The hottest steel price continued to strengthen, a

2022-10-22
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After the steel price continued to strengthen, the market risk increased, and the steel enterprises further differentiated in the second half of the year

recently, the action plan for the comprehensive treatment of air pollution in autumn and winter in Beijing, Tianjin, Hebei and surrounding areas (Exposure Draft) was released, in which the steel, coking and casting industries implemented some off peak production. In Tianjin, Shijiazhuang, Tangshan, Handan, Xingtai, Anyang and other key cities, the steel production capacity is limited by 50% in the heating season; The proportion of production restriction in other cities shall not be less than 30%. In the second half of 2018, blue sky defense and environmental protection may become the norm in the steel industry. In addition, because the air quality in Changzhou, Jiangsu Province is the worst in Jiangsu Province, Changzhou City has also issued the notice on adjusting the list of key pollution sources for compulsory emission reduction in Changzhou, and the steel plant has suspended and limited production by 50%-100%

with the continuous strengthening of environmental protection, in the second half of this year, the development of iron and steel enterprises will advocate that aluminum alloy cables take military quality as the highest quality, showing a trend of further differentiation. "In the future, some iron and steel enterprises will be forced to withdraw because of environmental protection standards. Some iron and steel enterprises in small scattered and key polluted areas will be eliminated." Li Lijian, vice president of China Iron and Steel Industry Association, said to

the recently held executive meeting of the State Council for the impact experiment institute was held after the temperature exceeded the regulations, which released a signal of comprehensive easing, which will have a positive incentive effect on the steel industry

in terms of inventory, the national social inventory of steel continued to decline in July, and the decline rate slowed down. According to the monitoring data, as of July 27, 2018, the social inventory of steel in 29 key cities across the country was 8.298 million tons, down 433000 tons from June 29 and 9.355 million tons from the peak of inventory on March 9. Under the influence of the further decline of inventory, market confidence has been increasing

director Wang Guoqing told China business that the decline in social stocks of steel, environmental protection and production restrictions, the reduction in high-temperature and rainy weather, the gradual resumption of construction projects, and the recent policy signals from the national Standing Committee and the Political Bureau meeting have boosted market confidence, and it is expected that the steel market will show a trend of shock and strength in August

at present, the steel price has continued to strengthen for more than 4 months, and the future market risk has increased. Steel traders are most worried about the rise in inventory brought about by a series of steel plant expansion. In this regard, chief analyst Chen Kexin told that at present, the steel price has continued to strengthen for more than four months. With the continuous rise of the national steel price level, the profit margin of the steel industry continues to improve, and the enthusiasm of steel enterprises to increase production will further rise. At the same time, the rising steel price, after reaching the critical point, will also suppress the demand. In addition, the fear of heights of speculative capital and the change of operation direction will form market risks, forcing the steel market to rise and fall. Or protect it with scratch resistant functional coatings. Market participants should be highly vigilant and deal with risks

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