According to customs statistics, in February 2010 China imported 1.14 million tons of steel, up by 6 million tons, up 5.6%, ring than in a reduction of 21 tons; exported 2.49 million tons of steel, up by 93 million tons, up 59.6%, ring than to reduce 40 million tons. 1-2 months of imports of China's total crude steel 2.73 million tons, up by 21 million tons, up 8.5%; exports of crude steel 5.73 million tons, an increase of 2.04 million tons, an increase of 55.3%; net exports of crude steel capacity 3 million tons, up by additional 1.83 million tons.
    This week (3.4-3.11) domestic steel city to continue to increase. The near term, with the foreign ore, coal and other raw materials prices is expected to become stronger and stronger, steel futures market also appeared heavy volume up, so most cities in the warmer temperatures of the environment, thinking up the mood further release, at the same time Steel also have started brewing up, and the mainstream of the current market price formation of each other to promote the pattern. Slightly pulled this week, the domestic building materials, hot and cold as well as the continuation of a good rally in the board. As follows:
    Up from the Italian steel varieties of information network to monitor steel price index analysis, as of March 11, 11 varieties of composite index 143.3 points, up 2 points last week. All 11 varieties of rose, the price index and the specific circumstances are as follows: φ18-25mm rebar price index 156 points, up 2.3 points last week; φ6.5mm high-speed wire price index 161.9 points, up 2 points last week; 6.0 mm thick plate price index 151.9 points, up 2.6 points last week; 1.0mm cold plate price index 140.4 points, up 2.3 points last week; 0.5mm galvanized sheet price index 103.2 points, up 0.7 points last week; 25 channel steel price index # 142.8 points, up 1.8 points last week; 36 # I-steel price index 138.2 points, up 1.6 points last week; φ50mm excellent carbon-round price index 159.4 points, up 1.9 points last week; φ40 WELDING Tube price index 145.8 points, up 1.4 points from last week; 2.75mm hot rolled price index 141.1 points, up 3.5 points from last week; φ219 seamless pipe price index 136.2 points, up 1.5 points from last week.
    Wire Rod, Rebar: This week is the beginning of the national building materials market rally. Ended March 11, meaning up to steel information network to monitor the nation's major municipalities, provincial capitals, cities Φ6.5mm average price of high-speed wire 3935.2 yuan (per ton, same below), Φ18-25mm rebar average price of 3889.1 yuan, compared with Last week, were up 49.6 yuan and 57 yuan. Around the market, the Shanghai-Nanjing-Hangzhou in East China market was slightly pulled up by futures electronic trading price of a continuous upward to actively promote, dealers think up a long set of psychological increasingly apparent and support the emergence of local Quotes upward, despite the warmer, but the demand side However, among the many local businesses down goods, the overall stock market does not appear significantly decreased. Close to the weekend, Shanghai 6.5mm high speed wire 3970 yuan, Shanghai Bao-18-22mm thread 3710 yuan, up 50-90 yuan (last week, the same below); Hangzhou Yong-wire 4030 yuan, Lo 3900 yuan, up 70-130 yuan . The north, central and western areas such as positive with inflation, increases by a leading Shanghai market driven pull up around the business moves very quickly, while higher steel cost price on the market waiting for an opportunity to actively support the formation. Wuhan, Hubei steel wire is now 4010 yuan, 3950 yuan thread, up 100 yuan; Beijing Shougang pileare in 3910 yuan, 3950 yuan, up 90-100 yuan; Chengdu, Chongqing and wire for 3980 yuan, 4080 yuan thread, up 40-60 yuan. Latter case, the following will be the formation of the impact of domestic construction materials market operation: first, the iron ore talks are underway tough see-saw, China's steel prices on the 40% to 50% of the gains were difficult to accept, sources said that the three Mine has made 80% or even 90% of the gain requirements. Second, in February in 70 cities housing sales price rose 10.7%, or more than in January expanded 1.2 percentage points. Third, the central bank released the financial report, in February China's foreign currency loans increased by 766.5 billion yuan, of which, RMB loans increased by 700.1 billion yuan, while foreign currency loans increased by 9.7 billion. Fourth, although the dominant Shagang cautious introduction of the New Deal, but includes most of Steel Wing Steel is still a row, including a substantial increase ex-factory price, the cost of quickly moving up the current order, so the short term, dealers still pull up the momentum again. Fifth, since the end of 2009 since the stock market has been a continuous rise in building materials, although the demand is there some rebound in the near future, but filled with a large number of businesses receiving such speculation among the means, so there is pressure on the overall inventory is still possible factor in the repression of Quotes skyrocket . Summarizing the above analysis, although the current market is still there is a certain hidden, but the rally is the beginning of the domestic construction material, and not willing to die an early, short-term market prices are still expected to continue to widen up the momentum.
    Hot and cold coil: this week, the domestic plate market volume continued to rise. As of March 11, according to Yi-Da steel information network to monitor the nation's major municipalities, provincial capitals, cities, 1.0mm cold plate an average price of 5764.8 yuan, up 93 yuan from last week; 2.75mm hot rolled an average price of 4259.6 yuan, compared with the previous Zhou rose 104.3 yuan. The near term, East Shanghai and Hangzhou, and Nanjing, the pace of the market continue upward, due to generally high costs of New resources to promote businesses have to continue to pull up the spot to achieve and earning profits, the recent demand for additional performance is acceptable, while for the formation of an active higher Quotes support. As of the weekend, on the sand 5.5mm hot rolled steel 4040 yuan, up 110 per; Angang 1.0mm cold plate 5980 yuan, up 80. South Africa, northern, northeastern, western and other regions to continue to up the majority market price Benguela up even after they get the favor of buyers, supporting businesses push up the price of psychology is "insatiable." Now Beijing 5.5mm hot rolled 4030 yuan, up 130 yuan; 1.0mm cold plate 6150 yuan, up 50 yuan; now Wuhan, Guangzhou and 5.5mm hot-rolled 4110 yuan, 4120 yuan, up 100-110 yuan; are Chengdu, Chongqing, 5.5mm Hot in 4150 yuan. Overall, the market impact of the late factors: first, recently, Japan's iron and steel manufacturers and BHP Billiton reached an agreement this year, from April to June, the price per ton of coking coal raised to 200 U.S. dollars, or 55%. In addition, both sides have adjusted the price once a year, adjusted for the period from every quarter. Second, the data show that in February China's crude steel, pig iron and steel output of 50.36 million tons, respectively, 47.5 million tons and 55.59 million tons, respectively, year on year growth of 22.5%, 17.2% and 18.1%. Third, the two per month this year, sales were 1.2062 million and 1.2115 million, respectively, over the previous year an increase of 49% and 46% respectively. Fourth, the February CPI rose 2.7%, much higher than the January increase in China's CPI growth of 1.5%. Fifth, Baosteel has recently taken the lead in wire and other products in April was up 150-300 yuan / ton, and the main panel products is expected to increase significantly. At present costs is an indisputable fact, so including the Wuhan Iron and Steel, saddle of this, including the transfer of costs for large and medium steel prices is also expected to achieve relatively strong, so the cost of short-term efforts to support the market is still not diminished. Comprehensive on the factor analysis, is expected to support steel hardline policies, under short-term domestic plate prices will still be running strong.
    In the Market: This week the domestic market and further increases in the board. As of March 11, according to Yi-Da steel information network to monitor the nation's major municipalities, provincial capitals, cities, the average price of 20mm medium plate 4158.6 yuan, up 99 last week. From a market perspective, East Shanghai, Hangzhou, Nanjing and other places continue to rise, leading Lengran coils market is constantly pulled leading role is still played well, while in another large plate steel prices rise, more support for medium plate distributor pull up the confidence. Shanghai is now 20mm & P Plate 4200 yuan, up 100 yuan, Maanshan Iron and Steel market in Nanjing, with the specification plate 4170 yuan, up 90. North China, Northeast China, the South and other areas prices have pulled up with the main cities, as well as related building materials, sheet Quotes of the strength to drive local business to continue rising in tandem with quotes. Now in Beijing, Tianjin, 20mm medium plate market prices in the 4050-4080 yuan, up 150-160; Guangzhou, Wuhan market Shaoguan Iron & Steel, Handan Iron and Steel Plate 20mm for 4240 yuan and 4100 yuan, up 90-100 yuan; Chongqing and Chengdu Plate price at 4,200 yuan, up 50-80 yuan. China Shipbuilding Industry Association, the Secretary-General Wang Jin March 9, said in Nantong, due to the lagged effects of shipbuilding-specific, financial crises, the impact of the international shipbuilding industry will continue. "After 2012, China's shipbuilding industry will be more difficult." Overall expected short-term domestic medium plate market is expected to continue upward solid.
    Profile Market: this week, the domestic market was slightly higher profile. The current situation, iron ore, coal and other raw material prices once again high on the probe, and the main varieties of steel prices higher, given the recent market-driven profiles of the pulled power, dealers with strong gains in the shares of atmosphere, began to profile Prices have also gone up in price. As of March 11, according to Yi-Da steel information network to monitor the nation's major municipalities, provincial capitals, cities, the average price of 36 # I-beam 4076.1 yuan, up 47 per last week; 25 # channel an average price of 3946.4 yuan, compared with Last week, up 49.1 yuan.
    From the recent market rally consecutive terms, in addition to the cost-price is expected to rise, the demand and inventory and did not play a subjective role in promoting. Although the transaction side goes up there under the influence of some larger, but it was observed that many traders fell between the goods, the procurement needs of downstream users has not been stimulated enthusiasm out of the market mostly elements opportunistic operations. The pressure of the objective existence of inventory, but also as a serious hazard for the ambush in the future operation of the market on the road, though Quotes may still be rising in cost as well as the steel policy is expected to continue upward push forward, but the rallies Quotes risk arising from cash always exist, so when the market a new balance between supply and demand not yet established, the steel city continue to grow, will definitely up the road twists and turns. Finally speaking, the central bank to maintain a reasonable liquidity, and timely fine-tuning of macroeconomic policies makes A shares and futures markets, there are many uncertainties, taking into account the financial properties of steel become stronger, have followed up on the spot market volatility at any time ups and downs possible.
    But for now, in steel prices is already the case of iron nails, the cost of the rigid support will lead to rising steel prices still have the impulse to inertia, short-term steel mills or dealer profitability while ensuring the basic shape you may chase I'm the situation.
    Based on the above analysis, "Spring, Vientiane Update", the National Steel City Spring "bud" has been the beginning now, short-term market price is expected to extend gains.