Industry News

The building materials market in Harbin fell slightly. The market transaction is generally, and the large-scale shipments are about 900 tons, which is basically the same as yesterday.

According to the information on the resumption of mine production in Brazil, early on April 16, local time, Vale has been authorized by the judge to resume the use of the Brucutu dam, which will have an impact on the market. In general, with the gradual warming of the weather, the pressure on the stock of strip steel is not large, but the output is gradually increasing. After entering the second quarter, the market focus of strip steel will turn to the speed of downstream demand release and its inventory changes. The release of steel mill output is directly related to whether the supply and demand relationship can be balanced. If demand does not show a year-on-year increase in April, then it will be Unable to support steel prices out of the medium and long-term rising market. On the whole, it is expected that the price of strip steel will be mainly sorted in a narrow range in the short term.

Handan medium plate prices fell slightly. According to the monitoring data of Lange Steel Cloud Merchant Platform, 16-25mm general board is 3600 yuan in Puyang (ton price, the same below), Jigang 3600 yuan, Yuanbaoshan 3590 yuan, Jinding 3590 yuan, the price dropped 40 yuan compared with yesterday .

The shock pattern may remain in the near future. According to statistics, as of May 10, the social inventory of rebar was 6.5243 million tons, down 552,700 tons from the previous month, the steel mill inventory was 2.0957 million tons, up 12,000 tons from the previous month; the social stock of wire rods was 1.9965 million tons, down 129,700 tons from the previous month. The inventory of steel mills was 585,800 tons, an increase of 1,400 tons from the previous month; the social inventory of hot-rolled coils was 2,210,200 tons, a decrease of 74,900 tons from the previous month, and the inventory of steel mills was 958,100 tons, a decrease of 9,000 tons from the previous month.