Futures steel rose across the board! Steel prices can’t sit still?

1. The Ministry of Industry and Information Technology and other four departments issued the implementation plan for carbon peaking in the building materials industry
At present, environmental protection problems are still serious. In order to ensure that the building materials industry achieves its carbon peak by 2030, the four departments will work together to deepen the supply-side structural reform, control the total amount, improve the comprehensive utilization rate of resources, innovate low-carbon technologies, and comprehensively improve the building materials industry. Green and low-carbon development level. After the beginning of winter, winter production restrictions are put on the agenda again, and the building materials industry bears the brunt of the impact. The output of steel companies will be affected, and the market supply will continue to decline.
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2. The production of steel enterprises has decreased, and the inventory has decreased
Steel prices are at a low level after continuous declines, the profits of steel companies have declined, and their enthusiasm for production has weakened. In addition to the traditional off-season of steel consumption in November, demand continues to remain weak. With the increase of steel enterprises to stop production and maintenance, the market supply has dropped. However, the global economic environment is sluggish, the domestic economy is recovering slowly, the demand for steel is weak, and the merchants are not optimistic about the future expectations, the market is not willing to replenish the warehouse, and the strong supply is weak. The problem of demand is difficult to solve in the short term, and the overall price of steel is bad.
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3. Cold air strikes, affecting outdoor construction
As the weather in the north is getting colder and colder, various regions have begun to accelerate the winter process, heating has been turned on one after another, the off-season effect of the steel market has emerged, and the progress of outdoor construction projects has been limited, affecting the demand for steel. Coupled with the slow economic recovery in the fourth quarter, it will take more time for infrastructure investment to land, and there will be pressure on the demand for steel to pull back in the off-season, which will suppress steel prices.

4. Coal Industry Association: Make every effort to ensure the stable supply of coal and the smooth operation of the economy
After the beginning of the winter solar term, the temperature in the north has dropped sharply, and heating has been turned on in many places, increasing the demand for coal. In order to stabilize coal prices, the Coal Industry Association has made every effort to ensure a stable supply of coal. The loss rate of enterprises is reduced, which is bad for the price trend of steel.
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Entering the winter, the Ministry of Industry and Information Technology and other four departments jointly take action, and environmental protection management and control may be upgraded to ensure the smooth completion of the carbon peaking goal. As heating is turned on in many places in the north, the demand for coal has increased, and coking coal and coke led the rise in the black line, driving the rise of future snails and future volumes. Under the guidance of news stimulation, the operating sentiment of merchants may be boosted, but considering the weak demand The reality exists, the amount of replenishment is limited, and it is expected that the price of steel will increase steadily in the short term.