Steel market prices follow futures fluctuations wait-and-see sentiment has increased

Date:2021-03-30Source:ManagerFollow:

Spot price today

Tangshan profile: this type of weak stable operation.There is still support at the cost end, but the demand is slow to follow up and it is the end of the month. Businesses give more profits to operate, the transaction performance is poor, and the short-term price will be stable and weak.

Tangshan board: today's market prices have been going up, the transaction is still acceptable, the disk continues to boost strong, merchants hold the price and reluctant to sell a strong mood, considering the steel mill production market out of stock, it is expected to be strong in the short term

Tangshan tropics: this price uplink.Tang narrow band tired up 50, the overall transaction can be, part of the Nissan clearing.Broadband spot higher than this morning 60 or so, the low downstream replenishing warehouse, bright or strong

Tangshan building materials: Tangshan line screw stability today up.Now the high line with tax price: Anfeng 4950 up 40, the East China Sea with tax price big screw 4930 stable small screw 5030 stable disk screw 5000 down 30;Thread excluding tax: Fu Haixin 4660 Xuanlong 4660 stable.Terminal purchase cautious, the market trading performance is general, billet continued to rise, the cost of the end support steel prices are strong.

Billet price and cost, stock situation

On March 29, Tianjin-Hebei steel enterprises' immediate cost of molten iron excluding tax was 2859, equivalent to about 3683 of billet's cost including tax. Tangshan billet's ex-factory price was 4780, and the profit was about 1097 yuan/ton.The cost of molten iron in stock is estimated to be about 3012 (excluding tax), which is equivalent to the cost of billet including tax of about 3856, and the profit is about 923 yuan/ton.

On March 29, Tangshan billet stock totaled 302,000 tons, 65,800 tons less than last Saturday. Among them, Haiyi Hongren yesterday entered 0.07 and left 1.67 tons, and now 102,400 tons are in stock.Xiangyu Zhengfeng yesterday inbound 0.02 outbound 1.27, now stock 170,600 tons;Product Zhen Xiang yesterday in storage 0.01 out of 0.07, now the inventory of 29,000 tons.

Tangshan steel billet rose 10 yuan to 4780 yuan per ton on April 29.On the market, the downstream normal purchase billet, this straight hair smooth transaction.A period of high concussion, traders mainly to shipment, before noon warehousing spot 4860-4870 yuan including tax transactions.Due to the local steel mill blast furnace production limit of 30%-50%, the market quantity of resources is less, some traders because of the billet quantity is less and buy foreign resources to sell.Taking into consideration the narrow band of downstream finished materials rose 50 yuan at noon, driving the market sentiment, Tangshan billet is expected to stabilize the price of tomorrow.

Summary: the recent finished material prices have been continuing to shock upward, billet inventory and social inventory continued to decline so that steel prices are sufficient, but the downstream generally accepted degree is limited, the high resources to take more cautious, the overall trading atmosphere is general.More scrutiny on environmental protection, in the north part of the steel mills production strength weakening, as local resources consumption in succession, the north has been part of the specification is less goods, merchants have rised psychology, but the downstream demand side can not be ignored, follow the futures market price fluctuations, wait-and-see mood, given the demand for release less than expected may bring the risk of callback, suggest mining sold, fall bags for Ann.