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Recently, due to the cold spring weather and festivals, the Northwest steel market demand has not been released, and during the Spring Festival, the steel mills scheduled production normally, and did not slow down the pace of inventory moving to the steel market. On February 11, in the major steel trade markets in Shaanxi, about half of the merchants were still closed. A reporter from China Metallurgical further learned that the overall performance of the steel spot market in the five northwestern provinces and regions was mediocre, basically continuing the price trend before the Spring Festival.
In early January 2014, due to tight market funds and cold weather, the steel spot market in the northwest region entered a state of priceless market, steel traders' inventory was not high, the willingness to reduce prices was weak, and steel prices fell weakly; the market continued to decline weakly in mid-January However, the decline was significantly reduced; as the Spring Festival approached in late January, terminal demand basically stagnated, market transactions further shrank, and the overall market weakness remained stable.
Before the Spring Festival until the fourth day of the first lunar month, the five northwestern provinces encountered rare warm winters, and the temperature in the ancient city of Xi'an once reached 13 degrees Celsius. From the fifth day of the first lunar month to the next 10 days, snowfall prevailed in the five northwestern provinces, the temperature dropped sharply, and the roads were frozen and muddy. The downstream demand in the steel market was basically stagnant, but a large amount of resource supply did not stop, and steel stocks in various markets showed a significant increase. At present, the focus of the work of the merchants who have opened their doors to work is mainly inventory, and they are mostly wait and see. Especially after experiencing a period of low market prices after the Spring Festival in the past few years, the first thing that steel traders are going to work after the Spring Festival is to display a brand with resources, and do not specify the specific price, which makes the actual transaction price change. Must be blurred.
It is estimated that steel traders can all work after the Lantern Festival, but most of the construction sites have not yet started. In addition, the inventory pressure is high, and the whole of February will be in the state of closed or semi-closed. It is difficult for demand to improve significantly. The real improvement in demand will have to wait until the end of February or early March. A department head of Shaanxi Dashun Logistics Center told reporters.
On the afternoon of February 12, the price of construction steel in Xi'an fell by 10 yuan / ton. For example, the price of Ñ„12mm ~ Ñ„14mmHRB400 rebar in Haixin Steel Plant is 3360 yuan / ton, the price of Hebei Iron and Steel Handan Steel Ñ„12mm ~ Ñ„14mmHRB400 rebar is 3380 yuan / ton, and the price of Longgang's Ñ„12mm ~ Ñ„14mmHRB400E rebar is 3400 yuan / ton, both higher than before the Spring Festival. Down 10 yuan / ton. However, the price of Longgang Ñ„6.5mm ~ Ñ„10mmHPB300 high line is 3420 yuan / ton, the price of Shanxi Jingang Ñ„6mmHRB400 coil screw is 3620 yuan / ton, and the price of Longgang Ñ„8mm ~ Ñ„10mmHRB400 coil screw is 3470 yuan / ton, which is the same as before the Spring Festival .
Lanzhou construction steel market prices rose by 10 yuan / ton ~ 20 yuan / ton. As of February 12, the mainstream quotations of the market leading steel mills Jiugang and Bagang Ñ„6.5mm ~ Ñ„10mm high wire were 3340 yuan / ton. The mainstream quotations of grade III rebars produced by Bayi Steel and Jiugang Steel are 3620 yuan / ton, the prices of grade â…¢ 16mm ~ Ñ„25mm large rebars are 3370 yuan / ton, and the prices of grade â…¢ screw coils of Ñ„8mm ~ Ñ„10mm are 3470 yuan / ton. The main reason for the price increase is that the Jiugang Lanzhou Branch raised the local construction steel guide price by 20 yuan / ton, the winter storage related policies have also been cancelled, and the acceptance has also increased by 20 yuan / ton compared with last year. After the steel traders watched carefully Choose to follow up slightly. Other steel mills have not recently released relevant price adjustment information, and acceptances have followed last year, so merchants have expressed greater pressure. However, judging from the recent demand in Lanzhou, there is no sign of a rebound in steel prices. Most of the current price increases are short-lived, and there is no market in the market. Therefore, it remains to be seen whether this increase will drive the market to follow up.
Xining and Yinchuan have had more rainy and snowy weather recently, and the market transactions have become more deserted. The prices of individual merchants have been fine-tuned, and the overall market prices still continue to be the prices before the Spring Festival. Although most of the merchants in the construction steel market in Urumqi have already gone to work, most of the merchants do not offer quotations for the time being because the end users have no willingness to purchase at present. Work for the first half of the day and get off at about 4 pm According to incomplete statistics, the current stock of construction steel market in Urumu is maintained at about 950,000 tons, basically the same as last year.
Although the current steel prices are running at the bottom, many steel traders who have opened their doors said that the market is still optimistic about the market in the northwest after the Spring Festival. The main reasons are twofold: First, the mainstream steel mills in March 2014 The ex-factory price may continue to rise steadily; the second is that the National Development and Reform Commission announced on February 10 the nine key areas of western development, including the promotion of national key infrastructure construction to the western region, and speeding up the improvement of railway and highway skeleton networks , Promoting the construction of major water conservancy projects, focusing on solving the two shortcomings of transportation and water conservancy in the western region; doing a good job in the preliminary work of key projects in the western development, and proposing a group to consolidate the long-term development foundation of the western region, enhance self-development capabilities and improve the production and life of the masses Conditions for major project reserves, etc., these are favorable factors for the Northwest Steel City.
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