On August 13, the spot market of domestic steel raw materials was relatively weak and a few varieties remained stable. Among them, the spot market for imported iron ore continues to decline, domestic spot market for ferric fines fluctuated slightly, the billet market remained basically stable, the coke market stabilized and stabilized, and the shipping market continued to decline.
Specifically, the imported iron ore market is weakening again today. Both the external disk market and the domestic port spot market have experienced a slight decline. With the lowering of the Baosteel's ex-factory price on Friday, the steel market has a more bearish atmosphere, and the business mentality has once again tended to increase. Weak, the market price of imported iron ore once again weakened. The pessimistic atmosphere in the current market has intensified and transactions have continued to be light.
In domestic mines, the domestic iron concentrate market fluctuates slightly today, among which the market price of iron powder in Hebei Province has risen by a certain amount, rising at RMB 10-20/tonne; the prices of iron powder in some markets in Northeast China have slightly declined, falling by 5 – 10 yuan/ton. At present, the mentality of the iron powder merchants is not stable, and the purchase price of iron powder has been lowered by individual steel mills. The market turnover has been relatively deserted.
Today, the domestic billet market is basically stable. Among them, the market price of Tianjin dropped slightly, with a drop of RMB 20/t; Wu'an market increased slightly by RMB 10/t. Tangshan billet prices continued to stabilize this afternoon. As the limited production and maintenance of steel mills gradually increase, it has a certain supporting role to the market, but the current downstream demand is still weak, and inventory has increased slightly, and the billet market may continue to consolidate in the short term.
Today's domestic spot market for coke stabilized and stabilized. Except for a slight decline in individual market prices, the rest, including port prices, stabilized. Among them, Tangshan, Handan, Fushun and other markets, coke prices fell by 50-70 yuan / ton. The purchase price of coke from individual steel mills is still under pressure; among them, today's new Fushun Steel Co., Ltd. purchase price of coke is lowered by RMB 30/t. With the gradual increase of production in the later period, the demand for coke will continue to decrease. In the short term, the coke market will continue to decline.
Today's scrap market price is weakening and some market prices fluctuate slightly. Among them, the price increases in Guangzhou and Foshan markets are all at RMB 30/t; Wuyang market prices have fallen at RMB 30/t. At the same time, a small number of steel scrap purchase prices continue to decline, a drop of 30-50 yuan / ton. At present, the market performance of the scrap steel has improved slightly and the market transactions have been general.
Today, the steelmaking pig iron market in China is weak, among which Maanshan, Zibo, Linfen, Kunming and other markets have fallen, dropping by RMB 20-50/t. Due to the economic slowdown at home and abroad, the demand for the pig iron market has been gradually reduced, coupled with poor market transactions. Manufacturers' inventory has gradually increased and the pressure on shipments has been high. The short-term steelmaking pig iron market will continue to decline.
In terms of shipping, the shipping market continued to decline on the 10th, of which, Brazil-China sea freight was US$17.650/ton, down US$0.093/ton (15-18 million tons); Western Australia-China sea freight was US$6.783/ton, down US$0.121. / Ton (15-18 million tons); The decrease in the above two varieties has increased from the previous day. At the same time, as the Panamax-Channel-type shipping index continued to decline, the BDI index continued to fall on Friday, falling by 16 points, or 2%, with a slight contraction from the previous day.
Specifically, the imported iron ore market is weakening again today. Both the external disk market and the domestic port spot market have experienced a slight decline. With the lowering of the Baosteel's ex-factory price on Friday, the steel market has a more bearish atmosphere, and the business mentality has once again tended to increase. Weak, the market price of imported iron ore once again weakened. The pessimistic atmosphere in the current market has intensified and transactions have continued to be light.
In domestic mines, the domestic iron concentrate market fluctuates slightly today, among which the market price of iron powder in Hebei Province has risen by a certain amount, rising at RMB 10-20/tonne; the prices of iron powder in some markets in Northeast China have slightly declined, falling by 5 – 10 yuan/ton. At present, the mentality of the iron powder merchants is not stable, and the purchase price of iron powder has been lowered by individual steel mills. The market turnover has been relatively deserted.
Today, the domestic billet market is basically stable. Among them, the market price of Tianjin dropped slightly, with a drop of RMB 20/t; Wu'an market increased slightly by RMB 10/t. Tangshan billet prices continued to stabilize this afternoon. As the limited production and maintenance of steel mills gradually increase, it has a certain supporting role to the market, but the current downstream demand is still weak, and inventory has increased slightly, and the billet market may continue to consolidate in the short term.
Today's domestic spot market for coke stabilized and stabilized. Except for a slight decline in individual market prices, the rest, including port prices, stabilized. Among them, Tangshan, Handan, Fushun and other markets, coke prices fell by 50-70 yuan / ton. The purchase price of coke from individual steel mills is still under pressure; among them, today's new Fushun Steel Co., Ltd. purchase price of coke is lowered by RMB 30/t. With the gradual increase of production in the later period, the demand for coke will continue to decrease. In the short term, the coke market will continue to decline.
Today's scrap market price is weakening and some market prices fluctuate slightly. Among them, the price increases in Guangzhou and Foshan markets are all at RMB 30/t; Wuyang market prices have fallen at RMB 30/t. At the same time, a small number of steel scrap purchase prices continue to decline, a drop of 30-50 yuan / ton. At present, the market performance of the scrap steel has improved slightly and the market transactions have been general.
Today, the steelmaking pig iron market in China is weak, among which Maanshan, Zibo, Linfen, Kunming and other markets have fallen, dropping by RMB 20-50/t. Due to the economic slowdown at home and abroad, the demand for the pig iron market has been gradually reduced, coupled with poor market transactions. Manufacturers' inventory has gradually increased and the pressure on shipments has been high. The short-term steelmaking pig iron market will continue to decline.
In terms of shipping, the shipping market continued to decline on the 10th, of which, Brazil-China sea freight was US$17.650/ton, down US$0.093/ton (15-18 million tons); Western Australia-China sea freight was US$6.783/ton, down US$0.121. / Ton (15-18 million tons); The decrease in the above two varieties has increased from the previous day. At the same time, as the Panamax-Channel-type shipping index continued to decline, the BDI index continued to fall on Friday, falling by 16 points, or 2%, with a slight contraction from the previous day.
Woven Wire Mesh,Chicken Wire Netting,Chicken Wire Fencing
Gabion,Welded Wire Mesh Co., Ltd. , http://www.nsweldedwire.com