According to the latest domestic market analysis, during the first week of the 2009 New Year, domestic steel prices have risen in an all-round way, which is the fifth consecutive week of rising prices since last December. However, most of the steel mills and distributors believe that the overall market is still in a weak consolidation pattern, and there is no possibility of continuous rise.
According to monitoring, in the past week, the specific trend of major steel products in the domestic market was: the price of construction steel rose slightly, among which the ton price increases in Shanghai, Guangzhou, Shenyang, and Chengdu were all over 100 yuan; The board price rose slightly. The average ton price was increased by about RMB 90. The price of hot and cold coils continued to rebound, and the hot-rolled products had a certain degree of correction at the weekend. The prices of medium and large profile materials rose steadily.
According to the analysis, the price of construction steel has generally risen steadily, but the average ton price in North China, such as Beijing and Tianjin, has dropped by around 80 yuan. Within a week, a total of 44 rebar producers and 36 wire manufacturers nationwide adjusted their ex-factory prices, with only one downgrading prices. In the first week of the new year, due to lower temperatures in various regions, the number of newly started projects in the market decreased, and sales volume decreased slightly. The following factors affecting the trend of construction steel include: First, the railway and water conservancy departments have announced the 2009 construction investment arrangement, which has a positive impact on the consumption of building materials; Second, the current domestic coke prices have risen, the ton price before the New Year's Day It rose by 30%. Third, under the current price conditions, the domestic steel plant operating rate has risen sharply. It is estimated that after the construction steel price rose slightly, there was downward pressure and the overall situation was in a consolidation state.
The prices of plate prices rose slightly overall. Within a week, a total of 12 plate mills across the country adjusted their ex-factory prices. The tonnage price hike was averaged at around 200 yuan. In some mainstream markets, prices have increased, but sales have decreased. Traders are generally cautious about the market outlook. The prices of hot and cold coils generally rose, but they encountered a correction at the weekend. At present, the domestic price of HRC is equivalent to the international market price in the same period.
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