China's steel market narrowed its adjustment on January 10, with construction steel declining slightly, the hot-rolled sheet market slightly stronger, the cold-plate market slightly loosening, and the medium-heavy-plate market holding steady.
Lange Steel News on January 10, the domestic steel market narrowed adjustments. Among them, construction steel fell slightly; the hot-rolled plate market was slightly stronger; the cold plate market was slightly looser; the plate market was mainly stable. The specific market changes for various steel products are summarized as follows:
Construction steel: The domestic construction steel market fell slightly today. According to Lange Steel's network monitoring, the average price of China's key cities Ф6.5mm high line is 4302 yuan (ton price, the same below), down 19 yuan from yesterday; the average price of domestic key cities Ф25mm rebar 4235 yuan, down 11% yesterday yuan. Leading cities: Beijing's 6.5 high-line 4110 yuan fell by 20 yuan yesterday, the secondary rebar mainstream specifications 4120 yuan unchanged from yesterday; Shanghai market high line 4260 yuan fell 10 yuan yesterday, rebar 4300 unchanged from yesterday. The early rise and fall of the billet yesterday afternoon had a more significant impact on the spot market confidence. In early trading, the Beijing, Tianjin and Shanghai markets fell in droves, and the prices of leading cities in all regions also fell. The overall market fell. Each market still shows a bigger-than-existence situation, and the market is bound to remain high before the holiday season. There will be some pressure on the market. In today's trading session, influenced by many parties, the Shanghai Composite Index rose sharply. In the afternoon, the steel main contract was pulled up and eventually closed up by 38 yuan. However, the good performance of the period steel is weak for the current spot market. As demand for stocks continues to shrink, there is still room for decline in pre-holiday markets.
Hot Roll: The domestic hot-rolled coil market price was slightly stronger today. According to market monitoring by Lange Steel Network Steel Information Research Center, the price of 5.5mm hot-rolled coils in domestic key cities was 4,225 yuan, and the average price rose by 8 yuan from yesterday. With the Spring Festival holiday approaching, the atmosphere of market festivals gradually became apparent, and the payment and shipments before the holiday were basically completed, with the exception of some merchants who continued to follow the company’s new delivery resources in the near future. Most businesses The willingness to ship was significantly reduced, and prices in individual regions were lifted, but the overall market remained stable. After entering this week, the price of hot rolling gradually tended to be stable. At the same time, the continued strength of the session and the stock market has also warmed up the trend of the spot market in the later period. Recently, with the strengthening of the trading session and the stock market, the hot rolled spot merchants will be after the Spring Festival. The improvement of market conditions has become more certain. Some businesses have less resources in their hands, and their willingness to ship is obviously not strong, which also supports the maintenance of price stability. In terms of steel mills, Wuhan Iron & Steel also introduced a new hot-rolling price policy today, which is similar to that of Hegang, Shougang, and Baosteel. At present, the pre-holiday price changes are not significant, and some of the actions are not significant, but it is necessary to pay attention to the large stocks.
Cold plate: Today's opening, the domestic cold rolled coil market prices are basically stable, slightly loose in some areas. According to market monitoring by Lange Steel Information Research Center, the average price of 1.0mm cold plates in 10 key central cities in China is 5,216 yuan, which is 2 yuan less than yesterday. Which Wuhan fell 20 yuan, the other first and second-tier market prices to stabilize the main. Near the holiday season, the festive atmosphere of the market has increased. Businesses are more than willing to operate, and the transaction is also relatively light. Some businesses are already planning to leave the city. This week, some businesses have holidays and most businesses will leave the city next week. Weak storage or zero inventory has become the consensus of most businesses, but there are also a small number of businesses are currently stocking, intending to bet on the market after the Spring Festival. However, at present, it seems to be more cautious from the point of view of action. There is almost no case of bulk stocking. It is expected that the domestic market price of cold rolled coils will mainly be consolidated in recent days.
Zhongban: Today's opening of the market, domestic plate prices around the plate stable. According to market monitoring by Lange Steel Information Research Center, the average price of 20mm middle board in domestic key cities was 4,174 yuan, which was a dollar increase from yesterday's market price. Judging from the price changes of major cities in the country, with the exception of plate prices for individual markets such as Kunming, prices for plate prices in most markets have remained stable. The pace of the Spring Festival is getting closer, and the downstream terminal procurement plan is basically stopped. The middlemen are pessimistic about the market outlook, and the enthusiasm for selling goods is also low, causing demand to continue to shrink, and the transaction is bleak. At the end of the year, steel mills had relatively small shipments to the market. Due to poor shipping, social stocks rose slightly. At present, most businesses are busy finishing the work before the Spring Festival, and the sales atmosphere is gradually becoming weaker with respect to transactions such as account reconciliation, payment collection, and year-end summary. There is no obvious positive stimulus at the macro level, and most businesses also take a cautious attitude towards the market outlook. Therefore, shipping is reducing inventory and evading market risks is still the main mode of operation. It is expected that prices in the domestic plate market will continue to be stable in recent days.
Lange Steel News on January 10, the domestic steel market narrowed adjustments. Among them, construction steel fell slightly; the hot-rolled plate market was slightly stronger; the cold plate market was slightly looser; the plate market was mainly stable. The specific market changes for various steel products are summarized as follows:
Construction steel: The domestic construction steel market fell slightly today. According to Lange Steel's network monitoring, the average price of China's key cities Ф6.5mm high line is 4302 yuan (ton price, the same below), down 19 yuan from yesterday; the average price of domestic key cities Ф25mm rebar 4235 yuan, down 11% yesterday yuan. Leading cities: Beijing's 6.5 high-line 4110 yuan fell by 20 yuan yesterday, the secondary rebar mainstream specifications 4120 yuan unchanged from yesterday; Shanghai market high line 4260 yuan fell 10 yuan yesterday, rebar 4300 unchanged from yesterday. The early rise and fall of the billet yesterday afternoon had a more significant impact on the spot market confidence. In early trading, the Beijing, Tianjin and Shanghai markets fell in droves, and the prices of leading cities in all regions also fell. The overall market fell. Each market still shows a bigger-than-existence situation, and the market is bound to remain high before the holiday season. There will be some pressure on the market. In today's trading session, influenced by many parties, the Shanghai Composite Index rose sharply. In the afternoon, the steel main contract was pulled up and eventually closed up by 38 yuan. However, the good performance of the period steel is weak for the current spot market. As demand for stocks continues to shrink, there is still room for decline in pre-holiday markets.
Hot Roll: The domestic hot-rolled coil market price was slightly stronger today. According to market monitoring by Lange Steel Network Steel Information Research Center, the price of 5.5mm hot-rolled coils in domestic key cities was 4,225 yuan, and the average price rose by 8 yuan from yesterday. With the Spring Festival holiday approaching, the atmosphere of market festivals gradually became apparent, and the payment and shipments before the holiday were basically completed, with the exception of some merchants who continued to follow the company’s new delivery resources in the near future. Most businesses The willingness to ship was significantly reduced, and prices in individual regions were lifted, but the overall market remained stable. After entering this week, the price of hot rolling gradually tended to be stable. At the same time, the continued strength of the session and the stock market has also warmed up the trend of the spot market in the later period. Recently, with the strengthening of the trading session and the stock market, the hot rolled spot merchants will be after the Spring Festival. The improvement of market conditions has become more certain. Some businesses have less resources in their hands, and their willingness to ship is obviously not strong, which also supports the maintenance of price stability. In terms of steel mills, Wuhan Iron & Steel also introduced a new hot-rolling price policy today, which is similar to that of Hegang, Shougang, and Baosteel. At present, the pre-holiday price changes are not significant, and some of the actions are not significant, but it is necessary to pay attention to the large stocks.
Cold plate: Today's opening, the domestic cold rolled coil market prices are basically stable, slightly loose in some areas. According to market monitoring by Lange Steel Information Research Center, the average price of 1.0mm cold plates in 10 key central cities in China is 5,216 yuan, which is 2 yuan less than yesterday. Which Wuhan fell 20 yuan, the other first and second-tier market prices to stabilize the main. Near the holiday season, the festive atmosphere of the market has increased. Businesses are more than willing to operate, and the transaction is also relatively light. Some businesses are already planning to leave the city. This week, some businesses have holidays and most businesses will leave the city next week. Weak storage or zero inventory has become the consensus of most businesses, but there are also a small number of businesses are currently stocking, intending to bet on the market after the Spring Festival. However, at present, it seems to be more cautious from the point of view of action. There is almost no case of bulk stocking. It is expected that the domestic market price of cold rolled coils will mainly be consolidated in recent days.
Zhongban: Today's opening of the market, domestic plate prices around the plate stable. According to market monitoring by Lange Steel Information Research Center, the average price of 20mm middle board in domestic key cities was 4,174 yuan, which was a dollar increase from yesterday's market price. Judging from the price changes of major cities in the country, with the exception of plate prices for individual markets such as Kunming, prices for plate prices in most markets have remained stable. The pace of the Spring Festival is getting closer, and the downstream terminal procurement plan is basically stopped. The middlemen are pessimistic about the market outlook, and the enthusiasm for selling goods is also low, causing demand to continue to shrink, and the transaction is bleak. At the end of the year, steel mills had relatively small shipments to the market. Due to poor shipping, social stocks rose slightly. At present, most businesses are busy finishing the work before the Spring Festival, and the sales atmosphere is gradually becoming weaker with respect to transactions such as account reconciliation, payment collection, and year-end summary. There is no obvious positive stimulus at the macro level, and most businesses also take a cautious attitude towards the market outlook. Therefore, shipping is reducing inventory and evading market risks is still the main mode of operation. It is expected that prices in the domestic plate market will continue to be stable in recent days.
Industrial seals device, Leakage prevention, Sealing solutions, Industrial seals
Yuyao Shuguang stainless steel bearing Co., LTD , https://www.shuguangbearing.com