Noise got on New Year's "rides", the domestic leader Baosteel Group, has been "timely" in the pre-holiday rise of steel products in March of the ex-factory price, which seems to temporarily escape the cusp of public opinion. It is understood that the price of Baosteel's Heavy Plate will be raised by 200 yuan per ton, hot roll a maximum increase of 700 yuan per ton, pickling, cold rolled coils, hot dip galvanized, non-oriented silicon steel prices, such as increases in both.

    For this price adjustment, the joint metal mesh analyst Hu Yan-ping February 22 during an interview, said: "Overall, Baoshan Iron and Steel In addition to a comprehensive price increase in March sales of some steel varieties of good things, more important point is that Baosteel intends to The price adjustment up in February by the flat disk loss. "

    In fact, since the second half of 2009, Baosteel raised steel product ex-factory price for each would give rise to media attention. In January this year, product ex-factory price increases, the Baosteel and even labeled a "betrayal of national interests" such a hat. Thus, under all sorts of pressure, the main products of Baosteel last month was unexpected ex-factory price of the flat plate implemented the policy, while other steel companies Anshan, Wuhan and so on, or raise the price of steel. In contrast, the number of Baosteel, or suffered some losses.

    However, in the China Iron and Steel Industry Association conference years ago, industry information, the relevant people to speak publicly for the Baoshan Iron and Steel, and even behind their own pricing policy. "This statement more or less the price adjustment of Baoshan Iron and Steel has played an encouraging role." Hu Yan-ping, analysts say.

    Also to industry sources, the increasing cost pressure the price adjustment is to support Baosteel another important factor. It is reported that since January this year, steel production Quotes of the original fuel is still relatively strong, while the annual market for 2010 iron ore price of a long bullish trend in the Society more visible. "Cost pressures in the latter part of iron and steel production increased. Especially for a high degree of dependence of ore Baosteel, its nature from the costs to consider." Hu Yan-ping.

    In addition, the domestic steel market, in this post-Baosteel price increase, combined with the relatively high production costs hovered and international commodity good overall performance, market confidence will be further enhanced. However, HU Yan-Ping is worried: "The part of the variety of timely and high inventory concerns. If the Chinese New Year holiday period, the iron and steel production remained stagnant, while the sales, the main varieties of steel stocks rising trend of society will be further defined, so the pressure will be the Chinese New Year, after the supply of steel products problems on the market can not be avoided. "According to data provided by the joint metal mesh, at present, according to incomplete statistics, hot-rolled, thread stock, respectively, 5.13 million tons and 679 million tons, respectively, compared with an increase of 84 and 94 before the holiday tons. On the other hand, from the steel production situation, the China Steel Association data show that in late January of this year, the National day of crude steel output of 1.5932 million tons, a slight rebound in the middle of the chain.