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 After Chinese New Year

Just the end of the Spring Festival, many steel trading business have started to the new year's work, more and more people are open for business, and steel prices rebound. Overall, however, the prices of finished steel were now significantly rise, including sheet metal products gains stronger than construction steel.

Monitoring shows that, the domestic key cities Ф25mm three rebar average price of 3925 yuan (t price, the same below), up 46 yuan from preganglionic; the domestic key cities Ф6.5mm high line an average price of 3,770 yuan before the holiday up 41yuan; domestic major cities 5.5mm hot rolled coil average price of 4,212 yuan, up 51 ​​yuan from preganglionic; 1.0mm cold plate of the domestic focus of the central city average price of 4,906 yuan, up 49 yuan before the holiday; domestic major cities 20mmthe board average price of 4054 yuan, up 67 yuan higher than before the holiday.

We know, from entering since 2013, many macroeconomic data show that the economy is slowly recovering. January export growth hit a 21 month high, PPI chain liters by the down turn, influenced by the Spring Festival Golden Week, the rapid growth in consumer. The market is generally believed that the economic rebound is expected to enhance the future economic growth will continue to rebound.CPI data, although affected by seasonal factors, the January CPI as expected to fall, but the view from the the Recent market participants forecast the February CPI data, the possibility of warming is still very large.

During the Spring Festival, the businesses in the market outlook is expected to better steel prices increased significantly, while around the arrival and more, so the obvious rise in the stock, recently merchant sales pressure is revealed. Inventory, as of last week, the 35 major markets nationwide rebar inventory was 8.4544 million tons, an increase of 930,800 tons; the wire stock 2,322,300 tons, an increase of 445,700 tons. From national wire rod, rebar, steel coil (hot rolled coil, cold rolled coils), the inventory total view of the plate, etc., a comprehensive national inventory total of 18,117,700 tons, an increase of 1.85 million tons, an increase of 11.37%.

At the same time, the postganglionic all varieties inventory increased in volume.According to the inventory statistics show that, as of February 19, 2013, the social inventory of the nation's major markets five varieties of steel was 18.016 million tons, an increase of 1.851 million tons compared with before the Spring Festival, rising for nine weeks in a row.The downstream construction as well as machining timber procurement earliest have to wait until the Lantern Festival after recovery, the steel market in the short-term need to guard against the risk of a sudden drop in steel prices.

Different Kinds of Steel Products and Steel Prices

It is known that steel is widely used in many different areas, and it contains all kinds of different types. Generally, depending on the cross sectional shape, the steel can be divided into four main categories of profiles, steel sheets, steel tubes, and metal products. Of course, every big category can own several different small categories, and the related steel prices is not the same. Most the processing of steel belongs to pressure processing, which can make steel produce plastic deformation. According to the processing temperature of steel can be divided into two kinds of cold and hot processing.

Steel is an iron-carbon alloy which contains carbon between 0.04%-2.3%. The chemical composition of steel is so different, if the steel can only contain carbon steel known as carbon steel, in the actual production, in order to ensure its toughness and ductility, the carbon content is generally not more than 1.7%. And the main elements of steel except iron and carbon, it contains silicon, manganese, sulfur, phosphorus, etc.

The next, there are some introductions about several normal steel products, including steel plate, steel coil, galvanized steel,  steel pipe, etc.

Steel Plate

Steel plate is with molten steel pouring and pressed flat-shaped steel after cooling. According to different rolling ways, steel plate can be divided into hot-rolled and cold-rolled. Generally, steel plate can used as bridge plate, boiler plate, automobile manufacturing plate, etc. And hot rolled steel plate is a very big application in the industry, which is produced by hot rolling.

Steel Coil

Steel coil, is also known as rolled steel, which is can be produced by steel hot or cold pressing. In order to facilitate storage and transport, steel coil usually can be processed plate or strip, etc. Steel coil is divided into hot rolled coil and cold rolled coil, and the hot rolled coil is processing products which is in the front of the billet recrystallization, and cold rolled is subsequent processing after hot-rolled-coil. In order to enhance the resistance to corrosion of steel, you can use galvanized steel coil.

Steel Pipe

Steel pipe can be divided into two categories, including seamless pipe and welded steel pipe. Usually, seamless pipes are made of high quality carbon steel and use two different ways to produce: hot rolled and cold rolled. Welded steel pipe is rolled into a tubular steel plate on the seam or spiral seam welded. Weld steel pipes can be used for water pipelines, gas pipes, heating pipes, electrical pipes, etc.

Now the trade of steel in the world is wide, generally, I know China steel is a little cheaper comparing to other countries, therefore, more and more countries are cooperating with China steel suppliers. According to our trading experience, SteelFromChina.com is a so website, which can provide whole related information about steel products, like steel sections, steel pipe, steel tube, steel coil, galvanized steel, galvalume steel, erw pipe, etc, and you can find the latest steel prices in the site to help you compare the prices of different suppliers.