On January 20, the domestic construction steel market prices were weak and stable; leading markets, Beijing, Shanghai, Guangzhou, and Tianjin were weak and stable. According to the monitoring data of the Lange Steel Cloud Business Platform, the average price of Ф6.0mm high-line steel in key domestic cities is 4589 yuan (ton price, the same below), which is a decrease of 10 yuan from the previous trading day; The price was 4,291 yuan, a decrease of 10 yuan from the previous trading day. Leading cities: Beijing high-speed wire (6mm) is 4,920 yuan, unchanged; third-grade rebar (25mm) mainstream specifications are 4090 yuan, the same; Shanghai market high-speed wire is 4380 yuan, down 10; third-level rebar is 4270 yuan, down 10.
Futures fluctuated at low levels; the market opened today, and market prices were generally weak and stable. It is understood that the market price in Beijing today is mainly stable, the overall transaction is weak, the mainstream price of thread is 4,060 yuan, and the total shipment of 10 large companies is 2,700 tons. Prices in Hangzhou declined slightly, with the mainstream price being around 4,310 yuan. The overall transaction was sluggish. Ten sample traders shipped 4,200 tons; today, the mainstream price in the Guangzhou market dropped significantly. The current mainstream prices of first-line resources are: 4550-4580 yuan/ton, and the second-tier mainstream prices are 4510-4550 yuan/ton. The overall feedback from the merchants was unusually light, and the negotiable space for actual transactions increased in the afternoon. Ten sample traders shipped 8,400 tons. Based on the above analysis, it is expected that market conditions may fluctuate and adjust on January 21.
At the opening today, the price of domestic hot coils was slightly lowered. The current 5.5mm hot rolled price in key domestic cities is 4502 yuan, which is 16 yuan lower than yesterday and 34 yuan lower than the same period last week.
In the early trading, the black futures were mainly driven by green shocks, the spot market was cautious, and merchants focused on flexible shipments. The domestic spot market hot coil merchants generally lowered their quotations by about 10-30 yuan. According to feedback from traders, the current terminal demand continues Downturn, traders are not motivated to purchase. Recently, steel mills have successively received goods, and transactions have continued to shrink. In order to reduce the risk of later inventory, merchants still focus on cashing in shipments. Related futures are weak and fluctuating. Merchants are flexible according to their own conditions. The prices of goods and raw materials are operating stably. Steel mills have resistance to price reductions due to high raw materials and high cost pressures. However, there are relatively few market resources arriving, and the short-term cumulative pressure on inventory is not large. In the short term, the room for sharp price drops is limited. Therefore, it is expected In the short term, domestic hot coil prices may consolidate within a narrow range.
Cold-rolled: On January 20, the domestic cold-rolled coil market prices dropped significantly, and the overall transaction was weak. According to the monitoring statistics of Lange Steel's cloud platform, the average domestic price of 1mm cold coil is 5,382 yuan (ton price, the same below), which is a drop of 23 yuan compared with the previous working day. The price of 1.0mm cold-rolled coil in Shanghai is 5510 yuan, the price of 1.0mm cold-rolled coil in Guangzhou is 5130 yuan, and the price of 1.0mm cold-rolled coil in Tianjin is 5150 yuan.
The quotations in the national cold-rolled spot market today dropped significantly, and overall market transactions were weak. It is reported that the North China market is significantly lower than the normal shipment level. The current market transactions are sluggish. Traders say that there are not many inventory resources. In addition, the transportation in the surrounding areas of Hebei is relatively difficult. The market transactions are light and there are successive holidays. The southwestern market is approaching the end of the year, terminal demand is slightly weaker, demand is gradually shrinking, and considering the high ordering costs of merchants, all cut meat shipments and lower warehouses in order to avoid operations such as later accumulation of warehouse risks. The overall transaction in the South China market was tepid. It is reported that near the end of the month, traders mainly rely on the withdrawal of funds from the shipment, which has caused market price confusion. In terms of processing plants, some processing plants have a holiday at the end of January, and market traders basically have a holiday at the beginning of February. Overall, it is expected that the national cold rolled market prices will gradually stabilize on January 21.
Section steel: Today, the price of profiles in Tangshan fell by 20-30 yuan in a narrow range. The prices in the Beijing-Tianjin-Hebei region fell slightly following Tangshan. Market transactions were still deserted. Affected by the epidemic, transportation was blocked and demand reached freezing point. Price rises and falls are for the market. Has little effect. Prices in most parts of the south remained stable, with only Shanghai falling slightly by 10 yuan. The southward movement of North Materials increased sales pressure. Merchant inventories increased compared with the previous period. Most of the operations were mainly loose shipments. Therefore, spot quotations tended to fall but hardly rise. On the supply side: Tangshan Steel Rolling Mill has once again suspended production. Some steel mills have made it clear that they will not produce before the holiday and the finished product inventory is at a low level. In addition, Tianjin Renyi and Zhaobo have suspended production for nearly a month and did not plan to produce before the year; Shandong steel The factory was warned of heavy pollution weather and reduced production by 30%. On the whole, the upstream steel mills are not under great inventory pressure. Although they will gradually accumulate in the later period, they should not be large, and they are within the acceptable range of steel mills. The current cost is still supported. Under the situation of weak supply and demand, it is expected that the domestic profile prices will continue to be stable and weak in the near future, and the room for decline is limited.
Excellent special steel:
High-quality special steel: On January 20, the domestic market price of high-quality special steel fell slightly. According to the monitoring data of the Lange Steel Cloud Business Platform, in key domestic cities, the average price of 45# carbon structure steel 85mm is 4987 yuan, and the average price of 40cr composite steel 85mm is 5183 yuan, which is 7 yuan lower than the average price of the previous trading day.
In terms of market, the price of special steel market dropped slightly today. The mainstream quotations in Jiangsu, Zhejiang and Shanghai were 4850-4950 yuan, down 20 yuan. Due to the recent widening of the north-south spread, the low-priced supply in Shandong has impacted the Jiangsu and Zhejiang markets, which has a certain impact on local resources. Moreover, the current market demand is already relatively weak, and the market price is expected to fall further. The mainstream quotation in Shandong area is around 4450-4900. Steel mills are overhauled, the supply of goods is small, and the market price is relatively low, so the risk of falling is small, and traders can consider appropriate winter storage. Zhengzhou Jiyuan Iron & Steel in the central and southern regions quoted at 5,010 yuan, Shagang at 4,530 yuan, and Guangzhou Shaogang at 4,890 yuan, both stable. Recently, the transaction atmosphere in Guangzhou has been relatively deserted. Downstream terminal companies are expected to suspend work for about two weeks. Some corporate workers have already returned to their hometowns early for the New Year because of fear of the epidemic, so there are not many goods on the market now.
Affected by the epidemic, the steel industry, which has been growing rapidly for three consecutive years, has fallen into a trough, encountering a series of problems such as blocked exports, declining demand, high inventory, and falling prices.
In summary, the market has become clear than year’s ago. Steel mills are generally optimistic about the market environment in the coming year and advocate active replenishment of the market, while traders are relatively cautious because of high market prices. Winter storage at high prices does have certain risks, but under the support of cost, it is expected that there is not much room for market prices to fall in the coming year. Therefore, it is expected that the domestic premium special steel market will continue to operate weakly and steadily tomorrow.
On January 20, domestic prices of welded pipes and galvanized pipes stabilized temporarily. According to the monitoring data of the Lange Steel Cloud Business Platform, the average price of 4-inch (3.75mm) welded pipes in major domestic cities is 4,691 yuan, and the average price of 4-inch (3.75mm) galvanized pipes is 5340 yuan. The price was flat on a trading day.
Today, the ex-factory prices of domestic mainstream pipe factories are generally stable. Hebei Pipe Factory will have a holiday on February 1-5 or early February. Some production lines have already begun to stop production. Now the ex-factory price of Tangshan welded pipe is 4240-4320 yuan/ton, galvanized The tube leaves the factory at RMB 4620-4770/ton. In terms of market: traders in various regions continue to maintain stable prices and weaker shipments. The average daily shipment (large or small) is less than 100 tons. In terms of winter storage, small and medium-sized households will not consider winter storage, and inventory remains at a low level. , The large households have made up about 15% of their inventory on the basis of ensuring their sufficient inventory. To sum up, the cost side support is strong, and there is little room for further downward movement. The market has already taken action on the winter reserve. In the short term, the price of welded steel pipes will fluctuate mainly in a narrow range.
On January 20, the domestic plate market price stabilized and weakened. According to the monitoring data of Lange Cloud Business Platform, the average price of 16-25mm common plate in key cities in China was 4456 yuan, down 6 yuan from the previous trading day, which was higher It fell 21 yuan over the same period of the week, and rose 81 yuan from the same period last month. In terms of leading cities, Tianjin is 4310 yuan, stable; Handan is 4340 yuan, stable; Shanghai is 4540 yuan, down 10 yuan; Guangzhou is 4,620 yuan, down 20 yuan. In terms of lock prices for steel mills, Puyang 4370 yuan, down 20 yuan; dedicated 4360 yuan, down 30 yuan; water core 4290 yuan, up 10 yuan; lock prices for other steel mills are basically flat.
At the opening today, the futures market was operating at a low level. Affected by this, the spot market was less volatile, and the domestic medium board market quotations fell steadily. At present, due to the deviation of terminal and sub-terminal purchasing enthusiasm, the market trading atmosphere is not good, and the overall market transaction level is relatively weak. In addition, near the freezing point of the off-season, merchants are still actively shipping during this period. However, a very small number of merchants have poor transportation due to the epidemic, and some have been on holidays, which will have a certain impact on northern transactions. In terms of steel mills, in the past two days, the northern plate steel companies have individually lowered their lock prices, or their orders were low. In order to stimulate the increase of orders, they were slightly lowered. However, under the support of cost, most steel companies are willing to hold up prices. Still strong, maintaining a firm and flat operation. On the whole, the domestic mid-board market prices may remain volatile in the short term.
Seamless pipes: On January 20, domestic seamless pipes remained stable overall. According to the monitoring data of Lange Steel Cloud Business Platform, the average price of seamless pipe 108*4.5mm in key domestic cities is 5287 yuan, which is the same as the previous trading day. Today, the price of billet is firm, and the price of the tube factory is mainly stable. The current spot inventory of the Linyi tube factory is low, the operating rate is low, and the order situation is not good.
At present, under the influence of the epidemic in the northern region, most manufacturers have holiday shifts ahead of schedule. The North China market has been more severely affected by the epidemic. Construction sites have basically been suspended, transportation vehicles have been restricted, and shipments have been blocked. The overall transaction has declined significantly, and merchants are not too embracing the pre-holiday market shipments. It is expected that the current overall wait-and-see shipments will be the main focus, with fewer purchases and price operations, and the specific resumption time will be determined according to the epidemic control situation. Recently, shipments in South China have been relatively ordinary. Traders have a holiday in early February, and price adjustments before the holiday may be low. In summary, it is expected that the domestic seamless pipe market prices will be stable.
On January 20, the domestic coating market prices continued to decline. According to the testing data of the Lange Steel Cloud Business Platform: The current average price of 1.0mm galvanized sheet in key domestic cities is 5590 yuan (ton price, the same below), which is 14 yuan lower than the previous working day; 0.47 in key domestic cities The average price of mm color-coated board is 6,891 yuan (ton price, the same below), which is 15 yuan lower than the price of the previous trading day.
Today, the domestic coating prices remain down. Hot-rolled black futures fluctuated at a low level, and the price of private steel mills dropped by 10-30 yuan. Among them, the representative steel mills: Zhaojian 5170 yuan/ton, Xinyu 5170 yuan/ton, Dongheng 5100 yuan/ton. According to feedback from traders, the northern region has actively responded to the epidemic in the near future. Logistics has basically stagnated and transportation has been blocked. In addition, the winter demand in the north is weak, and steel mills usually produce normally. The contradiction of oversupply has gradually become prominent, and market inventory has further accumulated. Some areas in the southern market reflect that the downstream has gradually entered the holiday phase, demand has shrunk, and traders are in a passive accumulation phase. In order to prevent the pressure of inventory and capital turnover in the later stage, most of them are currently mainly selling at lower prices, and the actual transaction bargaining range is too large. On the whole, the domestic coating prices are expected to remain weak and fluctuate tomorrow.
According to the monitoring data of the Lange Steel Cloud Business Platform: Wuxi hot-rolled strip steel (2.5*355mm) is 4560 days/ton, maintaining stability, Lecong hot-rolled steel strip 2.5* (232-355) Ruifeng 4550 yuan/ton, maintaining stability . In terms of small narrowbands, mainstream steel mills such as Tangshan Guoyi, Jingan, Shoutang Baosheng, and Tianwu Shuntong have stable ex-factory prices for small narrowbands, and the transaction is fair. As of press time, 4,080 yuan/ton. 355 series hot-rolled strip Tangshan Ruifeng reported 4,100 yuan/ton, down 30 yuan/ton from yesterday.
Today's steel futures opened at 4290 yuan, the opening oscillated down, and finally closed at 4310 yuan, a 0.44% drop. The re-implementation of the environmental protection restriction policy has reduced the supply in the small narrowband market, and some factories have set up the price for this, and the overall transaction of the small narrowband is acceptable. Some manufacturers of China Broadband have lowered prices mainly for shipments, but the overall market has a strong wait-and-see sentiment, and deals with low-cost resources are acceptable. The overall transaction in the East China market is relatively weak, and traders basically replenish goods on demand. In addition, the trend of futures steel is general, and the overall market is mainly followed. Due to the relatively cold market demand as a whole, the short-term strip steel market volatility tends to weaken.
On January 20, the steel billet market continued to operate stably. The ex-factory price of steel billets was reported stable including tax and remained at 3810 yuan/ton for several consecutive days. Recently, the price of raw materials has continued to rise, and the production cost of steel mills has continued to rise. The current price is 3810 yuan/ton. In terms of selling prices, steel mills are in a state of loss, which is why the ex-factory price of billets has been maintained at 3800 yuan/ton recently. Compared with the tough attitude of steel mills, the spot market is slightly inadequate. Merchants’ external quotations fluctuate according to the helical surface. The current mainstream transaction price is 3890-3900 yuan/ton. Today, the rolling mills in Tangshan area stop production again, and market demand Once again, it has been reduced in stages, with few transactions and a deserted market atmosphere. It is expected that the spot market will continue to fluctuate within a narrow range in the short term, and the ex-factory prices of billets will continue to maintain a steady trend.
In terms of the total billet storage inventory, the mainstream storage inventory in Tangshan area today has declined for two consecutive days. It is currently 812,100 tons, a decrease of 6,700 tons compared with the previous trading day. The inventory has declined in the past two days, which is continuing to decline. The signal is still a short-term release of demand. Market participants have given answers, saying that the Tangshan rolling mill started to resume production earlier this week, and the market has procurement demand coming in, so there are signs of a slight decline in inventory, but today the rolling mill has stopped production again, and subsequent inventory may be expected Continue to accumulate.
In the downstream profile market, profile prices in Tangshan area fell within a narrow range today, and sales continued to be weak. Rolling mills once again implemented production restrictions, and the release time is yet to be determined. The mainstream price of I-beam steel is 4250-4280 yuan/ton, the mainstream price of channel steel is 4250-4280 yuan/ton, and the mainstream price of angle steel is 5#4200-4210 yuan/ton.
Iron ore: On January 20, the domestic iron ore market was operating strongly. According to the monitoring data of Lange Steel Cloud Business Platform, the mainstream market price of 66% acid powder in Tangshan area without tax is 970-980 yuan, which is an increase of 20 yuan from the previous working day; Jianping area is 65%-66% acid powder The market price of wet basis excluding tax is 930-940 yuan, which is the same as the previous working day; the 65%-66% acid dry basis tax-included cash market price in Zibo area is 1355-1365 yuan, which is the same as the previous working day. The reference price of 61.5% Australian powder in the foreign trade market of imported mines is US$168.5-169, a decrease of US$3.35 from the previous working day. The reference price of 61.5% PB powder in Qingdao Port is 1155 yuan, which is the same as the previous working day. The reference price of 61% Mike Fan is 1145 yuan, the same as the previous working day. The reference price of 61.5% PB powder in Tianjin Port is 1160 yuan, which is the same as the previous working day; the reference price of super special powder is 955 yuan, which is the same as the previous working day. In terms of domestic mines, the price increase in the domestic market today has not weakened. At present, thanks to the demand brought by the replenishment of steel mills and the tight supply side, the price of iron concentrate in Hebei today has generally been raised by about 30 yuan from the previous day. In terms of imported ore, the market quotations of port traders were generally stable this morning. The overall market inquiries are fair, and transactions have improved compared to yesterday. In order to ensure the normal operation during the Spring Festival and consider the current transportation and other issues, there is still some room for replenishment at the steel plant. From the perspective of varieties, the circulation of low-grade fine ore resources is expected to improve due to the impact of the compression of steel mill profits. Based on the above data, the iron ore market is expected to remain volatile on January 21.
Coke: The domestic coke market rose individually on January 20. According to the monitoring data of the Lange Steel Cloud Business Platform, the quasi-level metallurgical coke in Handan, Hebei is 2,650 yuan, an increase of 100 yuan over the previous trading day. The quasi-level metallurgical coke in Xingtai area reported 2,640 yuan, an increase of 100 yuan over the previous trading day. The secondary metallurgical coke in Tangshan area was 2,700 yuan, an increase of 100 yuan over the previous trading day. The secondary metallurgical coke in Linfen, Shanxi was RMB 2,450, which was the same as the previous trading day. The ex-factory price of secondary metallurgical coke in Qitaihe area of Heilongjiang was 2,450 yuan including tax, which was unchanged from the previous trading day. The ex-factory price of secondary metallurgical coke in Linyi area was 2,590 yuan including tax, which was unchanged from the previous trading day. Today, the domestic coke market rose individually, and the fourteenth round of the increase took place in some regions. It is understood that the current coke market has risen by 14 rounds, with a cumulative increase of 900 yuan. The profits of coking plants are relatively high. Most coking companies have maintained a high level of operation. The coke market is generally optimistic when supply and demand are booming. In terms of supply, the current coking enterprises have started operations at a high level, sales are good, coke inventories are on a downward trend, and some coke enterprises have cars and other goods. However, due to the impact of the epidemic control in Hebei, some coke enterprises in Shanxi have switched from steam to fire transportation. The inventory of coke enterprises sent to Hebei has accumulated slightly. In terms of demand, due to the impact of the transportation control of the epidemic in Hebei, the volume of coke arrivals in the steel plants is still less than expected, which will have a certain impact on the coke inventory of steel plants in Hebei and other regions. The coke inventory in the plant is currently at a normal low level. The overall enthusiasm of the steel plant to start construction has not diminished, and there is a storage stock plan at the end of the year, and there is still a high demand for coke replenishment. Based on the current situation, it is expected that the domestic coke market quotation will continue to increase on January 21.
Scrap steel: The domestic steel scrap market was operating stably on January 20. According to the monitoring data of the Lange Steel cloud business platform, the price of the heavy waste market in Beijing is at 2830 yuan, which is the same as the previous trading day. The heavy waste market price in Tangshan area was 2,950 yuan, which was the same as the previous trading day. The quotation of the heavy waste market in Zibo is about 2725 yuan, which is the same as the previous trading day; the quotation of the heavy waste market in Liaoyang is about 3040 yuan, which is the same as the previous trading day; the quotation of the heavy waste market in Shanghai is about 2760 yuan, which is the same The trading day was flat. The heavy waste market in Jiangyin area was quoted at 2820 yuan, unchanged from the previous trading day; the heavy waste market in Xi'an area was quoted at 2390 yuan, down 10 yuan from the previous trading day; the heavy waste market in Chongqing was quoted at 2590 yuan, compared with the previous transaction The day was flat. Today, the steel futures market is running green, and the market mentality has been hit. The holiday time of the electric furnace plant is approaching, and workers in some areas have returned to their hometowns one after another, and scrap steel processing has been affected. The winter storage is coming to an end, and the willingness of steel companies to reduce prices has increased significantly. The transaction of finished products is not good, and the downstream market demand weakens. On the whole, as the Chinese New Year approaches, the market’s willingness to receive goods at low prices has become stronger, and steel mills’ profits have been sluggish due to the epidemic in the north. Some sites in the south were closed for holidays, and the unshutdown sites also reduced receipts. The scrap market is expected to decline slightly on January 21.
Pig iron: The domestic pig iron market remained stable on January 20. According to the monitoring data of the Lange Steel Cloud Business Platform, steelmaking pig iron (L10): Tangshan area reported 3,400 yuan, unchanged from the previous trading day; Yicheng area reported 3750 yuan, unchanged from the previous trading day; Linyi area reported 3750 yuan , Unchanged from the previous trading day. Casting pig iron (Z18): Yicheng area reported 4,070 yuan, unchanged from the previous trading day; Xuzhou area reported 3,920 yuan, unchanged from the previous trading day; Zibo area reported 3970 yuan, unchanged from the previous trading day. Ductile iron (Q12): Yicheng area reported 4000 yuan, unchanged from the previous trading day; Xuzhou area reported 4,030 yuan, unchanged from the previous trading day; Linyi area reported 4120 yuan, unchanged from the previous trading day. Today, the domestic pig iron market is operating steadily, and the overall transaction situation in the market is slightly average. At this stage, the finished product market is not performing well, and steel mills are less enthusiastic about purchasing steel pig iron. Due to fewer iron plants in production, the overall market resources are tight, there are few transactions in some areas, and inventories continue to increase. For cast pig iron and ductile iron, most iron plants have average shipments, and with the approach of the Spring Festival price, demand continues to shrink, and the business mentality is not good. At present, the price of pig iron is basically hovering on the edge of the cost line. As raw material prices strengthen again, profit margins continue to shrink, and some iron plants have the intention to increase prices. However, without transaction support, the upward momentum of pig iron prices is slightly insufficient, and the price rises and falls. In summary, the domestic pig iron market is expected to be stable and strong on January 21.