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.
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