Steel prices surge in a single week in the first half of two hundred pieces of the collapse of the m
This
week (10.31 11.4) for domestic steel prices continued to rise, and in
the case of improved market sentiment, prices continued to expand, can
use continuous jump to describe.Overall
economic turnaround expectations, fog haze weather led to limit
production operations and hebei to capacity after implementation of
periodic billet strained resources, commodity futures market overall
gains were the main reason for the domestic steel prices this week.As of November 4, 2016, Lange steel composite price index to 116.3 points, 5.2 points higher than the same period last week;Lange steel long products prices index to 118.8 points, 4.9 points higher than the same period last week;Lange steel plate price index of 114 points, up 5.8 points over the same last week.
Collective soared around the domestic construction steel prices this week, rose by an average of more than one hundred yuan.This week's prices mainly has the following several driving force.First,
it is the overall economic situation is improving, the market
confidence, this is mainly for large effect on the futures market.National
bureau of statistics (NBS) and the China federation of logistics and
purchasing released data show that in October 2016, China's
manufacturing purchasing managers' index (PMI) was 51.2%, 0.8% higher
than last month.October PMI index above from the line, show that stabilizing economic growth has been relatively clear.Except
for new export orders and import index declined, the rest of the index
to some extent, indicates that manufacturing business confidence is
generally picks up, the production and business operation activities to
fully recover.Although foreign economic uncertainties still exist, but by year economic growth rate won't fall.Second, the coal tar and other raw materials prices rose sharply.Tangshan
region this week must the metallurgical coke prices reached 1880 yuan,
100 yuan sharply higher than the same period last week.And
hebei region steel main coking coal to factory close to 1400 yuan, a
rise of more than one hundred yuan in the last week also.Coal tar resources tense situations, coal, coke enterprises is relatively strong, powerful, rising raw material prices.It
is reported, this Saturday in hebei coking enterprises coke prices will
increase by 150 yuan, steel mills quasi level of coke to factory prices
will exceed 2000 yuan next week.In
production costs continue to rise and sales good cases, pull the steel
prices, steel mills take the lead this week on the pressure of the
rising raw material, even so, at present the majority of steel mills
construction steel sales price and cost down, still losing money, billet
sales companies also keep losing money.Of
strip steel, plate, hot-rolled coil plate, and other forms of
production enterprises in the manufacturing of improvement driven prices
higher, still have profit.Third, is to capacity effect of fermentation.Hebei
province development and reform commission (NDRC) announced that this
year's steel production capacity to task ahead of schedule, the schedule
in October to remove steel production capacity of the relevant
equipment at least by the end of October has production, storage, and
network from hebei Lange area to know that the same is, relevant
enterprises sealed blast furnace equipment.In
the short term stopped close to 10 in the blast furnace production in
hebei province, the influence on the supply of steel billet especially.Hebei
some sales billet well-known enterprise, the day on Wednesday directly
to billet prices rose to 2450 yuan, on Friday at 2450 yuan, still than
Friday rose 170 yuan;Tangshan changli and other steel mills quotation to rise gradually, until Friday reached 2410 yuan, 140 yuan rose on Friday.Plus
fog is serious in north China since this week, 8 environmental
protection inspection in hebei, hebei may have their expectations.Sure
enough, on a Friday afternoon, tangshan government emergency files,
request since 15:00 on November 4, 2016, on the premise of ensuring
safety in production, the whole city industry to immediately stop all
coking enterprises coke, coal, coke and extended to 48 hours.All iron and steel enterprises in the city sintering machine stop production, stewing furnace blast furnace;The news is likely to cause the weekend tangshan steel billet, steel prices continue to rise.
