The hottest steel price is expected to strengthen

Steel prices are expected to increase in the aftermarket, and the contradiction between supply and demand in the domestic market is prominent.

since February 20 this year, the state has adjusted the railway freight rate, with an average increase of 0.015 yuan per ton per kilometer; Since February 25, the state has raised the price of refined oil, with gasoline and diesel rising by 300 yuan for the next stage/ton and 290 yuan/ton respectively. At the beginning of March, the social inventory of five kinds of steel in major cities across the country increased by 8.1 million tons over the end of 2012, including 6.35 million tons of rebar and wire rod inventory, accounting for 78.5% of the total increase, an increase of 98.8% over the end of the year

the China Steel Association issued a monthly analysis report on March 15, pointing out that February was the low season of domestic steel market consumption, and the rise in steel prices was mainly due to the impact of enhanced aftermarket expectations, increased steel replenishment efforts by distributors, and the rise in the price of raw and fuel materials such as iron ore. With the warmer weather, the steel market demand will gradually start; However, due to the rapid release of production capacity, the rapid increase of steel inventory and other factors, the contradiction between supply and demand in the domestic market is still prominent, and the steel price in the later market is facing downward pressure. On the other hand, social inventory increased significantly, which had an impact on the later market

the statistics of CISA showed that as of the end of February, the CSPI steel composite price index of CISA was 111.12 points, with a month on month increase of 2.99%, which was the second consecutive month on month increase; The quality of year-on-year production reduction is not good or bad, with a range of 6.20%. Among them, CSPI long timber index was 113.29 points, with a month on month increase of 3.49% and a year-on-year decrease of 7.37%; The plate index was 111.85 points, with a month on month increase of 3.17% and a year-on-year decrease of 3.80%. With regard to the main issues that need to be paid attention to in the later market, CISA pointed out that the current steel production level is on the high side, and the market is still in a situation of supply exceeding demand. In the first two months of this year, the country produced 125.45 million tons of crude steel, an increase of 10.6% year-on-year, with an average daily output of 2.163 million tons, the highest level in the same period in history

Huaxia mold experts admitted that the price of production factors is rising, and the cost pressure of steel enterprises is increasing. In the same period, the prices of eight steel products monitored by CISA continued to rise, including high-speed wire rod and screw thread steel, which increased by 152 yuan/ton and 168 yuan/ton month on month respectively; The price increases of hot-rolled coil, cold-rolled sheet and galvanized sheet were also higher than that of last month, so it created a more sustainable future, with a month on month increase of 136 yuan/ton, 145 yuan/ton and 97 yuan/ton respectively; The price increases of angle steel, medium and thick plate and hot-rolled seamless steel pipe decreased compared with the previous month, rising by 80 yuan/ton, 134 yuan/ton and 26 yuan/ton respectively month on month