On the 6th, the steel market predicted that the ri

2022-10-15
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On the 6th, the steel market forecast: the rise of billet is slowing down, and the steel price consolidation is the mainstream

yesterday, the average price of 6.5mm high-line was 3719 yuan/ton, up 26 yuan/ton from the previous trading day. The average price of 20mm secondary deformed steel bar was 3757 yuan/ton, up 36 yuan/ton from the previous trading day. The average price of 20mm grade III deformed steel bar was 3874 yuan/ton, up 34 yuan/ton from the previous trading day. The average price of 8 mm medium-sized plate is 4, which can be said to be the key parts of various machinery, electrical appliances, Chinese workers and other products, 146 yuan/ton, up 25 yuan/ton from the previous trading day; The average price of 20mm ordinary medium plate was 3863 yuan/ton, up 29 yuan/ton from the previous trading day; The average price of 20mm low alloy plate was 4048 yuan/ton, up 32 yuan/ton from the previous trading day. The average price of 3.0mm hot coil is 4130 yuan/ton, up 30 yuan/ton from the previous trading day; The average price of 4.75mm hot coil in 24 major markets nationwide was reported at 4035 yuan/ton, up 26 yuan/ton from the previous trading day

as the bullish sentiment of merchants continued to rise, the market quotation continued to rise, but the transaction situation contracted. In contrast, the prices of construction steel and hot-rolled coil have increased significantly and resolutely in recent days, while the pace of price rise of medium and heavy plate is not large. Although there is no influence of the futures market, the ore continues to rise, and there is no need to say more about the strong cost support. However, at least in the year, the insufficient demand support is entirely driven by the ore. In terms of steel mills, the price of Shagang was eagerly awaited yesterday. Due to the latest bid, the increase was the largest among the leading steel mills, which played a certain role in boosting market confidence

in terms of cost, the requirements of Tangshan billet price market on the material performance of brake pads also increased day by day yesterday, falling by 20 yuan/ton. At the opening this morning, the local common carbon 150 billets are 3310 yuan/ton, 165 rectangular billets are 3340 yuan/ton, and low alloy billets are 3430 yuan/ton. The Changli common billets are delivered to 3330 yuan/ton in cash, including tax, and the bare price is about 3200 yuan/ton. Yesterday, Tangshan finished products weakened as a whole, the downstream procurement of billets slowed down, merchants' willingness to ship increased, and market confidence was slightly frustrated. It is expected that the price of steel billets in Tangshan will be weak and consolidated today

According to the news, the national plan for promoting the healthy development of urbanization (year), which is led by the national development and Reform Commission and participated by more than 10 ministries and commissions including the Ministry of finance, the Ministry of land and resources, and the Ministry of housing and urban rural development, will be promulgated before and after the national two sessions this year. The plan will involve the construction of more than 20 urban agglomerations, more than 180 cities above prefecture level and more than 10000 towns across the country, providing development ideas and specific requirements for new urbanization. On December 24 last year, the national development and Reform Commission once again announced the list of approved projects, a total of 21 projects, plus the 73 projects previously announced, the number of major projects approved and announced has reached 94. The acceleration of project approval is a signal to release investment, which indicates that the later stage may usher in a phased investment and construction climax, making the market's expectation of the rebound in steel demand in the later stage stronger

on the whole, due to the lack of futures drive and a slight correction in billet prices, merchants have a strong mentality of maintaining stability. It is expected that today's market quotation will be mainly consolidation, with narrow range confusion, who will replace bromination through micro nano scale 3D printing system flame retardant nbsp; Exterior wall insulation materials are facing new choices and adjustments

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