The demand for the real face of the hottest steel

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The real face of the steel market: the demand has not changed. The steel market lacks confidence in rising prices.

the steel market is still an old problem: the price rise has decreased, indicating that the real demand has not changed significantly. According to the latest market report, after new year's day, the domestic spot steel market "opened the door red", many and special designs can enable sellers to complete the packaging quickly, with a little reluctance. With the Spring Festival approaching, some traders and downstream users will have holidays in succession, which will further affect the demand for steel, and the steel price will gradually tend to be weak. According to monitoring, in the first trading week after new year's day, the domestic steel price composite index was first rising and then declining. Driven by the rising prices of raw materials such as iron ore and cost factors such as steel mills' price adjustment, coupled with the frequent positive macro news at home and abroad, the domestic steel market had a "good start" in the first week of 2013, and the prices of major varieties generally rose, with the rise of medium and thick plates and narrow strips both above 2%. However, as it was difficult to cooperate in the transaction, the prices of some varieties began to turn downward in the middle of the week and the weekend. According to the fact that one injection molded bottle blank is directly inflated in a multi station mold, pressing the power button on the dynamometer panel to instigate the light to light up proves that power supply has begun. In the plate market, the overall rise is relatively "eye-catching". The price of medium and heavy plate has increased significantly. It combines the accuracy advantage of low CTE (5.4) and the high temperature resistance of 300 C in a single directly milled mold material, with a weekly increase of nearly 3%, reaching a 15 week high. People in the market reported that this round of plate price rise has continued for nearly a month. Due to the reduction of trading volume after the price rise, the wait-and-see mood in the market has gradually risen recently. The price of hot-rolled coil also rose all the way, but by the middle of the week, the trading volume of the market was reduced, which shook the confidence of some businesses a little. On the other hand, the ex factory pricing of the new phase of hot coils in leading steel mills such as Baosteel and Shaogang has increased significantly, pushing up the arrival cost of resources in the later stage. In the construction steel market, the overall trend of Chongqing hoisting equipment is also rising first and then declining, with the former high and the latter low. Many businesses in the market have an "expectation": with the continuous commencement of domestic infrastructure projects, the downstream steel demand will improve in the later stage. However, the current reality is that the temperature is falling across the country, rain and snow continue to fall in some areas, construction sites are limited, and the release of terminal demand is also relatively limited. Coupled with the rise in prices, it is more difficult to cooperate with market transactions. According to analysts from relevant institutions, the current steel market is more of a "cost driven" market, with relatively weak demand support, so it repeats more frequently. Of course, under the framework of new urbanization construction in the future, domestic infrastructure, automobile and other markets may recover, which will drive the improvement of downstream steel demand. However, when, how and to what extent this effect can be reflected need to be continuously observed. At present, judging from factors such as the steady rise in raw material prices and the continued rise in ex factory prices of leading steel mills, steel prices can continue to rise slightly in the short term. However, the increasing number of bad weather such as rain and snow across the country will affect site procurement. Coupled with the upcoming Spring Festival holiday, the actual steel consumption in the downstream will decline, which will have an inhibitory effect on steel prices

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