Relative to the same period in 2012, the
level of steel prices this year as a whole compared to last year were
down 200 yuan / ton; peak of the first half of last year, steel demand for the
release in late April to May, so it seems that this year should be according
tolikely go with the original track; specific point of view, we believe that
steel prices this month to usher in a real rebound, you may need to explore
from the following aspects.
Enter mid-March, the market reaction
turnover improved, but by the author's observation, the downstream buyers
become very cautious, multi-demand procurement, rarely concentrated replenishment;
description of this stage downstream sectors of the steel market has always
held a cautious wait-and-see attitude. In fact, with the nearly two years since
the global economic slowdown, the steel industry and downstream industry boom
of the obvious fall in the raw materials and other cost control more strictly,
the downstream industry is too concerned about the changes in the steel market,
further forcing steel post cast more tangled. In this way, the actual demand if
there is no real release, depends on expectations has been difficult to easily
pry the big changes in the steel city.
From Steel Association released the latest
data show that until the end of the end of March, the key steel enterprises
internal steel stocks fell about 800000-13700000 t, amounting to ten days for
the first time to drop, while at the same time last week, the social stock of
steel continuous the third week dropped to 21.62 million tons; inside and
outside the steel stocks double down; greater amount of end demand for the release.
Ching Ming Festival, this acceleration to the inventory may further increase
the high probability event. So for a long period of "price
depression" steel market, pull up the grounds, after the festival,
sufficient to illustrate this point, the businesses active pull-up will
significantly enhance the performance of the market.
From the General Administration of Customs
recently latest data show that in March China's steel exports 5.28 million
tons, an increase of 4.97%; 1-3 months of total exports of 14.43 million tons
of steel, an increase of 18.8%. In March, China imported 1.23 million tons of
steel, down 3.15%; 1-3 months of total imports of 3.23 million tons of steel a
year-on-year decline of 5.3%. In March, China's imports of iron ore was 64.55 million
tons, an increase of 2.67%; imported a total of 186.48 million tons of iron ore
in 1-3 months, unchanged from the same period last year. - March, China's steel
export volume is the highest since 21 months, the focus is also broke the 500
million tonnes mark.
Generally speaking, China steel prices will
have some changes in this month, but the key factors should be decided by the
trends of economic. And we can be sure, according to the rising of economic,
the demand of steel will rise, like steel plate, steel coil, galvanized steel,
and galvanized angle iron will get more
demand in the next month.
