First, the steel spot and *** summary
On January 9, the decline in the domestic steel market narrowed, and the ex-factory price of Tangshan billet remained stable at 3,630 yuan ton. Steel futures continued to decline, downstream demand was sluggish, and the overall transaction declined.
On January 9th, the black series **all**. The price of the main contract of the snail is 3943, which is 0 from the previous trading dayAt 45%, DIF crosses DEA downward, and the RSI three-line indicator is located at 33-45, running towards the lower band of the Bollinger Band.
On January 9, 9 steel mills lowered the ex-factory price of construction steel by 20-30 yuan.
Second, the variety of steel daily
Rebar:On January 9, the average price of 20mm** seismic rebar in 31 major cities across the country was 4,055 yuan ton, 8 yuan ton compared with the previous trading day. Specifically, on the 8th, the night of the snail adjustment, this morning in major domestic cities construction steel ** overall weak and stable, individual continued to be weak. In terms of transactions, the feedback from merchants in the morning was affected by the snails, the market wait-and-see situation increased, the demand was sluggish, the inquiry was scarce, and the shipment was not smooth. In the short term, the accumulation rate of rebar has slowed down, coupled with the continuous reduction of the first end, the accumulation of supply and demand contradictions is limited, and the downward pressure is insufficient. There is still an expectation of replenishment at the superimposed raw material end, and the cost forms a certain support for steel pricesTherefore, it is expected that on the 10th, domestic construction steel will continue to run in a narrow range
Hot rolled coil:On January 9, 24 major cities in the country 4The average price of 75mm hot-rolled coil was 4090 yuan ton, 5 yuan ton compared with the previous trading day. Black commodities *** down, the spot market in the morning **slightly**, the transaction is average, the afternoon disk continues**, the transaction is poor. On the whole, the recent rise in raw materials has been suspended, the support of finished products has weakened, the spot has been slightly stable, and the willingness of merchants to raise prices is strong. However, the actual demand is still poor, and terminal procurement is still dominated by on-demand procurement. Overall, in the case of high costs,In the near future, hot-rolled coils may continue to maintain a high level
Cold rolled coils:On January 9, the national cold-rolled coil spot was running weakly, with a national average price of 4,760 yuan ton, 3 yuan ton compared with the previous trading day. **Hot coil decline continues, the market trading atmosphere is more deserted, most markets are temporarily stable**, but increase preferential efforts, and the terminal demand is not ideal, and the transaction has not improved significantly after the price reduction. According to South China's leading businessmen, the recent market transactions are shrinking, some downstream holidays this week, orders shrink significantly, and with the arrival of market resources in Hong Kong, the market outlook has increased slightly, downstream customers are pessimistic about the market outlook, and the short-term has not shown the willingness to store in winter, so the current market operation is mainly based on price reductions. In summary,It is expected that the national cold-rolled coil market will continue to operate weakly on the 10th.
Plate:On January 9, the average price of 20mm plain board in 24 major cities across the country was 4,120 yuan ton, 4 yuan ton compared with the previous trading day. **The market is weak**, the market is sluggish, and the overall transaction is not good. According to market feedback, macro expectations and cost support have gradually weakened, the off-season characteristics are more obvious, the pattern of weak fundamentals has not changed, and the market is concerned about winter storage and northward timber, and the wait-and-see mood is strong. The first round of coke reduction has been fully implemented, and at present, steel mills and business players are in the game stage, superimposed on the weakness, and the terminal replenishment action is still low. **The end steel mills maintain unsaturated production, the downstream procurement efforts on the demand side are not strong, and some markets continue to be out of stock, supporting the price of the plate to a certain extent, and the willingness to raise the price still exists. All in all,It is expected that on the 10th, the domestic plate will be narrow
3. Raw fuel per day
Iron ore:On January 9, the mainstream varieties of iron ore imported from Shandong port were stable compared with yesterday. **Merchants** enthusiasm is acceptable, there are few spot transactions, and the varieties are mainly PB powder and card powder;The market sentiment in the far month is acceptable, and there are a small number of transactions in PB powder at the end of JanuaryIn terms of buying, steel mills in the region mainly replenish the warehouse on demand, and the inquiry is more cautious. At present, the mainstream of PB powder is 1040-1043;The main stream of card powder is 1140-1145;The mainstream of Mack powder is 1025-1030;PB block mainstream at 1180-1185.
Coke:On January 9, the market is running weakly, Hebei individual steel mills proposed the second round of price cuts for coke procurement, and the mainstream coking steel enterprises have not yet responded, with the full landing of the first round of coke price reductions last week, the profits of coke enterprises have shrunk again, the pace of coking coal procurement has slowed down, the market has low resource acceptance, the coke enterprises in the production area have started to stabilize temporarily, and there is still pressure on shipmentsUnder the pressure of losses in downstream steel mills, blast furnace maintenance continues to cause the output of molten iron to continue to decline, and the coke inventory in most steel mills can still maintain on-demand procurement, and the marginal improvement of coke supply and demand has continued to seek profits from upstream this week.
Scrap:On January 9, the market was slightly lowered, the scrap of mainstream steel mills remained stable, and some steel mills were reduced by 20-30 yuan tons. The average price of scrap steel in 45 major markets across the country was 2,634 yuan, down 5 yuan tons from the previous trading day. Specifically, the snail disk continued to decline, resulting in a gradual rise in market bearishness, the market began to ship on a large scale, some steel mills appeared to press cars and ships, mainstream steel mills maintained a temporary stable receipt, and small and medium-sized steel mills made slight adjustments according to their own inventories. At present, the base continues to ship, and the inventory of some sites has bottomed outIt is expected that the short-term scrap** may be stable to weak operation
Fourth, the steel market
Recently, the performance of raw fuel** is weak, and steel mills are more cautious in procurement, and most of them have a wait-and-see attitude. The trading volume of the steel market in the off-season is flat, and the willingness of merchants to store in winter is not strong, and the operation is mainly based on price reduction. In the short term, the supply and demand of the steel market are weak, the cost support is slightly loosened, and the steel price may be weak and narrow.