Output and inventory reached a new high, and some

2022-06-21
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The output and inventory reached a new high, and some steel enterprises lowered their ex factory prices.

the output and inventory reached a new high, and some steel enterprises lowered their ex factory prices.

China Construction Machinery Information

Guide: on the 18th, Angang Steel lowered its plate prices in April. China Securities News learned that Benxi Iron and Steel Co., Ltd. will increase incentives while maintaining a flat plate ex factory price in April. According to the data released on the China Steel coordination day, it is estimated that the average daily output of crude steel in China will reach 2.0846 million tons in early March, with a month on month growth of 2.48%, setting a new record in China

On April 18, Angang Steel lowered the plate price in April. China Securities News learned that Benxi Iron and Steel Co., Ltd. will increase incentives while maintaining a flat plate ex factory price in April. According to the data released on the China Steel cooperation day, in the first ten days of March, it was estimated that the national average daily crude steel output would reach 2084600 tons, with a month on month increase of 2.48%, a new high since the statistics of China Steel Association. At the end of the first ten days of March, the steel inventory of key enterprises was 12.845 million tons, up slightly from 12.65 million tons at the end of February

On April 18, Angang Steel issued the product price policy for April, which reduced the price of most hot-rolled coil products by 300 yuan/ton, cold-rolled coil by 100 yuan/ton, hot-rolled pickling price by 320 yuan/ton, medium and heavy plate by 220 yuan/ton, and wire rod by 180 yuan/ton

huyanping of China United iron and Steel said that the price of plates has continued to decline recently, and the cumulative decline of some varieties has reached 10%. A large part of Angang's products are sold through agents. In the past few months, the ex factory price of the steel plant has been higher than the market price. If the price is not adjusted in time, the order will encounter resistance. The recent boycott of steel mills by agents in Hangzhou has nothing to do with Angang, but it can also reflect the problem to a certain extent

after closely following Angang, Benxi Iron and steel will adopt the strategy of open leveling and hidden reduction. According to huyanping, although all varieties of Benxi Iron and steel will remain flat in April, the hot-rolled coil preference will increase by 450 yuan/ton, and the transportation subsidy will increase by 50 yuan/ton; Therefore, compared with the arduous test of steel wire elongation, the preference of rolled coil with the brand above DC04 is increased by 150 yuan/ton, that of other varieties above galvanized dc54d is increased by 100 yuan/ton, that of silicon steel is increased by 150 yuan/ton, that of hot-rolled pickling is increased by 300 yuan/ton, and that of rolled coil is increased by 200 yuan/ton, excluding tax

previously, the steel price policy issued by Baosteel in April was still raised. Since December last year, Baosteel, WISCO and other sheet steel mills have raised their ex factory prices for five consecutive months

insiders said that the overall orders for high-end plates such as automobile plates are good, and Baosteel mainly supplies them directly to users. The ex factory price of Angang Steel is closer to the market price. It is expected that the ex factory prices of Hebei Iron and Steel Co., Ltd. and Shagang Co., Ltd. will also be lowered in April, or the order preference will be increased

the output and inventory reached a new high

the action response was fast. While the steel mills suffered widespread losses, the crude steel output reached a new high

according to the data released by CISA on March 18, the average daily crude steel output of member enterprises of CISA in the first ten days of March was 1.6755 million tons, a month on month decrease of 3.28%, but it is estimated that the average daily crude steel output of China is as high as 20823 Unconfined mold test 460000 tons, an increase of 2.48% on a ten day basis, a continuous increase of 40 days on a ten day basis, and a new high in output since the statistics of China Iron and Steel Association

with the increase of production, the inventory is also rising. According to CISA data, the steel inventory of key enterprises at the end of the first ten days of March was 12.845 million tons, a slight increase from 12.65 million tons at the end of February, and only 10.59 million tons at the end of the last ten days of January

according to the statistics of China's steel spot inventory, as of March 15, the social inventory of the five major steel varieties in China's major markets was 22.508 million tons, an increase of 192000 tons over the previous week, rising for 13 consecutive weeks

while the output and inventory reached a new high, the loss area of steel enterprises was expanding

according to the profits of 163 sample steel mills counted by "my steel" on March 8, 66.87% of the steel mills fell into losses, an increase of 5 percentage points over March 1. Recently, the loss rate of steel mills has risen to 86.50%

the management of a plate manufacturer in Hebei told the China Securities Journal that after a round of plate price rise since September last year, the downstream demand began to shrink, and many steel mills fell into losses again

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