Mysteel Sankei Lunch: Steel Price Volatility Is Strong, Finance Minister Reveals These Important Signs | Ministry of Finance_Sina Finance_Sina.com



[ad_1]

Original title: Mysteel Sankei Lunch: Steel prices fluctuate sharply, the Minister of Finance reveals these important signs

Construction steel

On the 14th, Shanghai Building Materials temporarily opened in the first operations. Now Thread 3490-3520, Shente 3520, Xicheng 3530 earthquake, other 3400-3430, Xingxin 3440 earthquake, Lianxin Huanghai 3450 earthquake, Panluo 3500-3650, ASIMCO 3420 high speed.

On the 14th, Beijing’s building materials prices were basically stable, including Hegang’s 3560-3580 small thread, 3470-3490 large thread, and 3710 disc screw.

►Hangzhou Building Materials

On the 14th, Hangzhou Building Materials was operating constantly on the 14th, and the transaction was normal in the first operations: Luosha 3570, 3550, Xicheng 3520, Zhejiang Huahong 3470, Jiangsu Binxin 3470, up to 3550 seismic cable, Zhongtian 3690 , Yaxin 3550, Lianxin Huanghai Panlu 3600

► Guangzhou Building Materials

On the 14th, the price of construction materials in Guangzhou remained stable in the first operations: Shao Line 3890 Guang 3790 Yue 3810 Xiang 3820 Jiujiang 3660; Shao Luo 3820 Xiang 3820 Guangdong 3810 Guang 3780 Huamei 3790

►Jinan Building Materials

On the 14th, the prices of Jinan building materials were stable. Laigang 3600 thread, Yongfeng and Shiheng 3590 thread, Yongfeng and Shiheng 3750 disc screw.

► Chongqing Building Materials

On the 14th day, Chongqing Building Materials remained stable, reaching 3750 steel thread, 3730 high speed wire, 3790 coil screw, Yonghang 3690 thread, 3730 coil screw

Note: from 12:00 in some citiesReinforcing barsHigh, line prices

Cold rolled

► Shanghai hot rolled

Shanghai early trade 14Hot rollThe price is temporarily stable. The current main transaction is 1500 Pu 3390-3410 yuan / ton, 1800 reported 3500-3520 yuan / ton; 1500 manganese 3510-3530 yuan / ton, 1800 reported approximately 3610 yuan / ton, 2.75Q235 reported 3510-3520 yuan / ton, 2.75SPHC reported about 3450 yuan / ton

►Lecong hot rolled

On the 14th, the hot volume of Lecong increased by 20, more than 4.75 Pu Liuyansha 3480-3500, 2.75 Pu 3520-3530, manganese volume 3630-3640

►Jinan hot rolled

On the 14th, the Jinan hot coil price was temporarily stable. Currently, the average volume for China Railway, Thai Steel and Baotou Steel is reported to be 3460 for 5.5mm and 3600 for low alloy coils.

► Beijing cold rolled

On the 14th, the price of cold rolled steel in Beijing was stable, with Shougang 1.0mm coil 3870, 2.0mm coil 3810, 1.0 saddle box 3900, and the transaction was average.

►Wuhan cold rolled

On the 14th, Wuhan cold rolled prices increased by 30, 1.0 Wuban 3970, 3.0 plate 4430, 1.0 Baosteel Qingshan Coil 3850.

► Chongqing cold rolled

On the 14th, Chongqing’s cold-rolled prices were temporarily stable, and some specifications were in short supply.

Note: starting at 12:00, hot and cold coil prices in some cities

Special steel quotes

►Hangzhou structural steel

In the early trading of the 14th, Hangzhou U-steel market added 20. Current current prices above 45 # Φ30 are Hang 3670 Huai 3670 South 3650, Yuanli (Straight Hair) 3670 Zhongtian 3650 Dongfang 3650, 40Cr Hang 3880 Huai 3910; Chrome Molybdenum 4280 Gear Laigang 4020

►Water drawing material for sea salt

On the 14th, Haiyan wire drawing main price was stable, Q195 West China 3550 Jiujiang 3550 Cast Pipe 3590, Q235 Jiujiang 3570, 1006 North Taiwan 3540

Cargo market

► Steel billet

On the morning of the 14th, billet billows were raised by 10 straight hairs, and the mainstream of storage stocks reported 3,270 tax exports, some of which were negotiated. Prices of finished materials tended to adjust, and overall transactions were generally acceptable.

► Imported

On the 14th, the spot market prices of imported mining ports were temporarily stable in the first operations, and now PB powder 675-689, PB block 811-833, Yang Di powder 585-600, Chao Tefen 544-560 . (Unit: Yuan / wet ton)

► Scrap

On day 14, the waste is stable, waste 2280-2320, load 2190-2230, heavy waste 2060-2120, medium waste 1920-1960, small waste 1720-1780 light waste 1590-1650 uniform waste 1570-1610 oil waste 1540 -1580 not including taxes

► Cast iron

On the 14th, the nationwide steelmaking pig iron remained stable and the transaction was relatively good. Manufacturers basically had no stock. Xiangfen 2700 Yicheng 2750 Wu’an 2680 Tangshan 2690 Laiwu 2720 Linyi 2700 Zibo 2760 Fujian 2820 Inner Mongolia 2700 Kunming 2800 Xinjiang 2600 Liaoyang 2750 Hubei 2780.

Futures market

Note: Starting at 11:30, the main price of the black commodity futures contract

Original Selection

►Mysteel: 14th Tangshan Steel City Express (click here for details)

►Mysteel: Sustainability analysis of steel imports (click for details)

Reading news

► Finance Minister Liu Kun People’s Daily wrote: Positive fiscal policy should be more active and promising

The article notes that proactive fiscal policy in 2020 should be more active and promising, vigorously improve quality and efficiency, increase countercyclical adjustment efforts, do a good job of “six stability”, fully implement the task of “six guarantees “and guarantee the completion of the decisive battle to overcome poverty. Address the objectives and tasks and build a well-to-do society in a comprehensive way. >> Click for details

► Notice about printing and distribution of Tangshan Municipal People’s Government “13 measures to” withdraw ten “

The specific content of the notification includes several aspects: 1. Clarify the “three sets”, establish the objective, establish the task, establish responsibility; 2. Retreat to the city and relocate, before the end of June, the Tangshan headquarters and the original Tang Yin site are closed, etc. 3. In late November, the provincial steel, coal,Coke1. Task to reduce thermal energy production capacity. >> Click for details

►Fuzhou plans to build a 25 million-ton steel industry group

There are 9 key projects proposed in the plan, with a total investment of 68.32 billion yuan, including Baosteel Desheng, Luoyuan Minguang, Yixin Iron and Steel, Dadonghai, Fuzhou Wuhang Iron and Steel, etc. Five business transformation and improvement projects Taiming New Century Technology Co., Ltd. color stainless steel wide plates oxidation dye project stainless steel rolled plates project and Fujian Desheng Energy gas project energy saving and emission reduction project for Baosteel Desheng and Fujian Dadonghai Co. project. >> Click for details

► The impact of the epidemic gradually decreased. Baosteel said the industry situation is not yet optimistic.

Wang Juan, Chief Financial Officer and Secretary to the Board of Directors of Baosteel, admitted at the performance briefing that, despite this, the future situation of the steel industry is still not optimistic, and the biggest limitation is supply. Since the second quarter, with the start of demand, the operating rate of electric furnaces and the amount of long process scrap have increased significantly. With the increase in future supply, the industry may face high inventory operations over a longer period of time, which will restrict the upward price of steel. >> Click for details

► Since the beginning of this year, more than 2 trillion local government bonds have been issued

As of May 13, local government bonds issued a total of 2.092.749 billion yuan since this year. Among them, 1954.8122 million yuan have been issued since May. According to statistics released by various regions, there are still 193.5962 billion yuan in local bonds to be issued from May 14 to 20. At that time, the issuance scale in May will reach 389 billion yuan, far exceeding the scale of 286.76 billion yuan in April. >> Click for details

► Stock prices fall and earnings fall, foreign steel companies are sad in recent days

ArcelorMittal’s share price fell 16.2%, with a net loss of 7.95 billion yuan in the first quarter; ThyssenKrupp: Net loss increased 5 times from January to March; South Korea Posco’s first-quarter earnings fell sharply by 44% yoy In the first quarter, the company’s net profit fell sharply in the United States; Tata Steel’s British subsidiary sought emergency government assistance; and Japan Steel’s capacity utilization rate fell to 60% from April to June. >> Click for more details

[ad_2]