First, the steel spot and *** summary
On February 23, the ex-factory price of Tangshan Qian'anpu billet was stable at 3,550 yuan including tax in the domestic steel market. In terms of transactions, the vast majority of downstream have not resumed work at present, and the impact of recent rain and snow weather has made the overall market transaction deserted.
On February 23, the main force of the snail **, the price was 3790, down 008%, under the double two-way of DIF and DEA, the RSI three-line indicator is located at 38-42, which runs between the middle and lower rails of the Bollinger band.
On February 23, the ex-factory price of construction steel in 4 steel mills was lowered by 20-30 yuan ton, and 1 steel mill was raised by 30 yuan ton.
Second, the variety of steel daily
Rebar:On February 23, the average price of 20mm** seismic rebar in 31 major cities across the country was 4,018 yuan ton, compared with 4 yuan ton on the previous trading day. In the short term, after the Lantern Festival, downstream construction sites have successively reached the resumption of work nodes, and the demand may increaseTherefore, it is expected that the domestic construction steel market will stop falling and stabilize next week.
Hot rolled coil:On February 23, 24 major cities in the country 4The average price of 75mm hot-rolled coil was 4056 yuan ton, which was stable compared with the previous trading day. The impact of cost support has weakened, the terminal demand has not been significantly started, and the increase in steel is also relatively limited. The resumption of work and production at the terminal is concentrated after the Lantern Festival, and most of the projects have not started at present, and the actual demand has not been significantly started. In the case of weak performance on the demand side, the first increment is also relatively limited, the total inventory is at a low level, and the current contradiction between steel supply and demand is not prominent. Therefore,It is expected that the hot-rolled coil** or ** will go up next week.
Cold rolled coils:On February 23, 24 major cities in the country 1The average price of 0mm cold coil was 4733 yuan ton, 2 yuan ton compared with the previous trading day. According to the feedback of some of the best businessmen in East China, the current market demand has not rebounded significantly, coupled with the impact of cold wave weather, traffic in some cities is restricted, and the cold-rolled market is in a state of "price but no market", and the overall transaction in the day is deserted. In terms of the current commercial inventory pressure, the market demand is weak, and it is difficult for the cold-rolled spot to have active momentum. All in all,It is expected that next week, the national cold-rolled coil spot ** or will be weak and stable operation.
Plate:On February 23, the average price of 20mm plain board in 24 major cities across the country was 4,146 yuan ton, 3 yuan ton compared with the previous trading day. **Business feedback, the overall performance of the market after the holiday is weak, the transaction performance of the whole week is flat, the trend of the futures is weak, and the downstream orders have not yet recovered, and the weekly table needs to perform weakly. In terms of resources, resources have been put into storage after the Spring Festival, steel mill resources continue to be shipped, and the inventory of medium plates is at a high level in the same period this week. On the whole, the market demand needs to be recovered, the resource inventory is abundant, and the cost support still existsIt is expected that the national plate will be strong next week.
3. Raw fuel per day
Iron ore:On February 23, the mainstream varieties of iron ore imported from Shandong port were slightly smaller than the previous working day**2-5. In terms of selling, the enthusiasm of **merchants** is average, and there are fewer spot transactions so far; The trading sentiment in the Shandong far month market is weak, and there is no transaction for the time being; In terms of buying, most of the steel mills in the region maintain the rigid need to replenish the warehouse, and some steel mills have bidding and procurement plans, and there are fewer inquiries. At present, the mainstream of PB powder is 935-940; The main stream of card powder is 1035-1040; The mainstream of super special powder is 820-825; PB block mainstream at 1080. (Unit: Yuan wet ton).
Scrap:On February 23, steel mills, this week, steel mills scrap arrived scarcely, mainly to consume inventory, short-process steel mills are expected to resume work next week, when the demand for scrap steel or will increase, coupled with today's rain and snow weather caused by the obstruction of shipment, short-term scrap steel ** has a certain support, but in the **disk**, finished products** falling, steel mills are not profitable, steel mills production enthusiasm is difficult to improve,It is expected that the scrap market may adjust in a narrow range in the short term.
Coke:On February 23, the coke market was temporarily stable, and the coke inventory of steel mills was high recently, and the inventory of many steel mills was nearly full, with less purchase and low procurement enthusiasm. Raw coal continues to run weakly, the mine end resumes production, the production reduction news does not determine the specific production reduction strength, and the impact on the mine has not yet appeared, and the overall production is relatively loose. At present, the profits of coke enterprises are low, and some enterprises have reported news of production cuts, and most of them are in the wait-and-see stage.
Fourth, the steel market
In the short term, strong expectations and weak reality continue to play, resulting in frequent fluctuations in steel prices. In previous years, after the fifteenth day of the first month, the process of resumption of work at downstream sites will gradually accelerate, and steel inventories will continue to accumulate in the past two weeks, but the inventory growth rate began to slow down this week, and it is expected that demand will accelerate the recovery next week, and the fundamental pressure may gradually reduce. With the recovery of downstream terminal demand, steel mills will also have the power to resume production, which will support the raw fuel.
In short, the current market sentiment is mainly wait-and-see, and steel prices are volatileIn the later period, with the continuous release of the effect of macroeconomic control policies, the recovery of demand will be accelerated, and the inventory pressure will be reduced, so that market confidence can be boosted, and the steel market may still usher in the "Golden Three".