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The domestic steel city" to rise still rest" differentiation among varieties prices will continue to
Source:    Date:2012-1-3 21:32:42    Author:

Zhou Zhichu just like being" a great boost", steel price appears rebound, at the end of the week and again in wait-and-see condition. Domestic spot steel market at present this condition is called" market to rise to still rest". According to the domestic well-known steel information agencies" my iron and steel" to provide the latest market report, the steel city is still in a narrow range of shock interval, varietal differentiation or market will continue.
According to monitoring, in the last week, domestic steel prices overall rose slightly. At the beginning of the steel city trading week, appeared obvious warmer," it seems to last low confused market infuse stitch cardiac". Domestic steel futures forward price also continued to run high, indicating that investors for the judgments afternoon to optimism, which also makes the stock market short-term bullish attitude aggravates businessman, market price is started up. However, a week later, with the price to the high demand, terminal again wait-and-see, closing down. Market said," fortunately, the current spot market available resource amount is controllable range, merchant shipping will relatively early days is somewhat abate", coupled with the long-term price makes the market continued to fall, the will is not strong, so the steel city, eventually to be steady.
According to the analysis, the domestic construction steel market shocks. Many traders to reflect, at present the market there is a palpable band phenomenon, namely market demand release and turnover, is usually a week early relatively active, then began to gradually decline, leading to the market price at the beginning of the week strong rise, then shock consolidation. " The merchant's mentality affected, since a period of time to market expansion has always had confused attitude, price of steel is substantially higher, do not expect too much, many choose to ship-based."
The market price of hot-rolled plates volume presents a slight rebound trend, the forward price also upwardly oriented to consolidation. But there is a point worth noting, despite the recent hot spot price rebound, but from look substantially, not actual steel downstream demand, but in the middle of the majority of steel demand, the order did not have a substantial improvement, Baosteel, the mainstream of steel in August pricing on hot rolled products are carried out" pan" policy. In addition, the demand for intermediate main supporting force in the capital, the current funds face uncertainty is bigger, so the steel city, this one requirement is not solid, hot markets would return to weak consolidation state.
Cold rolled steel market prices rose slightly, the business mentality of cautious optimism. According to industry experts say, on one hand, indemnificatory housing construction peak gradually approaching, the August steel city is expected to boost, at the same time, the protection of housing construction will drive demand for home appliances or the cold plated steel products, the continued downturn in the market may thus be improved; on the other hand, although for a period of time the domestic automobile production and sales continued to decline, but compared to the international market the car popularity rate, China automobile industry development space is obvious, for the automotive industry produce and sale glides" tolerance" estimation is not high. From the new steel mill pricing, Baosteel, August cold plating product prices rise slightly, shows that the mainstream steel cold-rolled products order status has improved, the market outlook is running strong increased confidence. But the cold market to rebound substantially, the probability is very small.
Analysts said, the current domestic steel city, whole or in a narrow range of shocks, construction steel, hot-rolled product performance, strong in the plate, cold rolling and profiles. Take the" steel city vane" Baosteel, in the latest pricing, hot rolling, pickling products prices flat cold-rolled varieties, tons of price increase of 50 yuan, such as plate of some varieties of tons of price 100 yuan to 150 yuan. The different varieties of differential pricing policy, is the domestic steel city differentiation among varieties of a true reflection of market. Steel city next development, also requires close observation.

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