Benxi City, Liaoning Province, steel prices have steadily dropped

Shenyang, February 14 News The current steel market entered the final closing stage of the year. Whether it was a merchant or a downstream terminal, the degree of concern about the market had dropped to the lowest point of the year. Although the U.S. market performed quite satisfactory, the European debt crisis has not shown a good turnaround. Most European countries are still bleak. The domestic side mostly stimulates consumption and expands production, even if the central bank adopts proactive fiscal policies and sound currencies. The policy has given the steel market a “centering pill,” but the sluggish market turnover has not boosted the market. The hedging of good and bad factors in the domestic and foreign markets has led to the continued weak operation of the steel market, the falling prices of building materials, and the relatively stable performance of the sheet metal market. Affected by the domestic steel market, the current steel prices in Benxi City, Liaoning Province have remained stable.

Benxi City steel factory prices compared with the previous period:

The plate price was flat with the previous period. During the current period to the year, the market price was relatively confusing and the domestic sheet metal market showed mixed performances. Kunming Steel was downgraded, Sha Steel was upgraded, and Baosteel was launched flatly. Due to relatively weak market arrival conditions and firm cost, the price is difficult to fall; however, businesses continue to take a holiday, the market turnover is basically zero, and the price is rarely rising; taking into account the market's upward growth during the year, Benxi City Steel Factory No adjustment has been made to the sheet price. Among them, the price of hot-rolled coil (4.75 Pu board) is 3,700 yuan per ton, cold-rolled coil board (1.0 Pu board) is 4,470 yuan per ton, and galvanized coil board (1.0 Pu reel) is 4,750 yuan per ton, both with The previous period was flat.

The price of building materials fell slightly. During the Spring Festival, construction sites generally stopped working, and domestic building materials prices generally declined. At the same time, Fushun Steel increased the supply of resources in various markets in Liaoning Province, resulting in an increase in local market inventories. There was generally no transaction in the market, and the prices of wire snails were weak. Among them, the wire rod (Φ6.5) is 3,520 yuan per ton, which is 80 yuan less than the previous period; the rebar (Φ20-25) is 3,550 yuan per ton, which is 50 yuan less than the previous period.

Northeast and East China steel market prices compared with the previous period:

Northeast Market (Representing Region: Shenyang)

The price of sheet metal was slightly consolidating. In the current period, the local market arrivals of sheet metal were generally good. The shipments of the steel mills were good. Although the terminal purchasing power was still low, the overall market turnover was weak, but the cost was strongly supported and the leading steel mills guided the policy of the steel mill in February to make the local The plate market price is firmer and oscillates. Among them, the hot-rolled coil (4.75 Pu board) was 4,180 yuan per ton, up 60 yuan per ton from the previous period; the cold-rolled coil (1.0 Puban) was 5,050 yuan per ton, unchanged from the previous period; galvanized coil (1.0 The general volume is 5,050 yuan per ton, which is 50 yuan less than the previous period.

The price of building materials was adjusted downwards. With the arrival of the holiday season, the downstream construction site was completely shut down. Businesses continued to take a short break, coupled with generally low temperatures throughout Liaoning Province. Merchant shipments were not good. In addition, the increased supply of market resources by Fushun Steel further boosted the market. in stock. Considering the market demand and the expected price changes after the year, the local market slightly reduced the price of building materials. Among them, the wire rod (Φ6.5) was 4,230 yuan per ton, which was 70 yuan less than the previous period; the rebar (Φ20-25) was 4,060 yuan per ton, which was 20 yuan less than the previous period.

East China Market (Region: Shanghai)

Plate price banner consolidation. In this period, due to the holidays, the terminal operators gradually left the city and the participation of traders was relatively low. Therefore, the unilaterally raised prices of steel mills had little impact on the market, the market as a whole weakened, the mainstream transaction price was relatively stable, and the banner was consolidating. The current hot-rolled coil (4.75 psf) was 4,300 yuan per ton, up 50 yuan per ton from the previous period; the cold-rolled coil (1.0 psf) was 5,100 yuan per ton, down 30 yuan per ton from the previous period; galvanized Coil (1.0 Pu roll) was 4,880 yuan per ton, up 30 yuan per ton from the previous period.

The overall price of building materials went down. As the Spring Festival approached, the construction site was generally suspended. The market was gradually stopped due to businesses returning home. The overall trading volume of the spot market was significantly reduced, and the country’s large-scale rain and snow weather impeded the turnover of building materials. All factors contributed to the continued downward trend in the prices of local snails, and the decline gradually increased. Among them, wire rod (Φ6.5) was 4,150 yuan per ton, down 170 yuan per ton from the previous period; rebar (Φ20-25) was 4,180 yuan per ton, down 40 yuan per ton from the previous period.