Crude steel output fell again, rising steel prices.Yesterday, including Shagang and Wuhan Iron and steel, many steel mills raised the price of some products.Released last Friday statistics,7Month national crude steel output of 65470000 tons, three consecutive months of decline and a low hit a year of crude steel nissan.
Average daily output of crude steel in March with
Entered in July, the domestic steel market supply shortages news came from time to time, the steel parts is the emergence of the phenomenon of the shortage of.
In August 9th, the National Bureau of statistics released data show, July national crude steel output of 65470000 tons, average daily output of 2112000 tons, since April has declined in March.Notable is, in 5, data for June, the decline in July increased further, the 2112000 tons of data also hit a low year crude steel nissan.At the same time, enter July key steel enterprises production is gradually falling trend.Among them, the key enterprises in late July crude steel Nissan 1673000 tons, year decline of 2.16%; and the prediction of crude steel Nissan 2084000 tons, 46000 tons reduction, ten days were down 2.67%, again fell below 2100000 tons mark.Analysts said, 1-6 month of iron and steel industry profits down month by month, June is the emergence of the waning industry situation, sustainable profit coupled with the recent environmental protection and high pressure, so many steel production maintenance, led directly to the output in July fell.
Steel enterprises have raised ex factory price
And crude steel output continued to decline in contrast, after falling steel prices for several months in July out of the wave of rising prices.The measured data related agencies display, as of yesterday, the composite steel price index closed at 3390 yuan / ton, since July 1st the cumulative increase 260 yuan / ton, or up to 7.42%.
Spot market prices continued to rebound recent steel price enthusiasm, since July, many steel mills and steel trading companies have raised prices.Yesterday, many steel mills including Shagang and Wuhan Iron and steel, ex factory price increases.Wherein, Shagang a slight increase in mid August the price of building materials, steel prices have been rising for 4 years, wire and plate prices flat; Wuhan Iron and steel has increased its September board of the ex factory price, the main varieties of hot rolling, cold rolling, pickling, steel increase rate of 100 yuan / ton.
Analysts said, declining production and inventory to make steel market supply decline, after the severe situation of pile up in excess of requirement to stage ease, prices to continue to rise.
In July the macroeconomic data released last weekend, bureau of statistics, the CPI rose 2.7%, lower than expected inflation pressure; above scale industrial added value grew 9.7%, relatively on the month rose 0.8 percentage points; in addition, the PPI 2.3% year-on-year decline, decline narrowed by 0.4 percentage points, signs have appeared to stabilize stabilized.
Analysts think, gradually stabilize macroeconomic, and may have been steady growth policy, compared to all the industry "winter period, the first half of the" steel city in the first half of a modest rise.As the weather turns cool, infrastructure construction will also speed up the second half of the year, shanty towns transformation and railway infrastructure investment will increase in steel demand, steel prices in future further rebound in space.