Steel frequent price adjustment, iron ore prices is expected that the spot market prices continue to rise. Steel by early March of 3800 yuan / ton up to the present 4,700 yuan / ton, the highest increase has been close to 1,000 yuan / ton. Yesterday (April 13) data show that the domestic steel market was slightly higher vibration state, the shock of the rebar futures order, to 0.23% late rate of income rose 4,881 yuan / ton.
According to statistics, last week in major varieties of steel prices continue to rise sharply, led the long position in the timber species, including the high wire and rebar gains were more than 3%.
"At present, the main driver of rising steel prices is that iron ore prices." Interview several people said. According to reports, the current spot price of imported iron ore is 172 USD / ton, Japan, Korea and other steel enterprises deal with the three major ore mine is 120 dollars / ton, imported stock Quarter long association mining ore and post about 50 U.S. dollars / ton steel price increase after another into the ground.
Steel price adjustment for the frequent change monthly price adjustment. March 15-April 10, Hebei Iron and Steel [5.24 0.38%] Group 3 increases construction steel prices, high line accumulated up 400 yuan / ton to 4,500 yuan / ton, total screw up 500 yuan / ton to 4,600 yuan / t; Sha Steel Group from March 11 to April 11, rebar ex-factory price by the 3900 yuan / ton raised to 4550 yuan / ton, the cumulative rise 650 yuan / ton wire prices from 4050 yuan / ton raised to 4650 yuan / ton, up 600 total / ton.
Steel price increases that market activities. Thunderstorm, according to Lange Steel analyst briefing, most recently, the Beijing market and trade large steel shipping at least 1,000 tons daily average over a good business transaction can reach 2000 tons daily shipments, and even 3,000 tons.
However, the Beijing Capital Trade Co., Ltd. Hengda Duzhen all worried that lower steel prices far beyond the scope of the user's mental endurance. Du Zhen-chuan believes that the current transaction is concentrated mainly among the traders, much lower volume end users, "In fact, the stock trader in Beijing are high, although the decline, but did not fall too fast."
"Negotiated iron ore may result in steel prices after the crash." Duzhen all took the calculator side of the operator side of the "Daily Economic News" reporter, "said the spot ore imports and quarter long association mining post about 50 U.S. dollars per ton, Even at the lowest conversion ratio of 1:6 to be converted into RMB 300 yuan per ton also, traders who can withstand such a loss? if steel prices are really down 300 yuan per ton, there will be no large number of traders Costly return. "
Analysts horsepower that the market trend in the short term prices will not change. Also the trade, steel market inflection point may appear in the May.
