The effect of reducing emissions in the short term
Analysis, for a period of time in the future, the favorable factors affecting the operation of the copper strip market will still have a slight upper hand, and the overall steel market will continue to fluctuate upwards. 'Increasing expectations of increasing interest rates, It is bound to affect the trend of the stock market and futures steel prices, and further, under the influence of a bearish market sentiment, the spot steel prices will be obviously negatively affected.' Li Zhao believes, but it must copper foil tape manufacturers be mentioned that the spot steel price is increasingly affected by the financial sector.
When the implementation of relevant policies weakens and the rapid recovery of the operating rate of the steel industry will weigh on steel prices. After this round of increases, winter prices are expected to decline. 'He Rongliang believes that since mid-July, steel prices have rebounded rapidly and raw materials have increased slightly.
At the same time, the effect of reducing emissions in the short term is not visible, and the financial capital market is easily affected by news from various parties and has strong volatility, which will restrict the operation of the steel market.' Hu Yanping believes, 'but the current steel market is also facing a certain negative, for example, the spot price of iron ore is weakening due to steel mill production restrictions, and the first The decline in the contract price in the fourth quarter is basically determined, and the support for production costs has weakened..
The profits of the steel industry have increased, and the willingness of enterprises to resume production has increased. ' 'The continued improvement of the overall supply and demand relationship will provide strong support for the operation of the steel market in the later period.'Considering purely from the perspective of supply and demand, it seems inevitable that the domestic copper belt will continue to rise
The copper belt supports the advantageous private steel enterprises
The market has some confidence in the market price of cold-rolled coils., Ltd.A few days ago, the General Office of the Hubei Provincial Government issued opinions to increase energy conservation and emission reduction and speed up the structural adjustment of the steel industry. Leading cities: Beijing 6. Steel mills have heard good news about price increases and given certain cost support to cold rolled coils.. In September, the home appliance and automobile industries are expected to improve significantly. According to Lange Steel Network monitoring, the average price of Ф6. Support the construction of key special steel product manufacturing bases of Hubei Xinye Steel Co. and establish the company's position in the domestic special steel market.
The central bank ’s deputy governor said in a speech at the 2011 China copper clad aluminum tube Top 500 Enterprises Summit and China Big Business Summit that it seems that it will take some time for prices to fall. Opinions point out that support for Wuhan Iron and Steel (Group) Company to implement the strategy of cross-regional development and internationalization, and build it into a large-scale steel enterprise group with strong international competitiveness.
5mm high-line in key domestic cities is 5055 yuan (ton price, the same below), which is 1 yuan lower than Friday; the average price of Ф25mm rebar in key domestic cities is 4943 yuan, which is higher than Friday Down 5 yuan. The rise in food prices is unlikely to fall sharply in the short term, and the trend of rising commodity prices has spread to other areas. The Central Bank will maintain policy stability and continue to implement a sound monetary policy. The copper belt supports the advantageous private steel enterprises with relatively large production scales in the province, and cultivates two to three private enterprise groups with scale benefits that are at the forefront of the steel industry in the central region. It will still take some time to cause prices to fall.5 high line is 5020 yuan, secondary rebar mainstream specifications are 5,000 yuan, which is flat compared with Friday;
Shanghai market high line is 4,980 yuan, rebar is 4820, which is flat compared with Friday. The domestic construction steel market remains weak. The central bank has always been highly vigilant about future price increases. If demand starts slightly, the domestic cold-rolled coil market prices are expected to rise again. He believes that the factors for this round of rising CPI are very complicated and are the result of the intertwining and interaction of comprehensive factors at home and abroad
We found that during the current round of rises
The recovery of copper belt export data has the effect of a low base last year. However, if the market risk appetite changes, the departure of financing funds may increase the adjustment range of the stock index. However, in the recent economic outlook of the IMF,the economic growth expectations of major countries have been generally reduced, and the VIX index has also risen sharply from the previous period, setting a new high since August.
In the third quarter, 37% of companies reported rising labor costs. Hanlong's 10 billion acquisition of Australian mining companies changed due to the collapse of copper belt manufacturers.In the first three quarters, the local revenue of selling brass bands was 3.. Due to insufficient demand, it is generally difficult for enterprises to increase product prices accordingly, resulting in squeezed profit margins for industrial enterprises.
The Chinese government still has a long way to go to expand domestic demand.3% year-on-year, an increase of 5. More importantly, the bank's restrictions on steel trade lending and steel mill lending have made the internal capital level of the steel industry in a long-term tension; most of the major players in the market, the steel trader group, can only rely on their own funds Market operations have greatly limited the ability of the market to operate independently. .
We found that during the current round of rises, the financing balance has soared, from 424 billion yuan in late July to 640. Although the General Administration of Customs announced yesterday that the performance of import and export data in September exceeded market expectations, domestic demand was not satisfactory. The increase in processing trade import growth has boosted the leakage cable import data.
2 billion yuan on October 10, setting a new record high.5 percentage points year-on-year, reflecting weak domestic demand. The export growth rate in September was 15. But why did you choose to cut interest rates again this time? ** A reasonable explanation is that the government has information that is not visible to the public, such as the bad debt ratio of banks. Is still sleeping in order to "live" to sleep. An obvious example is the "money shortage" in June 2013, when the central bank refused to provide liquidity to banks that expanded too quickly and lacked money.9% from the previous month
The number of imported contracts from Brazil was 35
12 US dollars / ton.65 US dollars / ton. The number of imported contracts from Brazil was 35. Among them, 66.52 US dollars / ton.866 million tons, with an average price of 41.509 million tons, with an average price of 44.672 million tons, with an average price of 47.41 US dollars / ton; 55-60% of the contracts were 18.
From January to February, there were 3. Among them, 66% and above grade contracts amounted to 221,500 tons, with an average price of 45.69 US dollars / ton.72 million tons of contracts were 1.79 US dollars / ton.58 US dollars / ton; 55-60% of the contracts were 59,100 tons, with an average price of 36. In February 2016, the number of imported contracts from Australia was 39.60 US dollars / ton; 60-63% of the contracts were 18.60 US dollars / ton.915 million tons, with an average price of 46. The cumulative contract in January-February was 11.13 US dollars / ton .32 US dollars / ton.861 million tons, with an average price of 45. The cumulative contract from January to February was 48..3398 million tons, with an average price of 48.
The cumulative contract from January to February was 11. From January to February 2016, a total of 298 companies have applied for automatic iron ore import licenses, of which 249 have actually imported.China ’s copper belt imports in February are as follows: Dynamics of importing companies. Imports of imported iron ore by contract grade.891 million tons.617 million tons.0344 million tons, with an average price of 57.22 per ton.19 US dollars / ton; 63-66% of the contracts were 2.425 million tons, with an average price of $ 41.
From January to February, the cumulative contract was 51.00 US dollars / ton; 63-66% of the contracts were 2.439 million tons of contracts, with an average price of 50.08 US dollars / ton; the cumulative contract in January-February was 113,500 tons, with an average price of 37.510 million tons, with an average price of 52. The accumulated contract from January to February was 13.30 US dollars / ton; 60-63% of the contracts were 64. The cumulative contract from January to February was 585,500 tons, with an average wholesale copper clad aluminum wire price of 45.1921 million tons, with an average price of 45.4672 million tons, with an average price of 44
Real estate investment growth is declining
However, the rebound did not last long, and the market gradually fell into a state of shock consolidation. This will, to a certain extent, effectively stimulate the improvement of transactions and increase steel prices. It is expected that the replenishment purchase after the holiday will increase slightly compared to previous years.
At the same time, demand is sluggish, real estate investment growth is declining, machinery, ships, home appliances, hardware and other industries are sluggish, and steel consumption is insufficient. In general, the annual steel price in Malaysia continued to fall, the overall price center of gravity moved downward, and the average price of steel throughout the year was at a historically low level. The situation continued until mid-September.
However, due to the poor winter storage situation this year, there is generally not much downstream terminal stocking. However, in terms of capital, banks almost completely slammed loans, steel traders became tighter in funding, and market vitality plummeted. In the year of the horse, the market was turbulent, the copper belt fell unilaterally, and the overall recovery of the industry has not yet been seen.The steel market spent another year in the cold winter.
Until March, under the support of the peak consumer season, steel prices began to rebound slightly. For example, the prices of raw materials such as billets and iron ore fell sharply due to factors such as the drag on crude oil.. From mid-December to the present, the off-season of consumption has come, market transactions have plummeted, and coupled with negative pressure, steel prices have been falling all the way, hitting record lows. For the interpretation of the steel market after the Spring Festival of the Year of the Sheep, the author believes that the following four aspects need to be considered: