Compare the China steel and World Steel Situation

Data Shows that machinery industry will increase the amount of steel in China, along with China's economic recovery, China Steel industry will meet new chances. As we all known that the steel prices is able to be changed based on the different situation all over the world. According the July’s date, we can make a detail analytics about China steel market.

We know that in mid-August, Baosteel, Wuhan Iron and Steel and other steel mills raise September ex-factory price, August 20, Angang also will increase. Subsequently, Sha Steel, John Steel, transit, etc. is also full price, price increase of 30 yuan / ton. Steel price increases, indicating that orders started to improve, post-basic needs can be expected.

Perhaps because the reasons for the steel price increases, perhaps because of the post-market is very promising, steel trading business stocking also particularly active. According to statistics, last week's total inventory of steel community down 0.3 percent to 14.79 million tons, 6.207 million tons threaded stock fell 0.4% the previous week, down 1.5%; wire 1,379,000 tons increased 1.0% in the previous week, down 6.5%; rolled 4115000 t drop 1.3 percent, down 0.1 percent the previous week; cold 1,608,000 tons increased by 0.2%, down 1.8 percent the previous week; plate 1,481,000 tons increased by 1.3%, increasing 0.8% the previous week. Last week, the total amount of steel stocks fell significantly narrowed, which surprised us, which shows in order to prepare gold nine, steel trade has started stocking mode again.

Of course, there are some hot steel product, like angle iron, square tube, steel coil, H beam, ERW pipe, etc, their prices has a certain improvement. Sometimes, it is so key for us to get enough information about steel state in the world, which will help us make a wise decision, if you greatly need some steel, in my opinions, you can check the famous website-----SteelFromChina, which can provide you all kinds of latest steel news.

International Iron and Steel Association statistics show that in July 2013, the world's 64 major steel-producing countries and regions in crude steel production was 132 million tons, an increase of 2.7%, compared with 2011 growth of 3.9%.

July 27 EU crude steel production was 13.41 million tons, down 6% compared to 2011 decreased by 10.5%; CIS crude steel production was 9.15 million tons, down 0.2%, down 1.4% compared with 2011; North American crude steel production was 10.02 million tons, an increase of 0.1%, down 0.8% compared with 2011; South American crude steel production was 403 million tons, an increase of 2.7% compared to 2011 decreased by 5.5%; Asian crude steel production was 89.09 million tons, up an increase of 4.9%, compared with 2011 growth of 8.4%.

Therefore, it is possible for steel industry to get a little effective progress in Prices by the development of world economy. Like the professional steel site----SteelFromChina, which can find the latest steel prices information from China, via comparing the steel prices, we can find some rules about different steel products, like ERW pipe, steel Channel, angle iron, steel pipe, Galvanized steel, etc, Basing on these data, we can choose the best steel suppliers for us.

Some Factors Affecting China Steel Prices

Via the some changes of China steel market, we can find some key factors affecting China steel prices. We all know that it is so important get the latest news about steel prices, if we want to get the most proper steel with best prices, and the following information will tell you some detailed content about some factors affecting China steel prices, to help me make better choice to buy China steel!

One is the leading steel price increases based. With the steel into the callback week, the domestic construction steel factory prices were mixed. Ezion-priced East Sha Steel, transit, as well as on the North China Hebei Steel prices continue to rise in early August 30-80 yuan / ton, close to the market price of the East, North, South part of the steel is slightly reduced prices . In July the overall sharp rise in steel prices, steel price increases and relatively mild steel trading business has a certain profit margins, improved ordering enthusiasm. July and August combined steel export contracts are still relatively full, not much pressure steel contract organizations, firmer confidence in the market outlook.

The second is the raw material prices fell slightly. According to monitoring data show that as of August 2, Tangshan Carbon billet prices for 3080 yuan / ton, down from Friday 30 yuan / ton; Jiangsu Province scrap price is 2460 yuan / ton, five price unchanged; Shanxi coke price of 1100 yuan / ton, unchanged from Friday; Tangshan area 66% tastes dry iron ore price 1060 yuan / ton, down from Friday 10 yuan / ton. At the same time, 62% grade iron ore Platts index for 129.75 U.S. dollars / ton, Zhou chain fell 1.75 U.S. dollars / ton.

The third is the steel stocks have been lower than earlier levels. Data show that as of August 2, the major domestic varieties of steel stocks totaled 15,147,400 tons, weekly chain lighten up rate of 0.83%, while inventories last week, the rate of decline has slowed down significantly, this also with the current hot and rainy, building construction delay the manufacturing sector increased for the summer break. But it is worth noting that, in the context of a new high yield, current inventory levels have been slightly lower than last year's level, indicating that the release of this year's relatively strong overall demand.

Above all, if we want to get the newest information about China steel suppliers and China steel prices, we should collect as much as data, to compare and analytics, and we can make a wiser decision! Certainly, via our survey, we can share the latest China steel prices information on unique site, which is SteelFromChina, it has been running steel exported business for 5 years, and has got lots of honest customers all over the world. For SteelFromChina, all kinds of steel can be provided, like Galvanized Steel Coil, Galvanized Steel, steel section, steel tube, rectangular tube, seamless pipe, square tube, circular tube, angle iron, flat bar, H beam, etc. Of course, the quality of steel can be guaranteed! 

Chinese Steel Prices

Recently, the National Bureau of Statistics released the first half of the main indicators of economic data show that the first quarter GDP growth of 7.7% in the second quarter GDP growth of 7.5% in the first half growth rate of 7.6%. After the data release, triggering a stock market sharply higher, China steel prices have been rising trend, thus boosting the steel market activity. Construction steel, hot-rolled coil, cold rolled coil, plate and other steel prices rise.

June economic data has basically been out over, from a series of economic data, is still dominated by weak economic data is a period of time to the response of China's economic trends, weakening the data directly demonstrate China's economic growth is still slowing, while the downstream industry if it continues to weaken, then the demand for steel will also be difficult to release January-June of fixed asset investment continued to decline, with the lowest growth rate unchanged in 10 years, which indicates that China's economy has been facing greater pressure , and 7-8 months, the steel industry or always return season.

1-6 months of new projects with the previous month, thus, showing little change in the downstream industry this month, mainly with local remained "no stimulus" policies, although on June whether manufacturing or automotive industries, data have come down, but the outdoor new projects to maintain balance, which for the steel city, it has been regarded as a positive. However, the total investment of decline, it may affect the progress of these projects, the demand for steel has certain constraints.

For the steel industry, in June economic data remains weak, whether fixed asset investment, or GDP or export data, the trend has continued to decline, facing downstream industry downturn, it seems that China's steel industry is too optimistic. Because the latest data show that in June China's crude steel output of 64.66 million tons, an increase of 4.6%; monthly average daily crude steel production was 2.155 million tons, a decline of 0.3%, the fourth consecutive monthly decline, but still historically high. January-June total crude steel production was 389.87 million tons, an increase of 7.4% in the first half average daily crude steel production was 2.154 million tons, this level estimates annual crude steel production is expected to reach 786 million tons. Regardless of how the downstream industry, China's steel production will have a higher than normal interest, which is still weak economic data is concerned, it is not optimistic.

In general, the Chinese Steel prices can be easily affected by demotic policy, according to the latest date shows, China steel prices will get some rising in the next month. Like Galvanized steel, steel coil, angle iron, steel pipe, seamless pipe, etc, certainly, for square tube, because of the demand of market is bigger, its requirement is much bigger. 

Compare trends of Thailand Steel with China Steel

Via the current state of China steel, it can show, over the past 2-3 years, compared with the world market, Thailand's steel industry seems to render the situation contrarian growth, mainly due to domestic factors gained support, such as private and public construction projects to increase growth and Apartment Property. In addition, the use of steel as the main raw material industry good momentum of growth also provided some support, such as automobiles and parts industry.

First half of 2013, including domestic consumption and export growth, including the Thai steel industry situation is good, in the first four months of data show that steel consumption reached 6.53 million tons, an increase of 22.6% over the same period in 2012, growth accelerated to 9.0% , mainly due to the beginning of this year due to automobile manufacturing steel consumption increased significantly over last year and growing fast. Steel exports but also to achieve growth in 2013 January-April exports of steel and steel products valued at 81.496 billion baht, an increase of 3.4% from the same period last year accelerated to 61.9%.

For the second half of this year, domestic steel demand is mainly gained increasing support construction projects, especially in low-rise and high-rise residential real estate construction and government infrastructure projects. At the same time, pulling power from the car industry or weaken over the first half, the first car under the scheme due to non-delivery of the new car has been delivered to be completed. Dragged down by the automotive industry factors, steel consumption is likely to decline in the second half of this year, because in 2012 the first car in the second half of the automotive industry plan to stimulate the formation of high base effect. However, the research center is expected in 2013 KAITAI annual steel consumption in Thailand up to 1724-1786 tons, an increase of 3.75% -7.50%, compared with 12.2% in 2012, growth slowed.

In Thailand exports of steel and steel products, rest of the year from Australia to Thailand to cancel anti-dumping measures for steel products to get additional support, coupled with development projects in ASEAN countries, especially the construction of infrastructure increases, will lead Thailand to the above two an increase in the market value of steel exports. As the overall trading partner of Thailand's construction industry is in a growth phase, Kai Tai Research Center, believes the situation is Thailand's exports of iron and steel products to increase the value of the opportunity, the annual export value is expected to reach 2,505-2,660 billion baht, an increase of referrals at 13% -20%, although slower than last year's 43.6 percent, but still high growth.

There are some special steel products which have different prices between Thailand and China, however, as usual, like galvanized steel, galvalume steel, steel pipe, steel sections, square tube, rectangular tube, circular tube, etc, has a little more proper prices, therefore, you can choose them according to your requirement.

The reasons of instability of steel prices

According to a recent market, the domestic steel market seems to have stabilized obvious signs of stabilization, the futures market has significantly improved, and the main reason is the estimated manufacturing PMI rebounded slightly, since the market bottomed steel plate two days phenomenon particularly evident. But even so, the downstream demand procurement still showed no obvious change, supply and demand pressures did not alleviate the Steel City, Steel City twist condition is not strong, so businesses are not optimistic attitude.

Steel market has been the downstream demand is flat light, season so, not to mention soon to enter the off-season. So, steel prices have been weaker, until recent date steel higher price very obvious mainstream city, the surrounding cities to follow suit to pull up, the market volume have rebounded, but this is only short-term stimulus act, end demand does not appear substantially upgraded .

In addition there was no substantial change for the better demand than the supply pressure, the Steel City is also no signs of improvement. Steel production enthusiasm is still high, from mid-May crude steel production statistics, the national average daily production of 2,185,400 tons of crude steel, the chain fell 0.35 percent in early May, but still living in historic times high. The May PMI index also showed iron steel industry production index for the month was 49.0 percent, up 4.1 percentage points rise. New orders index rebounded, which makes steel production activities are very active.

In addition, there is a very important factor, that is, raw materials market continued to decline. It is understood that this year, the iron ore market has been in a downward trend, steel procurement initiative suffered a heavy blow, there are also many mills intent to purchase select the sidelines, a further blow to market confidence. Platts index, the S & P futures rose 0.75 yesterday, is now 62% of Australian fine exponent $ 116.75 / ton. Tender price surge in imported ore mines significantly boost market confidence, so long since considered the iron ore market finally has a slight color, the market is bullish atmosphere is also strong, but now the price is still at a relatively low level, while the cost respects with the trend of steel prices have great relevance, raw material prices go up, which seriously hampered the cost steel prices upward, so as long as the market is still so raw materials decline, and that business confidence in the latter part of the Steel City will be significantly inadequate.

Generally speaking, the steel prices is affected by several different factors, as long as analytic the demand of all kinds of demand, we can make the wise decision about the future steel prices trend. In order to get latest prices of steel, like angle iron, hot rolled coil, galvanized steel, steel plate, H Beam, steel sheet, it is necessary for us to make a deep survey in China steel market.

Latest China of steel prices trend

May the domestic construction steel prices market shocks, slightly down trend, domestic building materials prices rose and then fell, although some businesses eager to pull up, but the actual volume does not follow suit, there is no significant change in the overall market price. Due to the recent arrival of small local markets, the declining trend in the overall stock market. From key markets in Beijing, Shanghai and other places to price movements, basically are in a slight concussion running in the market, no significant increase in purchases in the case, the market is difficult to have better opportunities.

From the overall market trend, the domestic construction steel market in May than in April a slight decline. As of May 27, the domestic 25mm rebar price in 3555 yuan / ton, late last month down 56 yuan / ton; including Beijing 25mm price of 3520 yuan / ton, late last month fell 10 yuan / ton; Shanghai 18 - 25mm price of 3380 yuan / ton, late last month fell 100 yuan / ton; Guangzhou 18-25mm price of 3670 yuan / ton, late last month rose 20 yuan / ton; domestic 6.5mm high speed wire price in 3608 yuan / ton, late last month fell 37 yuan / ton, Beijing 6.5mm high speed wire prices in 3540 yuan / ton, unchanged from last month, Shanghai 6.5mm high speed wire price is 3390 yuan / ton, late last month fell 30 yuan / ton, Guangzhou price 3700 yuan / ton, late last month fell 10 yuan / ton.

According to the China Iron and Steel Industry Association, the latest data show that its member companies in early May crude steel output to 1.748 million tons, an increase of 2.71% mid-chain, the national estimate is 2,192,900 tons, an increase of 3.02% mid-chain. National crude steel output hit a late degrees with high caliber and less Bureau of Statistics announced in April the national crude steel output (2.188 million tons) high 05,000 tons, or 0.23 percent. In early May the national crude steel output rose a new direction since the second quarter of blast furnace production gradually into a relationship on track, but also with steel mills to increase production costs for the dilution of efforts related. In the absence of significant positive macro-policy side and demand-side effects of the rainy season by Southern backdrop, the high crude steel output will continue to put pressure on the market.

With the advent of June, most of the country all will enter the hot and rainy season, outdoor construction progress of the project will be greatly hindered, the steel city will officially usher in the season, coupled with the originally scheduled to be held in March about working conference on cities and towns because the reasons for planning a push again, the terminal needs significant volume expectations are not high, the market mentality and many more cautious bearish based, and although the national building social stock consecutive ten weeks continued to decline, but still compared to the same requirements relatively high, it is expected that the market "to the inventory, lower risk," will remain a major operation, building materials prices will continue to run in the bottom of the stage.

In summary, due to the recent bad policy side still prevail, and the market supply and demand is still there, the cost of late also continue to support efforts to weaken possible, coupled with volatile international economic situation, the risk of financial market volatility is still large , is expected in June domestic construction steel market prices will remain within a narrow range downward trend run, like Galvanized steel, galvalume steel, ERW Pipe, Galvanized angle iron, Prepainted Steel, etc, will keep stable stake.

China Steel Market in Summer

Years later date, the decline in steel prices and off, add up close to a few months, the traditional peak season is not a surprise to the steel trading business, let alone immediately into the steel off-season, but also expect steel prices to have much pick up? According to the monitoring, as of the closing of the 19th, Beijing markets River steel two big spiral price of 3530 yuan / ton, unchanged from the previous day; Shanghai market Zhongtian two big spiral of 3490-3530 yuan / ton, compared with the previous was unchanged; Guangzhou market GISE, two big spiral 3630 yuan / ton, unchanged from the previous day. Shanghai market hot rolled closing price of 3530-3560 yuan / ton, unchanged from the previous day; the Tianjin market hot rolled closing price of 3460-3490 yuan / ton, compared with the previous day maintenance of stability; music hot rolled coil from the market closing price of 3610 - 3620 yuan / ton, compared with the previous day's low reduced.

Only a week last week, domestic steel prices fell 1.33% for the biggest weekly decline in two months, the steel futures continue to decline, a high level of crude steel production in the steel market supply and demand contradictions No mitigation background, steel trading business operation is still main dynasties library. According to statistics, the total inventory of steel community last week, down 3.3% to 19.064 million tons, threaded stock down 4.4% from 8.744 million tons, down 2.7% in the previous week; wire down 3.8% from 2.493 million tons, down 2.3% in the previous week; hot-rolled 4724000 ton, down 2.0%, by 0.002% in the previous week; cold-rolled down 0.9% from 1.631 million tons, down 0.1% in the previous week; plate down 3.0% from 1.473 million tons, down 1.3% in the previous week. At present, the intensified financial market volatility, market pessimistic attitude, brokers price to take the goods, it is estimated that the bottom of the market state can only continue.

However, recently about the steel part of the iron ore cargo to take back the market to sell the phenomenon is on the rise, which also increased the expected market indirectly cut steel, the steel industry back to the sale of iron ore, Leaving aside this group goods can not be sold in a timely manner, since the steel mills to sell out, it means that steel mills have decided not to the shipment into production, sold out, will increase the supply pressure of the iron ore market, resulting in mine further decline in price; sell, steel mills will they stagnation in the market, will not be used for production, so the speculation mills took the opportunity to have a willingness to cut is possible, but the amount of the cut would have little, it is difficult to say, it depends how poor steel market outlook is expected.

Although, the steel prices of China is in the lowest level this year, following the rising of economic development, the demand of all kinds of steel will be uplifted, like galvanized steel, ERW pipe, Steel coil, galvalume steel, Flat Bar, galvanized angle iron, etc. I do believe that China Steel enterprises must conquer this difficult age, and accomplish their goal of this year in 2013.

Asian Steel Prices Trends

In China, despite the recent trend of the stock market, rebar futures and forward markets rebounded slightly, but on the spot market, the real impact is not large, slightly better state of mind and sluggish turnover poured cold water pouring cold. Opened this week, is still continuation of last week to run the disadvantaged, each finished China steel prices dropped again. Lumber prices lower reverse towed upstream billet and coke prices to weaken, but also makes the downstream procurement caution is becoming increasingly clear, take the goods market further weakening of short-term weakness will continue.

In India, the steel market remains weak. Indian hot rolled coil market is weak. The local ex-factory price is maintained at of 33750-34250 rupees / tonne ($ 625-635 / t), equivalent to 581-591 U.S. dollars / ton (CFR) plus 7.5% import duty. With the international steel market weakness, import resources to offer continued to fall, Chinese commercial grade hot rolled coil exports to India at 560-570 U.S. dollars / ton (CFR), 5-15 U.S. dollars / ton, down from last week, but the buyer offered $ 550 / ton (CFR). The cold rolling mill and end users is increasing interest on imported resources, but cautious traders and dealers expected prices continue to fall. Due to weak demand, coupled with imports increasing pressure on India this month, the price of hot rolled fear of decline 500-1000 rupees / tonne ($ 9-19 / t).

In Taiwan, the steel market continued to decline. Plate import market decline. 550-560 U.S. dollars / ton (CFR), now China and Ukraine and Resources News India resources offer about 510 U.S. dollars / ton (FOB) compared with the previous two months, a drop of 110 U.S. dollars / ton, buyers bid at $ 540 / ton (CFR) below the acceptable range beyond the steel mills. Given the current market instability, the buyers are willing to take risks under single market waiting to see darker. Expected short-term the Taiwan plate market will continue to be bottoming.

In Southeast Asia, the the rebar market fell. Due to weak demand, coupled with imported billet and scrap drop in price, Southeast Asia rebar prices will decline. Thailand rebar prices 18400-18500 baht / ton (622-626 U.S. dollars / ton, the rationale dollars), more than two weeks ago, a decrease of 500 baht / ton (17 U.S. dollars / ton). Malaysia 10-12mm threaded offer 2380 ringgit / ton ($ 796 / t) to 2310-2370 ringgit / tonne ($ 773-793 / t), 13-32mm threaded offer from 2230 ringgit / ton (746 U.S. dollars / ton) relaxed to the 2210-2230 ringgit / tonne ($ 739-746 / t). With the end of the Malaysian general election, the market expects that the construction of large-scale projects will speed up the process, the terminal demand will rebound, of rebar prices or soon rose. However, the needs of other countries may rebound limited, and after the rainy season in June and July, the terminal needs to slow further, the consolidation coming months rebar market in Southeast Asia is expected to run.

Above all, the prices of steel show the trend of not stability, via the latest marketing survey, we can find that some steel products will uplift according to the demand of steel market, like angle iron, galvanized angle, rectangular tube, square tube, galvalume steel, ERW pipe, etc. So long as focusing on the latest trend of steel news, we will get more chance for steel trade.

The Latest China Steel Information

The last day before the holiday, the nation's major market steel prices unexpectedly comprehensive stabilize run, the market mentality is basically in a peaceful state. According to market monitoring: As of the close, the average price of 25mm rebar 3614 yuan, down 20 yuan from last Friday; 6.5mm high line average 3564 yuan or 16 yuan; 5.5mm hot-rolled average price of 3,710 yuan, down 37 ; 1.0mm cold-rolled average price of 4,807 yuan, down 24 yuan; 20mm plate average price of 3,754 yuan, down 26 yuan.

This week, the domestic stock market fell nearly 3%, steel futures prices fell more than 2%, leading to poor market sentiment. Despite the recent market turnover situation has obviously improved, according to statistics the country's 29 major cities in construction steel, hot-rolled coil, cold rolled coil, plate the total inventory on the decline, but still high inventory levels of all varieties, businesses pressure is still large, strong willingness to return the funds by demand season, pay close attention to the shipping, very price and even pull up the price of power shortage. Short term, although shipments will continue to be maintained at a high level, 51 postganglionic stock will continue to decline, but the premise of the high-yield, for the subsequent arrival of resources concerns, a single from the spot market level, it is difficult to pull prices rebounded significantly. Poor economic conditions, unless the country has a more powerful stimulus policies we mentioned before, Hebei began efforts to cut one-third of steel production capacity policy implementation, the steel market will have a turning point.

This week, the the prices of sheet metal market of domestic continue to slightly lower, especially is the hot rolled steel plate volume Product Price, the of its financial property is the strongest, to follow the steel futures, the trend of the in the long-term electronic disk Price is the more obvious, decline is also of the relatively large. But the all over the, of all varieties sheet metal decline in the prices of compared to with the last few weeks has been distinctly narrowed from the, This with the that have a great relationship on the the heavy volume of of the demand. Week of hot-rolled coil, cold rolled coil, plate stock declined.

Labour Day, the overall level of demand is still expected to continue to enlarge the sales of businesses still remain at a high level. But now higher than the same period last year about 20% of the inventory levels, the formation of a greater pressure on the dealer, so that the price level is difficult to significantly improved. However, if the domestic stock market, steel futures market prices after the holiday can rebound, the stock market there may be some improvement. In a two-day weekend, the domestic stock market, steel futures, electronic trading are not opening, the all varieties spot steel prices have remained stable. But greater impact on of the steel billet Price the trend of the spot price goes low continuously in the weekend two days, the two days of the cumulative decline in reached 40 yuan, As of press, the Tangshan region Carbon 150 billet Price for the 3.16 thousand yuan, reached a the the lowest level in in the this year after the Spring Festival. From the billet market trend during the holiday season, the Festival steel spot market is still not optimistic. The domestic steel market wants to get rid of the dilemma, but also the national macro-stimulus force to appear. There is also a way out is the the domestic steel mills be able to take the initiative to of the. These two from the the the the current signs of point of view, the short-term within the both the difficult to achieve. However, there are a little might be interested in the latter part of the market trend the formation of the policy of the important influence in the we need to focus. Recent media reports, Hebei will be a 1/3 cut in steel production capacity. Mainly is out of to the environmental considerations, the use of the environmental protection means to achieve the abatement of the steel production capacity. In in 2012, the Hebei crude steel production 1.8 billion tons, the average monthly 15 million tons, minus 1/3 is the 5 million t. We need to focus efforts in May this policy implemented and the specific implementation, if you really can have this amount, the market will change, the market price may rise significantly.

About the situation of China steel trade

Major cities of China steel storing decreased by 47 million tons last week: As of last Friday (2013-4-19) the five steel of the major cities across the country (rebar, wire rod, hot rolled coil, cold rolled coils, steel plate) social steel stocks totaled 2084.25 tons, a decrease of 4.7 million tons compared to the same period in the previous week, has increased qoq, Description of steel the destocking has accelerated, especially rebar market turnover improved markedly.

Consistent decline in the domestic construction steel market last week, by the capital market crash, the market mentality was shocking, merchants offer have been lower. In addition, although recently with the weather warming, the downstream site starts increased procurement requirements than in the past, an increase in inventory of construction steel market decline, but demand for the release speed is far less than "to stock" speed "to the inventory the process seems to be rather long, and also restricting the process of the construction steel market thoroughly warmed. According to latest statistics show that China Iron and Steel Association, crude steel output of the key enterprises in early April 1.6973 million tons, an increase of 2.14 million tons, ten-day growth of 1.28%; national forecast crude steel output of 2,123,900 tons, an increase of 5.2 tons, late growth of 2.51%, a new record. The current point of view, on the one hand, a continuation of the high-volume, on the one hand, high inventory status quo, construction steel market substantive improvement in the pace will be slow down significantly.

Monitoring shows that as of April 19, China 10 major cities 25mm rebar average price of 3634 yuan (t price, the same below), down 60 yuan over the previous weekend, down 99 yuan over the same period the previous month. First-tier cities all fell, the decline in the $ 20-110 range, a drop of up to 110 yuan Shanghai, Beijing, Tianjin, Xi'an, Chengdu or 60-90 yuan, other cities fell 20-50. 10 major cities in 25mm rebar average price of 3,595 yuan, 50 yuan, down from last weekend, down 91 yuan over the same period the previous month; Hangzhou, down 110 yuan, down 60-90 yuan Beijing, Chengdu, Shanghai, Guangzhou, Xi'an , Wuhan, Shenyang and other cities down 10-50. China 10 major cities 6.5mm high line average 3580 yuan, than last weekend, down 47 yuan, down 74 yuan over the same period the previous month; Zhengzhou flat, Beijing, Guangzhou, down 80-90 yuan, other cities fell 20-50 million.

Hot rolled coil: monitoring shows that, as of April 19, the average price of 10 major domestic cities 5.5mm hot-rolled coil is 3747 yuan, down 105 yuan over the previous weekend, down 194 yuan over the same period the previous month; Beijing, Shanghai,Hangzhou, Shenyang, Tianjin or 100-150, Zhengzhou, Xi'an, Wuhan, Guangzhou, Chengdu, down 80-90. Inventory, according to statistics, as of April 19, the 29 major cities hot rolled coil inventory reached 4.536 million tons, compared with the same period last week, an increase of 14,600 tons, an increase of 0.32% over the same period the previous month by 3.07% , 1.06% lower than the same period last year. The leading city of the South Shanghai Stock 1.13 million tons last week by 30,000 tons, an increase of 2.73%; Guangzhou inventory of 77.8 million tons, down 0.5 million tons more than last week, a decline of 0.64%. The dominant northern city of Tianjin, the stock market is 529,000 tons, down 0.8 million tons more than last week, a decline of 1.49%; Handan 14.8 million tons, down 04,300 tons, a decline of 2.84%.: monitoring shows that, as of April 19, the average price of 10 major domestic cities 5.5mm hot-rolled coil is 3747 yuan, down 105 yuan over the previous weekend, down 194 yuan over the same period the previous month; Beijing, Shanghai,Hangzhou, Shenyang, Tianjin or 100-150, Zhengzhou, Xi'an, Wuhan, Guangzhou, Chengdu, down 80-90. Inventory, according to statistics, as of April 19, the 29 major cities hot rolled coil inventory reached 4.536 million tons, compared with the same period last week, an increase of 14,600 tons, an increase of 0.32% over the same period the previous month by 3.07% , 1.06% lower than the same period last year. The leading city of the South Shanghai Stock 1.13 million tons last week by 30,000 tons, an increase of 2.73%; Guangzhou inventory of 77.8 million tons, down 0.5 million tons more than last week, a decline of 0.64%. The dominant northern city of Tianjin, the stock market is 529,000 tons, down 0.8 million tons more than last week, a decline of 1.49%; Handan 14.8 million tons, down 04,300 tons, a decline of 2.84%.

China Steel Prices will be trend of rising

Relative to the same period in 2012, the level of steel prices this year as a whole compared to last year were down 200 yuan / ton; peak of the first half of last year, steel demand for the release in late April to May, so it seems that this year should be according tolikely go with the original track; specific point of view, we believe that steel prices this month to usher in a real rebound, you may need to explore from the following aspects.

Enter mid-March, the market reaction turnover improved, but by the author's observation, the downstream buyers become very cautious, multi-demand procurement, rarely concentrated replenishment; description of this stage downstream sectors of the steel market has always held a cautious wait-and-see attitude. In fact, with the nearly two years since the global economic slowdown, the steel industry and downstream industry boom of the obvious fall in the raw materials and other cost control more strictly, the downstream industry is too concerned about the changes in the steel market, further forcing steel post cast more tangled. In this way, the actual demand if there is no real release, depends on expectations has been difficult to easily pry the big changes in the steel city.

From Steel Association released the latest data show that until the end of the end of March, the key steel enterprises internal steel stocks fell about 800000-13700000 t, amounting to ten days for the first time to drop, while at the same time last week, the social stock of steel continuous the third week dropped to 21.62 million tons; inside and outside the steel stocks double down; greater amount of end demand for the release. Ching Ming Festival, this acceleration to the inventory may further increase the high probability event. So for a long period of "price depression" steel market, pull up the grounds, after the festival, sufficient to illustrate this point, the businesses active pull-up will significantly enhance the performance of the market.

From the General Administration of Customs recently latest data show that in March China's steel exports 5.28 million tons, an increase of 4.97%; 1-3 months of total exports of 14.43 million tons of steel, an increase of 18.8%. In March, China imported 1.23 million tons of steel, down 3.15%; 1-3 months of total imports of 3.23 million tons of steel a year-on-year decline of 5.3%. In March, China's imports of iron ore was 64.55 million tons, an increase of 2.67%; imported a total of 186.48 million tons of iron ore in 1-3 months, unchanged from the same period last year. - March, China's steel export volume is the highest since 21 months, the focus is also broke the 500 million tonnes mark.

Generally speaking, China steel prices will have some changes in this month, but the key factors should be decided by the trends of economic. And we can be sure, according to the rising of economic, the demand of steel will rise, like steel plate, steel coil, galvanized steel, and galvanized angle iron will get more demand in the next month.

The Trend of China Steel in April 2013

In view of the above analysis, China steel market can usher in growth, supply and demand in the degree of development remains to be seen. Short term, with the weather gradually gets warmer, the demand for slow release in early April will usher in a wave within a narrow range rebound, but the magnitude will remain limited, and in late still need to pay close attention to the latest trends of the market regulation. New "urbanization" policy, as China's economic growth momentum in the next decade, yet it remains on a conceptual level, only to various rules, the planning and the gradual introduction of the Steel City real good, in addition to all around the island announced details of the five countries bearish steel City, may still lead to early April to pick up market push.

Inventory, with the continuous release of the production capacity of China's iron and steel industry, the history of the highest point of the steel inventories continue to be refreshed, and the stock lowest point is gradually climbing, especially experienced for a long time or later in the macro side early positive superimposed boosted, inventory since 2009, the most visible and lasting rise, as of March 29, according to the statistics: Shanghai rebar inventory of 440,400 tons, an increase of 0.94%, a decrease of 0.3% last week; 485,000 tons Guang zhou MoM decrease of 7.62%, a decrease of 2.05% last week; 937,800 tons Beijing, a decrease of 2.4%, an increase of 1.67 percent last week; wire stock of 66,000 tons, an increase of 0.92% from last week, an increase of 4.64%; 478,000 tons Guang zhou MoM decrease of 11.32%, an increase of 0.56% last week; 92,500 tons Beijing, a decrease of 7.04%, an increase of 1.12% last week.

From sheet plate， as of last week, the domestic steel inventories finally emerged decline, but the plate decline rate has been relatively limited. Hot rolled coil and cold rolled coils inventory reduction of 3.9 million tons and 1.5 million tons respectively over the previous week; inventory of hot rolled coil, Wuxi market reduced by more than 3 million tons, is to reduce the most obvious market. The Tianjin market stocks also fell more than 10 thousand tons; Shanghai and Shenyang market increase of more than 10,000 tons. Little change over the stock market of cold rolled coils. This shows that the downstream industry demand is not great on the plate.

The demand side, while social stock rising demand for the release, but it falls short. Since March, the terminal site gradually return to work, steel demand release, but still significantly limited compared with a high level of inventory, the market destocking willingness markedly effective urgent. Macroeconomic data from February, however, the domestic economy is bottoming out and steady growth trend has not changed, but is still in the running state of sub-health and stable price policy of the central bank and the new "the country five" extremely rules promulgatedunder, the downturn in the steel city, once again increasing the pressure.

Overall, construction steel prices north and south of quite different, North China needs better rebounded pileare offer, the southern region due to continued sluggish demand continues to shock fall; and steel plate, hot-rolled steel market continued to fall, the market traded at its lowest ebb, cold rolled coils stabilize, plate steel steady downward. According to market monitoring: As of closing, 25mm two threaded average price of 3,654 yuan, more than last week, down 32 yuan; 25mm three threaded an average price of 3,703 yuan, down 30 yuan; 6.5mm high line price of 3647 yuan, down 82 yuan ; 5.5mm hot-rolled average price of 3,845 yuan, down 96 yuan; 1.0mm cold-rolled average price of 4,886 yuan, up 2 million; 20mm plate average price of 3,843 yuan, or 24 yuan.

The Report of China Steel Market

Demand for the release of the steel market is slowly picking up, the rate of increase is slowing steel inventories, which led directly to the spot price of construction steel to become stable after crash. According to the latest market report provided by the relevant agencies, the China steel  industry has been the basic pattern of demand and upstream costs squeezed at both ends, there is no change, and some steel mills have recently stepped up the intensity of the overhaul and cut.

According to the monitoring, Shanghai construction steel prices stabilized stabilized. Currently, the two rebar on behalf of Shanghai Zhipin specifications tons price of around 3,640 yuan, week, up 10 yuan; Shanghai quality product the three rebar offer in 3670 yuan per ton, up 10 yuan a week. Steel futures market, according to market participants reflect once quickly soared, led to the outbreak of the spot steel city needs some steel trading business even exaggerated, "limited" operation. But soon the trend of steel back to the shock trend, the spot steel ShangXi the procurement initiative also significantly affected.

Previously, some steel parts dealer tense relationship with the steel mills, attracted the attention of the industry. Current point of view, the new changes in vendor relationships, pricing decisions of the steel mills have a certain impact, steel mills considered more cautious. Anshan Iron and Steel Company has recently introduced a plate prices in April, the ex-factory price of the mainstream varieties such as hot-rolled-steel, cold-rolled-steel and steel coil 100-300 yuan per ton dropped significantly, could mean sheet manufacturers raised prices since last December cycle has been completed. Building steel mills latest pricing, although the direction is not exactly the same, but the "stability" putting the word is a common choice.

Fluctuations in the trend of rising last week, the price of the domestic construction steel market is around the higher prices, some cities rose to one hundred yuan, pull up too fast and then fall, but Wednesday, Thursday, rebar futures prices, electronic high lineprice is continuously rising prices rebound again. Last week over the price of the overall slight rebound, the overall turnover was acceptable in parts of the stock began to digest the signs, and played a supporting role in the price rebound. With the weather warming, the demand continues to pick up, the overall market turnover of the situation will continue to improve in most parts of construction steel inventory next week will be open to the inventory process.

From the last week the overall trend in the steel market, construction steel, hot-rolled coil, galvanized steel coil, plate and other varieties of part of the area offer finished lower. According to the China Iron and Steel spot network statistics show that, as of March 22, the 10 major cities in two Φ25mm rebar price was 3,686 yuan, up 16 yuan over the same period the previous week, 10 major cities Φ6.5mm high line an average price of 3,656 yuan, up 22 yuan over the same period the previous week. 10 major cities 5.5mm hot-rolled coil average price of 3,941 yuan, more than the same period last week $ 44 up. 10 major cities 1.0mm cold rolled coils average price of 4,884 yuan, down 7 yuan than the same period last week, down 78 yuan over the same period last month.

China Steel Prices Trends Analytics

According to the latest market report, in March, more than half of the release of the downstream demand is still "slow" trend of the ups and downs of China steel prices, will directly affect the the spot steel city merchant mentality.In the past week, the major varieties of steel spot prices generally fall varieties weekly decline in more than 1%, which showed a larger hot-rolled steel.

According to the analysis, in the steel sheet market, the price decline has deepened.According to the review of the professionals in the market, the current round of steel price decline continued to the present, the domestic plate prices have fallen for 15 trading days from late February. Baosteel Plate April ex-factory price increase, but the price movements in the spot market are not with the formation of a "synchronization" effect, pessimism spread. This is mainly due to the downstream demand the release of poor, the complexity of the mentality of buyers, the rising steel trading business under constant pressure, shipped arbitrage willingness. Hot rolled coil decline is even more evident, Shanghai, Hangzhou, Jinan price weekly decline in the 100-190 yuan. Upside down and spot market prices due to higher pricing of some of the leading steel mills factory, serious, even if the margin constraint, a loss of serious traders or no choice but to give up to continue the implementation of the procurement plan.

Steel raw material prices also fell overall. According to related reports provided by the relevant agencies, the continued strength of the iron ore market, and finally transferred to the accelerated downside track. Ore in the domestic market in Hebei iron concentrate prices continue to fall, a weekly decline, t price of $ 20, the steel mills purchasing more cautious maintain low inventory strategies, thinly traded market. Imported ore prices fell sharply, 63.5% grade Indian iron ore fines Quote $ 134.5 per ton, down $ 13.75 a week; Platts 62% grade iron ore index of $ 133.75 per ton, down $ 13.25 a week. The Mine City market outlook is expected or downward trend, most of the buyers have fewer choices procurement.

Many factors affecting the iron ore spot market. Bureau of Statistics data show that the first two months of China's average daily crude steel output was 2.1263 million tons, the highest of the highest level for the same period in history, a high level of crude steel production, a huge inventory of steel oversupply further exacerbate the contradictions for more pessimistic steel prices, coupled with the introduction of the property market regulation and control of the five countries ", again stir around the real estate market, and in turn have a negative impact on the steel industry. Beijing International Mining Exchange believes that the downstream industry the continued bearish conduction to the spot price of iron ore, triggered last week's rapid decline. Short term, this downward trend will continue.

Overall, the volatility of the steel market in China is still getting bigger, and now is the national series of policies and implementation of a critical period in the mechanism of state regulation, the China Iron and Steel must carry out reforms in order in the world steel occupy a more favorable market low. Whether it is a large demand for hot-rolled steel and cold-rolled steel, the demand for middle-level galvanized steel, aluminized steel, as well as a triangular steel, etc., and their prices will in a reasonable price range.

Hot Rolled Steel From China

Recent data shows, State five rules promulgated led to relatively large fluctuations in the steel market, traders depressed mood, the market purchases enthusiasm weakened, closing the atmosphere is poor. Construction steel sheet products have appeared slipped sensitive hot rolled steel price decline.

Generally speaking, Domestic major cities Ф25mm three rebar average price of 3849 yuan (t price, the same below), compared to 4 or 6 yuan; the domestic key cities Ф6.5mm high line an average price of 3,718 yuan, compared with $ 4 or 4; domestic prioritiescity ​​5.5mm average price of hot rolled coil is 4013 yuan, down 37 yuan over the 4th; 1.0mm cold plate of the domestic focus of the central city average price of 4,939 yuan, compared with the 4th down 6 million; the domestic key cities 20mm plate average price3953 yuan, compared with 4 or $ 18.

China's GDP growth target this year as well as the increase in CPI of view, stable growth, control inflation is a main tone, means in the context of the loose global liquidity, China's policy-oriented under the premise of stable growth to prevent inflation rise will not sacrifice everything in order to maintain growth. Then for the steel market, in in financial effect amplification push up the price of rising channel, but also consider the needs of the Chinese entity performance, pull the power in the market is affected by the cost factor in the case of rapid increase in inventory, demand starts slow, weak people in the short term, steel prices has yet to reverse the signs of elevation. But the demands of the market holding stability has been strengthened, the steel city today is expected to gradually stabilize.

Factors affecting the domestic construction steel market, mainly the following aspects:

One is the leading steel mills steady mainly. The domestic steel prices shocks down, not many steel mills to adjust to the ex-factory price. Hebei Iron and Steel, Shougang Changzhi guide price of early March raised by 100 yuan / ton, while the East China Shagang rebar prices flat in early March, the whole month of February making it up 100 yuan / ton. Overall, domestic steel prices and market prices generally upside down, but at the cost pressure of circumstances, steel mills offer more to maintain strong price making it up are more limited.

The second is the majority of the raw material prices down. According to the monitoring data show that as of March 1, the Tangshan area carbon billet price of 3250 yuan / ton, down from Friday 50 yuan / ton; Jiangsu Province scrap price of 2900 yuan / ton, unchanged from Friday; Shanxi coke price 1470 yuan / ton, unchanged from Friday; taste dry Tangshan area, 66% iron ore price of 1170 yuan / ton, down from Friday 20 yuan / ton. At the same time, the external disk offer grade 63.5% Indian iron ore fines of $ 152.75 / ton 2.75 U.S. dollars / ton, down from Friday.

Third postganglionic steel stocks continue Masukura. According to the monitoring data show that as of March 1, the major varieties of steel inventory total of 21,583,600 tons, weekly chain Masukura 6.78% inventory increase has slowed compared to the previous two weeks, the downstream demand this week must start signs. Now, the total social stock has the same caliber of year-on-year increase in more than 1 million tons, and has hit a record high level of general annual inventory and more experience Masukura 4-6 weeks and then transferred to the downstream channel, so late The destocking task is arduous.

Of course, China policies will make some affect on China steel market, especially, steel prices will be affected. And according to internal prices of steel, the China steel prices will have a proper level.

The situation of China cold rolled steel in March 2013

In February, in China, the market price of cold rolled coil to the rising main. February 28, China's major cities 1.0mm cold plate an average price of 4952 yuan (t), up 111 yuan from the end of January. Shanghai, Tianjin, Beijing 1.0mm Omo box board market price of 4860 yuan, 5050 yuan and 5100 yuan, or 170 yuan, 100 yuan and 100 yuan. The other second-tier market price or 60-170 yuan.

Cold rolled steel prices rise, there are mainly two reasons; the one hand, a further rise in steel prices cost more sturdy supporting role. Businesses hoard, on the other hand, a very few, limited resources, market liquidity, resulting in fewer cold-rolled steel products, but prices continue to grow. For Spring Festival is expected to once again good psychological fermentation postganglionic the inertial pull up the role, the pace of rising market prices before and after the Spring Festival has never stopped.

Specifically, the following prices up in February, the domestic large steel mills in the mainstream again blew the horn rose. Especially early in the New Year's Baosteel will surprise the first to raise the price policy in March after the holiday, other steel mills raised prices well ahead of preheating. Indeed, after the Chinese New Year, Shougang, Angang Steel new one price policy have to implement, the March cold rolled rises in 200-250 yuan. The Hebei steel of cold rolled steel producers will also follow the trend of price increases policy, the latter part of the cost of supporting a further consolidated. Just has not been started due to the the postganglionic downstream demand, the price after a space up Xuzhang power tends to weak businesses mainly changed to a stable and a wait-and-see, expected real market revitalization in about 3 months late.

On the other hand, during the Spring Festival market resources around the part arrival, but the arrival of relatively limited, only a few cities in the bulk arrival. Moreover, some steel mills busy exports, a decrease in the amount of domestic resources. However, businesses hoard goods, stocking seek and secure the relatively rare a large number Dongchu operations. Therefore, after the Spring Festival, the market resources is small there is a growing, but still at a low overall inventory. The salable few resources, support a certain price. But if the latter continue to add resources, demand start slow price "late spring" may only adjustment will be more limited. Late start gradually, demand and steel prices are expected to return to a rising channel.

According to the previous experience, each year, in March and April, is the the downstream demand gradually start of period. With the weather warming, the downstream procurement will gradually start to recover, and then one after another active this year, the pace of urbanization is a "policy year" downstream producers overall than last year's strong vitality, is a good cold rolled steel market. The overall market is expected to occur in March and April, a "peak", downstream needs to start in early March or significantly slow the true sense of the market recovery is a process, not small adjustments to exclude individual time period.