The daily average output of the hottest crude stee

2022-10-18
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The daily average output of crude steel rebounded again, and the steel price returned to weakness after a sharp rise

at the beginning of November, the domestic steel market experienced a wave of rapid growth, but since last week (November), the steel market as a whole has shown a slight correction trend. Analysts said that at present, businesses are short of funds, their enthusiasm for stocking is not high, and the possibility of continued rise in steel prices is low; At the same time, domestic crude steel production and steel mill inventory both rebounded in early November, while downstream demand may decline as the weather turns cold, and short-term steel prices may tend to be weak. At the beginning of November, the domestic steel market experienced a rapid rise, but since last week (November), the steel market as a whole has shown a slight correction trend. Analysts said that at present, businesses are short of funds, their enthusiasm for stocking is not high, and the possibility of continued rise in steel prices is low; At the same time, domestic crude steel production and steel mill inventory both rebounded in early November, while downstream demand may decline as the weather turns cold, and short-term steel prices may tend to be weak

at the end of October and the beginning of November this year, another off-season of steel sales is coming, and another wave of rapid rise in steel prices. It is generally said in the industry that due to the scarcity of some market resources and the positive expectations of the market for the Third Plenary Session of the 18th CPC Central Committee, the domestic steel price has seen this strong rise

according to the steel price monitored by my steel company in major cities across the country, the 20mm HRB400 deformed steel bar in Beijing market has increased by 230 yuan/ton in just ten days; Although the growth rate of Shanghai market is slower than that of Beijing market, it has also increased by more than 200 yuan per ton in half a month, and other markets have also increased to varying degrees

however, such a sharp rise in the steel market, which is in the off-season of seasonal sales, did not last long. It is reported that prices in several regions were weak last week, and individual markets in North China fell significantly. Moreover, the price of steel billet in Tangshan once fell below 3000 yuan/ton last week, significantly lower than the phased high of 3070 yuan/ton in early November

my steel report shows that at present, the shortage of resources in some markets still exists, but the rapid rise in prices has made downstream users unbearable, and traders' shipments have fallen back. Liang Jun, director of the standards management office of the science and Standards Department of the national certification and Accreditation Administration, said that prices in many places are in a weak market

Shanghai Steel Union steel analysts also said that at present, traders are still in a tight financial situation, their enthusiasm for stocking is not high, and the possibility of continued rise in steel prices is low

it is also worth noting that the latest ten day report data released by China Iron and Steel Industry Association showed that the daily output of crude steel of key enterprises in early November was 1.763 million tons, an increase of 3.5% month on month; The national estimated value was 2.144 million tons, an increase of 2.2% on a ten day basis. According to the data of the National Bureau of statistics, the average daily output of crude steel in China fell to 2.099 million tons in October

crude steel output rebounded again after a short decline. Industry insiders believe that it is because the main machine of this kind of product is electronic, but the clamp is hydraulic. In October, the average daily output of crude steel fell below 2.1 million tons, and the contradiction between supply and demand in the steel market is considered to have been alleviated to a certain extent. At the same time, the rebound in steel prices at the beginning of the month further stimulated the production enthusiasm of steel mills

the data of CISA also shows that the steel inventory at the end of the first ten days of November was 12.926 million tons, an increase of 0.39% month on month. The steel adopts high-precision, gapless ball screw and timely gauge belt as the guarantee of the accuracy of the transmission system; Compared with the output, the growth of factory inventory is relatively mild, but the pressure is still obvious. The above analysts said that under the background of continuous increase or high output, once the increase in demand stagnates or even decreases, the pressure on steel mills will be greater

without paying attention to the great good news when using the b-scale experiment, insiders believe that as the weather gets colder, downstream demand will also appear weaker, and it is expected that the short-term steel price will still be dominated by weak shocks

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