The price of southwest steel is running smoothly and the transaction is average

Mondo Finance Updated on 2024-01-19

[Market Summary].

Chengdu: Today's black series is running strongly, the mainstream steel mills are stable in the morning, and the mainstream of the market is mainly weak and stable. At present, in the contradiction between supply and demand of strong supply and weak demand, the recent arrival cost of steel mills is at a high level compared with the market. In the later stage, with the gradual digestion of low-price resources in the market, the market has an upward momentum under the support of new arrival costs. Recently, by the impact of low-price resources outside the province, the market I-beam price was pressed to a low level, before the low-price resources were digested, the enthusiasm of the first business to take the goods was low, the market arrival volume was at a low level, and the pressure on the social treasury was not large. On the whole, it is expected that the short-term Chengdu steel ** consolidation.

Chongqing: **Stable operation, the overall transaction is average. The black system is weak, and the mainstream steel mills have lowered it by 10 yuan tons, and the price is mainly high. In terms of the market, the trading sentiment was poor in the afternoon, the downstream demand for goods was poor, and the fundamental situation of oversupply was not improved, and it picked up slightly in the afternoon. At present, the market is polarized, and the market is still dominated by low-cost resource shipments. In the later stage, with the gradual digestion of low-price resources in the market, the market has an upward momentum under the support of new arrival costs. To sum up, it is expected that the short-term Chongqing section steel will be mainly consolidated.

Kunming: Today's **disk** is running strongly, the ex-factory prices of mainstream steel mills are stable, and the market is mainly weak and stable. In terms of market, the Yunnan steel market is in a strong supply and weak demand environment, the most low-lying situation has become the initiator of the north of the southern material, recently a steel mill in the province after 10 days of shutdown and maintenance has resumed production, the pressure on the end will increase. Recently, following the market of the disk market has continued to rise at a low level, the first merchants have shipped goods, the enthusiasm for taking goods is not high, and the social inventory has decreased compared with last week. In terms of downstream, at present, the terminal downstream is still facing the problem of shortage of funds, the project is slow, the enthusiasm for taking goods is average, and the first business feedback shipment maintains a general level. To sum up, it is expected that the short-term Yunnan steel ** consolidation.

Guiyang: Today's **disk** upward, Tangshan Qian'anpu billet resources factory tax report stable, steel mill factory ** slightly loosened, the surrounding related markets are stable, the local market business mentality is more cautious, considering the meager profits of new resources, strong willingness to raise prices, this morning corner groove**, I-beam reported stable. Affected by the lack of funds, there are few new projects in Guiyang, the progress of old projects is slow, and downstream construction enterprises are mainly based on rigid demand procurement, speculative demand is weakened, and transactions are average. In terms of resources, Yunnan steel mills have maintenance, a small amount of shipments to the Guiyang market, the cost of resources in the north is high, sent to the Guiyang region upside down, dealers only make up for the shortage of specifications, and the local social inventory is at a low level. On the whole, at this stage, the social inventory is low, the increase in the later stage is limited, the original low-cost resources are almost non-digestible, the cost of new resources is high, and the spot is supported.

Today**] Southwest section steel ** runs smoothly and the transaction is average.

From the perspective of various regions in the southwest, Sichuan, Chongqing and Yunnan are mainly stable, Guiyang angle steel and channel steel are small, and I-beam is stable.

Regional price difference] Chengdu and Chongqing angle steel price difference unchanged, I-beam price difference unchanged, H-beam price difference unchanged;The price difference between Kunming and Guiyang angle steel narrowed by 40 yuan tons, and the price difference of I-beam remained unchanged.

Tomorrow**] Today**disk** is running strongly, and the southwest spot market is mainly stable. In terms of the market, today's mainstream steel mills are slightly loosened, the early low-price resources are almost non-digestible, the cost of new resources is high, and the dealers are more willing to resist the fall, and the morning is temporarily stable. In terms of mentality, first of all, today's disk first fell and then rose, then fell and then rose, and finally rose, and the situation of the final rise was a "roller coaster" type of fluctuations. Today's rollercoaster fluctuations make it difficult for dealers to form a clear prediction of the market outlook, and then dare not buy rashly, so they can only wait and see for the time being. From the downstream point of view, the current funds in place and the progress are poor, which leads to the slow progress of downstream projects, and the terminal enterprises are mainly based on rigid demand procurement, with less speculative demand, and the overall transaction is average, which is difficult to stimulate and can only maintain stability temporarily. On the whole, due to the increase in costs and the cost support of new arrivals, as well as the strong willingness of dealers to resist the fall and other factors, it is expected that the short-term southwest steel will be narrow, but affected by the sluggish demand, it will continue to lack momentum.

Large point of view] **Shang A: Today's Guiyang I-beam mainstream **4000 yuan ton left and right corner groove 4280-4300 yuan or so The cost of about the ton increases, so it has a strong supportiveness and is expected to run strongly tomorrow.

Related Pages