Logistics business activity slowed down in January, but continued to stabilize since the fourth quarter of last year. Among them, the e-commerce logistics business grew rapidly, and the air logistics rose steadily. The prosperity index of China's logistics industry in January was 527%, down 08 percentage points. Judging from the continuous changes in relevant indicators, the pre-holiday growth momentum has slowed down.
Approaching the Spring Festival holiday, the downstream outdoor terminal demand has entered the freezing point, the steel spot has continued to weaken, coupled with the rain and snow in many places, logistics and transportation have been blocked, and the logistics company has a holiday, while the market transaction is sluggish.
Statistics show that the inventory of imported iron ore in 45 ports in the country is 12,946220,000 tons, an increase of 183 from the previous month820,000 tons; The average daily port evacuation volume is 304600,000 tons down 3150,000 tons; The total inventory of imported iron ore in 47 ports is 13,496220,000 tons, an increase of 163 from the previous month820,000 tons, with an average daily port volume of 320600,000 tons, an increase of 0650,000 tons.
With the peak of foreign ore shipments leading to the continuous increase in the arrival of iron ore at the port, the pressure on iron ore inventory has increased, and at the same time, the winter storage and replenishment of iron ore of steel enterprises has come to an end.
The blast furnace operating rate of 247 steel mills was 7652%, a decrease of 030%, a year-on-year decrease of 089%；The profitability of steel mills is 2597%, a decrease of 044%, a year-on-year decrease of 823%。The average operating rate of 87 independent electric arc furnace steel mills in the country is 4085%, a decrease of 2338 percentage points, an increase of 33 percent year-on-year19 percentage points.
At present, the spot of iron ore and bifocal remains relatively high, while the spot is continuous, the profit margin of steel enterprises has fallen, the production enthusiasm of steel enterprises has declined, and some steel enterprises have stopped production and maintenance, and the pressure on steel output has slowed down, which is good for the trend of steel products.
In the 24 markets of building materials, the average price of rebar 20mmHRB400E this week was 3998 yuan, down 15 yuan tons from the average price last week;
Hot coil 24 markets, 475 hot-rolled coils this week average ** 4082 yuan ton, down 26 yuan ton from last week's average price;
In the 21 markets of medium and heavy plates, the average price of Q235B this week was 4144 yuan, down 9 yuan tons from the average price last week.
On the night of the 2nd, the main force of black rebar rose 17 to close at 3853, an increase of 044%；The main force of hot coil rose 13 to close at 3988, an increase of 033%；The main force of coking coal rose 95, closed at 1719, up 056%；The main force of coke rose 45, closed at 23415. An increase of 019%；Iron ore fell 1 to close at 948, down 011%。This week, the black series remained stable and weak, the thread closed at 3825 yuan, down 148, the hot coil closed at 3967 yuan, down 135, and the coke closed at 2328 yuan, down 1315, iron ore closed at 941 yuan, down 485。
The number of non-farm payrolls in the United States in January is almost twice stronger than market expectations, the problem of economic inflation still exists, the Federal Reserve is expected to delay interest rate cuts, the dollar index rebounds, and the entire commodity **, and the domestic macro policy is in a vacuum period, the market business's expectations for the policy have fallen, and the steel trading logic has turned to supply and demand fundamentals, but the cost support of iron ore and bifocal is still there, and the steel mills are affected by the contraction of profits, the shutdown and maintenance have increased, the output has continued to decline, and the factory ** has maintained a high level, while the market merchants have been closed for holidays. The market has a price and no market, and it is expected that next week the steel will be the main stable individual exploration repair operation, with a range of 10-20 yuan tons.