspective of the domestic environment, China's economic development has entered a transition period, the iron and steel industry is facing new changes, and the whole industry is facing a series of new contradictions and difficulties in operation.

    Based on the above analysis, the demand for steel in the whole society is still in the rising stage, and the development of the steel industry is still facing historical opportunities, but also facing many risks and uncertain factors, requiring the steel industry to seize the opportunity and actively respond in order to achieve the best results. It is expected that in 2021, China's steel demand will still have growth potential, steel exports will continue to rebound, and China's steel will maintain a high and wide trend.

  7. Anonymous users2024-01-31

    Summary. Iron and steel enterprises to improve the level of steel prices is nothing more than from the cost side and the demand side, these two aspects determine the important factors of the trend of steel.

    Iron and steel enterprises to improve the level of steel prices is nothing more than from the cost side and the demand side, these two aspects determine the important factors of the trend of steel.

    At present, the market demand for steel is still strong, but under the expectation of capacity replacement and environmental protection production restrictions, steel should continue to be stable for a period of time, and there will be no large upward and late rise in the pre-banquet period.

  8. Anonymous users2024-01-30

    **The most important influencing factors are two major points: first, demand is gradually recovering, and small and medium-sized businesses do not stock up during the Spring Festival, resulting in a concentrated release of demand and centralized procurement in the short term; Second, in order to ensure that the air quality in North China met the standard in late March, the Ministry of Environmental Protection adopted stricter environmental inspections, resulting in some steel companies limiting or even suspending production. The first influencing factor is the author in the pre-holiday anticipation, this winter inventory of small and medium-sized businessmen is very few, the goods are basically concentrated in the hands of large steel mills and small and medium-sized steel mills, small steel mills due to sales difficulties, this winter production reduction or even shutdown phenomenon is more common, so that the market this year after the holiday spot inventory pressure is not large, the middle of the reversing business, send the terminal of the business due to the lack of goods in the hand, in the construction site, after the start of the project, began to purchase from a first-class business, steel mill procurement gradually driven by the first-class business, in the first After showing the first signs, an atmosphere of grabbing goods was formed, which gradually accelerated the speed of the first place.

    The impact of the second influencing factor slightly exceeded the author's expectations, but I didn't expect the impact to be so big. There is an expectation that the new environmental protection law will be implemented in the market, but the State Council's tough statement on pollution control at the two sessions is beyond market expectations, especially in late March, because the International Olympic Bidding Committee will come to Beijing and Zhangjiakou to inspect the preparations for the 2022 Winter Olympics, the environmental protection department will strictly inspect at this node, stationed in Chengde, Zhangjiakou, Tangshan and other major areas to check the sewage discharge of steel mills, which directly ignited the sentiment of the market, resulting in a continuous sharp increase in steel prices across the country, especially in North China.

  9. Anonymous users2024-01-29

    Many people are actually wondering about a question, whether Australia can use iron ore to sanction China, this question, after today's steel ****, is it more concerned by many people, so is this really the case? In fact, it's not that simple.

  10. Anonymous users2024-01-28

    Industry insiders believe that there are four main reasons for the rise in steel prices: the mismatch of resource supply around the world has promoted the raw materials; The demand side of steel is relatively stable, maintaining the stability of the basic plate of steel; The prosperity of the manufacturing industry is relatively high, boosting the marginal demand for steel; This year, the country has put forward relevant policies to reduce production, and the market expects that the supply of steel will shrink to a certain extent under the promotion of policies. The volume and price of steel products have risen, which has also driven the heat of the steel trade market, and the orders of some steel trade companies have doubled, and the transaction throughput of the steel trade market has even reached a record high.

    There are several main factors affecting stainless steel: one is the raw material, and the other is the influence of national regulation; Third, institutions take advantage of the situation to speculate. Fourth, the increase in demand.

    This year's stainless steel **** I personally think that the main thing is regulation and speculation, in addition to this year's sharp increase in export demand caused by resource constraints.

    Questions. Pls when will it be lowered.

    There is no way to know this at this time.

    As mentioned earlier, there are many reasons for the impact.

    This can only focus on market changes.

    If you think I'm satisfied, please give me a thumbs up, thank you very much!!

  11. Anonymous users2024-01-27

    Summary. Hello dear, glad to answer for you, <>

    Steel **latest**trend answer today's building materials** strong operation, range 20-80, last night the Federal Reserve announced a 75 basis point interest rate hike, in line with market expectations, market sentiment has improved. From the perspective of **, the blast furnace plant has increased its production cuts, but whether the strong expectation can drive the actual demand to bring steel prices ** still needs time to test, in the **higher ** and interest rate hikes in line with the expected background, it is expected that in the short term or phase**;

    The latest trend of steel.

    Hello dear, glad to answer for you, <>

    Steel **latest**trend answer today's building materials** strong operation, range 20-80, last night the Federal Reserve announced a 75 basis point interest rate hike, in line with market expectations, market sentiment has improved. From the perspective of **, the blast furnace plant has increased its production cuts, but whether the strong expectation can drive the actual demand to bring steel prices ** still needs time to test, in the **higher ** and interest rate hikes in line with the expected background, it is expected that in the short term or phase**;

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