11/20/2012

This Year Steel Plate Market Will Get Better


Recently, Baosteel raised the ex-factory price . Including hot rolled steel plate, ordinary cold plate prices up 100 yuan / ton, pickling plate, hot galvanized plate prices by 80 yuan / ton, aluminum zinc plate prices by 120 yuan / ton, non-oriented electrical steel prices by 50 yuan / ton to 150 yuan / ton. Upward, the conventional specifications 1.0mm × 1250mm cold rolled coils (SPCC) listed price of 4356 yuan / ton (excluding tax, the same below), 5.5mm x 1500mm (SS400) table columns of hot rolled coil price 4062 yuan / ton, 3.0mm × 1250mm (SPHC) hot rolled coil listed price of 4312 yuan / ton. This is Baosteel following raised prices in March, the second time this year to the ex-factory price upregulation. Known as Steel City "benchmark," said ex-factory price of Baosteel round up, add a lot of confidence to the steel trading business.

Part of the plate metal traders said Baosteel round up prices in December expected. The overall increase, led by the ex-factory price of Baosteel and other large steel enterprises, the market sheet plate price during the year will continue steadily.

Recently, the steel plate market performance was significantly stronger than the long products, especially the strong market performance of hot-rolled coil. Compared to early September, the national average price of hot-rolled coil has risen to 750 yuan / ton, which price rises in October, November, about 300 yuan / ton. The Baosteel prices up disk appearance, to further promote the spot market price to rise. On November 12, the Shanghai market hot-rolled coil prices continued to rise, up 30 yuan / ton to 90 yuan / ton; cold rolled Hangzhou, Tianjin, Beijing, Guangzhou and other market prices are generally rising.

Steel supply side, this year, the last remaining more than a month into the maintenance period, a lot of steel mills, plate production rhythm slowed down, no significant increase in production. According to the situation of the steel trading business feedback, recently, the small number of steel hot rolled coil market resources, there are a lot of hot rolled coil steel mills for nearly two months did not enter the domestic distribution market, but a large number of for export. The early domestic sheet products exports maintained a high level, coupled with the increase in exports of its deep processing varieties, and to some extent alleviate the pressure on the supply of the domestic market. Nowadays, the hot rolled coil market in Shanghai, Hangzhou and other available resources generally tight, some even serious shortage, businesses offer substantial pull-up. According to the survey, in November, the major domestic steel hot-rolled coil plan to invest the amount of commodities to 800 million tons, cold rolled coil plan to invest the amount of commodities to 16.05 million tons, essentially flat with October. This helps ease the contradiction between supply and demand, and stabilize the market price. In short, the current sheet resources scarce, there is not enough resources to supplement and, in a certain period of time, in the case of rigid demand did not significantly reduce the prices may also continue upward.

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