The data shows that in the 19th week of 2022, the price changes of 17 categories and 43 specifications (varieties) of steel raw materials and steel products in some parts of the country are as follows: The market prices of major steel products fluctuated and rose. Compared with last week, the rising varieties increased significantly , the stable varieties increased slightly, and the declining varieties decreased significantly. Among them, 23 varieties rose, an increase of 22 from last week; 12 varieties remained unchanged, an increase of 4 from last week; 8 varieties fell, a decrease of 26 from last week. The domestic steel raw material market fluctuated and consolidated, iron ore prices fluctuated slightly, coke prices fell steadily by 100 yuan, scrap prices rose steadily by 30 yuan, and billet prices rose by 20 yuan.
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At present, for the domestic steel market, the impact of epidemic management and control on the project progress and the manufacturing industry still exists, the process of destocking social steel stocks is relatively slow, and the situation of strong expectations and weak reality continues.
From the perspective of the supply side, due to the support of high costs, domestic steel production enterprises are more willing to support prices. At the same time, the end of the management and control of the iron and steel town Tangshan area, the steel mills in the area are willing to resume production, but due to the impact of low profits , the willingness of short-process steel production enterprises to resume production is not strong, and the short-term supply side will show a trend of steady recovery.
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From the perspective of demand, the national level is making every effort to promote the resumption of work and production in various places, and the progress of project projects has gradually improved. Under the guidance of strong expectations, the steel spot market during the May 1st holiday has ushered in a wave of obvious pull-up prices, but due to weak reality Due to the constraints of the market, the market transaction was tepid, and the price of steel also fell. In the short term, the domestic steel market will face the combined influence of “weak reality, high cost support, and strong expectations”, and the steel market will show a downward trend next week. It is predicted that next week (2022.5.9-2022.5.13) domestic steel market prices will fluctuate and adjust downwards.
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