The recovery of crude steel output caused by the e

2022-08-04
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The expansion of polymethylmethacrylate (PMMA) p> steel plant led to the recovery of crude steel output, which led to the weakness of the steel market in the near future.

since the steel industry entered the traditional consumption off-season, the terminal demand shrank significantly. However, due to good expectations in the early stage, the steel inventory fell for six consecutive weeks after the national day. However, at the end of last week, the national steel inventory ended its downward trend and rebounded for the first time in six weeks. According to statistics, as of the end of last week, the social inventory of five steel varieties in 26 major markets in China was 12.092 million tons, an increase of 7000 tons compared with the previous week. Compared with the same period last year (November 18, 2011), the total inventory decreased by 1.072 million tons, narrowing again

at present, there are still too many uncertain factors in the overall economic environment, especially in terms of demand. Although the demand for railway construction seems to be intermittent and large, new energy vehicles are also vigorously trying and promoting spray free materials. With the arrival of winter, the construction of FRP industry will be more difficult in the future, especially in the northern region, the construction steel will certainly be greatly affected, At present, the total domestic steel inventory has begun to rise. With the resumption of production of steel mills, the later inventory pressure may further increase, and it is expected that the steel price will be forced to weaken

according to the statistics of the National Bureau of statistics, the average daily output of crude steel in September and October has risen to more than 1.9 million tons. The daily output of crude steel fell back to 1.89 million tons in August, the lowest since March

Li Xinchuang, President of metallurgical industry planning and Research Institute and Deputy Secretary General of CISA, expressed a "cautious and optimistic" attitude towards the steel market in November and December

"the steel price is better than that at the beginning of September, but not much better." Lixinchuang said, "there are too many uncertain factors in the whole economic environment: the northern region has difficulties in construction after winter, and the building materials will certainly be affected. The trend will be affected by the consumption of residents and the export of steel."

the steel price has shown a trend of "falling after a long time". According to Mysteel statistics, since early October, the steel price has fallen into consolidation from the rising trend. In recent days, the spot steel price has generally fallen back

Qiu Yuecheng believes that at present, the domestic steel market has entered the traditional off-season, the terminal demand has shrunk significantly, the domestic crude steel production capacity has been released faster, and the resources of northern steel mills have been stepped up southward, which will significantly increase the pressure on resource supply in the southern market. He predicted that the short-term domestic steel prices will still face greater shock downward pressure

iron ore prices continued to strengthen. According to the monitoring of TSI, a supplier of steel price information, as of November 16, the price of imported iron concentrate powder with 62% grade in Tianjin Port was $122.8/dry ton, up 6.5% in the past four weeks

China Securities Journal previously quoted wangxiaoqi, vice president of CISA, as saying that since the ore price fell to the lowest point in September, many steel enterprises imported a large number of low-cost iron ores for tensile test, pressure test and bending test, and most of the contracts were executed in October. The raw material cost of steel enterprises decreased. The steel price in October increased by about 150 yuan compared with that in September, so it is certain that a certain profit can be realized in October

he also pointed out that the current steel industry has gradually stabilized. In November, steel enterprises still have profit space. If the status quo continues in December, there will certainly be no loss in the whole year

according to the statistics of China Iron and Steel Association, in the first three quarters of this year, the loss of China's iron and steel industry reached 45%, of which large and medium-sized iron and steel enterprises lost 5.528 billion yuan, while in the same period of 2011, these enterprises also made a profit of 83.692 billion yuan

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