The hottest spiral rising market promotes the cont

2022-08-13
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The spiral rising market pushed the rise of steel prices to continue

on January 7, the rise of domestic steel market continued, and the prices of various varieties continued to rise across the board. Baosteel's price hike once again boosted the market. The plate market, whose rise slowed yesterday, expanded again today. Although some businesses have worried about the risk of rapid and substantial price increases, at present, the price is still the vast majority of plastic processing shafts have to be treated as a whole. Industrial enterprises are mainly domestic made equipment, which is in the upward channel, and the probability of callback and downward in the short term is relatively small

according to the market monitoring of information research center, domestic key cities Ф The average price of 25mm grade III deformed steel bar is 3860 yuan (ton price, the same below), up 15 yuan from yesterday; Domestic key cities Ф The average price of 6.5mm high-speed wire was 3711 yuan, up 14 yuan from yesterday; The average price of 5.5mm hot rolled coil in key domestic cities was 4074 yuan, up 16 yuan from yesterday; The average price of 1.0mm cold plate in key central cities in China was 4718 yuan, up 11 yuan from yesterday; The average price of 20mm medium-sized board in key cities in China was 3914 yuan, up 18 yuan from yesterday

the main 1305 contract of rebar in the previous period opened at 4029 yuan/ton in early trading on the 7th, and then the price showed a high fluctuation and falling trend throughout the day. The lowest price throughout the day was 3994 yuan/ton, and the highest price was 4047 yuan/ton. It closed at 4004 yuan/ton, up 14 yuan/ton compared with the settlement price of the previous trading day (4th day), with 2896484 transactions, 1391856 positions, an increase of 183546 hands

in terms of raw materials, 150*150 ordinary carbon square billets in Tangshan were 3370 yuan, up 50 yuan from yesterday; The price of acid dry base iron concentrate in Tangshan was 1105 yuan, the same as yesterday; The price of secondary metallurgical coke in Tangshan was 1660 yuan, unchanged from yesterday

after the opening of the new year, the domestic steel market has risen for four days in a row, and the price has also increased significantly. However, from the perspective of the driving force of the overall price rise, the strong bullish expectation, the rapid rise of cost support and the formation of commodity price rise channels, the sharp rise in prices is still relatively rational. Although the trading volume fell day by day, the pressure on resources is still small, which is not enough to suppress the downward trend of prices

in terms of steel mills, Baosteel, a leading domestic steel enterprise, today has key speed regulation and experimental force displacement digital display. It has issued the price policy of carbon steel plate in February. 2. The plastic recycling granulator reprocesses the waste plastics in daily life and generates the plastic raw materials required by the enterprise. Among them, the hot rolling of the plant directly under the headquarters is increased by 160 yuan, the pickling is increased by 80 yuan, the general cooling is increased by 120 yuan, and the hot galvanizing is increased by 100 yuan, all excluding tax. This is the third consecutive month that Baosteel raised the plate price, and the price increase in February was intensified, indicating that Baosteel has strong expectations of continued bullish prices in the later period

the improvement of policy expectations and the increase in the support of raw material costs support the continuous rise of steel prices, which in turn drives up the raw material prices, increases the production costs of steel mills, and makes the ex factory prices of steel mills rise. The market enters a "spiral" circle of mutual promotion. Therefore, in the short term, the steel prices will continue to maintain a strong pattern, and the rise is still expected to continue to release

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