Leading companies cut steel prices

Local intensive launch of the 13th Five-Year Plan to smash the target by 2020: The National Development and Reform Commission held a national video conference on the preparation of the “Thirteenth Five-Year Plan” on the 17th, and plans to plan the preparation of related work. The provinces immediately initiated the preparation of the local "13th Five-Year Plan". Under the economic downturn, the 13th Five-Year Plan will face the pressure to achieve the 2020 mission goals.

In the first quarter, the local GDP growth rate was higher in the west, lower in the east, relied on investment in the coastal transition: In recent days, first-quarter GDP data of various provinces were released one after another. From the point of view of the announcement, the growth rate of inland and coastal provinces was uneven, with the first quarter of Chongqing’s GDP. The year-on-year increase was 10.9%, Xinjiang increased by 10.2%, while the coastal Guangdong fell back to 7.2%, and Zhejiang even fell back to 7.0%.

New urbanization funds are hungry: local officials claim to “tighten the belts”: According to news from the high-level international forum on the 2014 China Urbanization concluded on the 20th, the National Development Bank will issue shank reform projects worth RMB 100 billion by the end of April. At the same time, CDB will speed up the establishment of the residential finance division and plan to set up a special project for the development of urbanization. This place is undoubtedly a shower of rain in places with large new urbanization design plans. According to the governor of the China Development Bank, from the perspective of feedback from various regions, the local demand for project start-up capital is very urgent.

[Steel and related information]

In the first three years of the “Twelfth Five-Year Plan”, China’s energy saving was approximately 350 million tons of standard coal: Xu Shaoshi, director of the National Development and Reform Commission, said on the 21st that the national unit GDP energy consumption and CO2 emission intensity were reduced compared with 2010. 9.03% and 10.68% of the total energy saving in the first three years of the “Twelfth Five-Year Plan” was about 350 million tons of standard coal, which is equivalent to reducing carbon dioxide emissions by 840 million tons.

Looking down on the construction steel leading enterprises to cut steel prices: Construction steel mill leading sand steel and Yonggang yesterday introduced steel prices in late April. The price in the current period was lower than that in the previous period, which was about 1.4%. Last week, Anshan Iron & Steel and Shougang Steel Co., Ltd., the domestic sheet metal company, introduced the pricing policy in May. The overall situation is mainly stable and weak. March to May is the peak season for steel products. The recent weak steel prices reflect that steel mills are not optimistic about the rebound of steel prices since mid-March, and are still mainly guaranteeing contract orders.

Coke prices fell back to levels a decade ago: From this year onwards, the “cold winter” of the domestic coke industry may have come. Jin Qiang, honorary president of the China Coking Industry Association, said at an industry conference recently held that the current minimum price for secondary metallurgical coke has dropped to RMB 800-900/ton, and it has returned to the level of a decade ago. At the same time as prices have dropped sharply, coke production is also falling sharply. According to the latest statistics released by the National Bureau of Statistics, in the first quarter of this year, the country’s coke production totaled 11.433 million tons, down 0.4% year-on-year. Among them, the production of coke in March was 38.32 million tons, a steep drop of 5.3% year-on-year. Details【Spot Steel Market Overview】 >>>

Yesterday (April 21st), domestic spot steel prices fell almost completely. According to the China Steel Spot Network () market monitoring, the average price of the national 3rd grade 25mm thread is 3356 yuan, down 11 yuan; the average price of 6.5mm high line is 3423 yuan, down 12 yuan; the average price of 5.5mm hot rolled coil is 3414 yuan , fell 14 yuan; 1.0mm cold roll average price 4123 yuan, down 5 yuan; 20mm plate average price 3493 yuan, down 6 yuan.

[Steel** Market Overview]

On April 21, the 1410 rebar contract opened at 3,252 yuan/ton in the last period and opened at a low level. The intraday volatility plunged, with a low of RMB 3,235/ton and a maximum of RMB 3,260/ton to close at RMB 3,235/ton. Compared with the previous trading day, the settlement price fell by 35 yuan/ton, a decrease of 1.07%. 1,428,492 lots were traded throughout the day, holding 2,030,240 positions and lightening 34,422 lots.

[Raw material market overview]

Iron Ore: On April 21st, the mine was weak and the outer mine fell. [Homemade Mine] Tangshan 66% Acid Dry Foundation Including Tax 970-980 Yuan, Wuan 63%-64% Alkali Wet Base Excluding Tax 790 Yuan, Beipiao 65-66% Acid Wet Powder Excluding Tax 650 Yuan, Jianping 65-66% acid wet powder does not include tax 680 yuan. [Imported] 58% Australian powder reported US$102.5, down US$1.0; 63.5% of India printed US$115.75 outside, down by US$1.50; 61% Au powder reported US$113.0, down by US$1.0; Platts Ore reported US$113.75. $1.5.

Billet: (April 21) On Monday, Tangshan Steel Billet price fell by 20 yuan in the morning. On April 22, Xinda tax was delivered to 2940 in the morning, Changli Hongxing and Xinglong were shipped in 2960, and the 20MnSi billet price was 2,970 yuan.

[spot market judgment on April 22]

Yesterday, the domestic spot steel prices fell across the board, and the market transactions were weak. Most of the merchants took the goods less than ideal. The fall in the price of raw materials is also a further layer of pressure on the spot market, which is enveloped by dark clouds. Market operations continue to focus on lower prices and shipments. It is expected that the domestic spot steel price trend continues today.

Rebar: 22nd Shanghai three-stage thread or down 10 yuan, Zhongtianxu 25mm thread steel reported 3280 ~ 3290 yuan; Guangzhou thread or weak, Handan Iron and Steel with the specifications reported 3500 ~ 3520 yuan; Changsha thread or down 10 yuan, with the specifications Ping Steel Lo offer 3480 ~ 3490 yuan; Beijing thread or down 20 yuan, Tang Steel thread reported 3140 ~ 3160 yuan.

Wire rod: On the 22nd, Shanghai HPB300 wire or weak stable, Zhongtian 8mm high line reported 3420~3450 yuan; Guangzhou wire or down 10 yuan, Handan Steel High Line reported 3350~3360 yuan; Changsha wire or consolidation, Ping Steel High Line reported 3430~3460 yuan ; Beijing wire or down 10 yuan, Hebei Iron and Steel High Line Price reported 3340 ~ 3350 yuan.

Plate: Shanghai plate or weak stability on the 22nd, steel 20mm plate quote 3510 ~ 3530 yuan; Guangzhou plate or shock, Shaogang plate offer 3690 ~ 3700 yuan, Changsha Pu plate or weak, Xinyu Steel plate offers 3590 ~ 3610 yuan; Beijing Puzhong board or adjustment, Tiangang with specifications offer 3350 ~ 3360 yuan.

Hot-rolled: Shanghai's HRC or down 10 yuan on 22nd, Q235 5.5mm sunshine heat reel 3340~3460 yuan; Guangzhou general volume or down 20 yuan, Liu Gang hot-rolled 3510~3530 yuan; Changsha general roll or down 10 yuan , Handan Iron and Steel Coil prices reported 3540 ~ 3550 yuan; Beijing Pujuan or adjustment, Shougang hot roll reported price of 3340 ~ 3360 yuan.

Cold plate: 22nd Shanghai cold plate or weak, Angang ST12/DC01 1.0mm cold plate volume reported 4120~4150 yuan; Guangzhou cold plate or steady, Anshan cold plate volume reported 4300~4320 yuan; Changsha cold plate or stable, Steel cold plate volume is 4050~4070 yuan; Beijing cold plate is stable, and Tanggang cold plate volume is 4300~4310 yuan.