Steel building city clear trend of warmer
According to monitoring, enter since March, the domestic construction steel city" bottom out" trend has been basically established. West of the index concussion move up140 yuan per ton, some early oversold varieties is up more than200 yuan per ton. Due to the " bottom" clear, market turnover atmosphere is active, the enthusiasm of steel production will be significantly improved, plus the cost of capital has signs of decline, a number of factors are superimposed, the steel city of seasonal rebound of the market gradually generated.
For the steel city, the demand pick up, to have a rational analysis. From the long-term fundamentals, domestic infrastructure growth in the fall, real estate market is still in a state of regulation, macro economic growth target speed down, all of the steel market demand to produce long-term inhibition. But in the short term, the downstream demand is a seasonal warming trend, related data, the lunar calendar February construction steel terminal purchase quantity is lunar calendar January surged by around 89%, the terminal demand and" intermediate demand" in the more active, this shows that the market confidence has been restored, but also for the steel price temporarily pick up and lay the foundation for.
Demand pick up, steel prices higher, also make steel KB0raw material prices have firm in signs of recovery. There is a steel filling library promoting factors, but more it is a kind of" inertia of the follow up" behavior, market base is not firm. According to the relevant institutions mining analyst says, since March, the domestic ore prices overall still maintained stable, North China iron ore market demand is still relatively low, ore price actually lack the inherent impetus to rise. Imported ore price rose after the first firm, since March2dollars per ton rose. Australia northwest ports affected by the hurricane was closed, Vale Carajas ore railway accident also closed briefly, together with Australia through the lease of mineral resources tax act, the message to a certain extent promoted the imported ore price rises, but the overall effect is not.
Steel city currently most concerned or steel production next release. According to the mechanism of monitoring data in January and February, average domestic crude steel production chain rose respectively 8.8% with5.3%, breaking the4 quarter of last year yield continuously low confused situation. The first 2 months of this year crude steel output reached 6.85tons annual, slightly higher than last year 's average level. Visible in the4 quarter of last year, after the apparent reduction after the release of production capacity, steel has begun to gradually recover, the output growth rate exceeded market expectations. Before too fast, only for the steel city recovery caused by pressure. However, there is a little more gratifying, in late February, steel stocks began peaked, at present already5 weeks of continuous Jiancang, total Jiancang rate is about 4%.
The news above in electrical switch factory reprint ( www.jiandq.com )