Last week, the domestic futures market prices accelerated, especially the rapid performance of the futures market, with the highest price increase of nearly 600 yuan at one time! Among them, under the blessing of production restriction and safety production and other favorable factors, Bijiao has repeatedly set record highs, reaching 3000 yuan and 3800 yuan, and thread and hot coil futures have broken through the previous pressure level, with the highest standing at 5700 and 5900. Yuan Pass. Only iron ore is negatively correlated, and it has fallen all the way to a low of 710 yuan in the […]
The recent analysis of the monetary and credit situation by relevant financial institutions believes that domestic economic recovery still needs to maintain stable credit growth, moderate monetary growth should support high-quality economic development, help small and medium-sized enterprises and difficult industries continue to recover, and serve the revitalization of rural areas. Policies are combined to provide financial support to financial institutions by using monetary policy tools such as re-lending and rediscounting and deposit reserve ratio. After the implementation of the overall RRR cut in July, the central bank’s recent meetings have successively stated that the comprehensive use of a variety […]
According to data released by the National Bureau of Statistics today, in July, affected by multiple factors, major macro indicators have generally fallen, external demand has weakened, investment growth has declined slightly, and consumption recovery has been disturbed. Major economic indicators fell across the board The momentum for the restoration of fixed asset investment has weakened, and the two-year average growth rate has fallen for the first time. From January to July, the national investment in fixed assets (excluding rural households) was 3,053.3 billion yuan, an increase of 10.3% year-on-year, and an average growth rate of 4.3% in two years. […]
This year is the first year of the “14th Five-Year Plan”. Hot issues such as carbon peaking, carbon neutrality, decapacity “looking back”, capacity replacement, output reduction, and resource protection are of great concern to the entire industry. the steel industry was operating well in the first half of the year. The production and sales of the company were booming, the efficiency was improved, green development, intelligent manufacturing, technological innovation, etc. New progress has been made, providing important support for actively meeting the growth of downstream industry demand and promoting the national economy to achieve a good start to the “14th […]
Rain, rain, rain…In recent days, the torrential rain in Henan province has been increasing, zhengzhou just three days, within an hour almost the whole year rainfall, the maximum rainfall reached 100 West Lake water, roads, subway flooded, mountain floods, mudslides occurred from time to time, the road traffic was interrupted.Steel mills affected by the flood is more serious, some steel mills have been completely shut down.While some of the smaller Highland mills that were hit by the disaster continued to operate normally, production of finished materials, such as iron ore and coke, was also affected because of road traffic jams […]
1. Market: At present, the local seamless pipe market price is low, the shipment is still weak, the demand support is weak, and the market atmosphere is not good;Periphery market turnover is generally dismal, Xi ‘an, Jinan, Baotou, Shenyang, Hangzhou, Nanjing, Cangzhou, Wuxi, Harbin and other places prices are mainly by a small decline or weakness.In the context of poor environment, the late Tianjin seamless tube market may be difficult to buck the trend of the rebound, or will be stable in the weak. 2. On the macro front, the Caixin China Manufacturing Purchasing Managers’ Index (PMI) in June 2021 […]
According to the statistical data of China Iron and Steel Association, in the middle of June 2021, the steel inventory of key iron and steel enterprises was 15.69970 million tons, an increase of 1.4673 million tons month-on-month, up 10.31%;An increase of 2.2832 million tons or 17.02% over that of the end of last month;4.076,000 tons more than at the beginning of the year, an increase of 35.07 percent;That is an increase of 2.77800 million tons over the same period last year, up 21.50%.
After the college entrance examination and the Dragon Boat Festival small holiday before the need to catch up on replenishment can be triggered, the recent policy news interweave, the impact of the pace of market operation is still large.In the short term, the steel city after the adjustment of profit has fallen to the cost line near the same time long short factor game, continued adjustment space is limited, do not rule out individual period of small rebound, but if there is no significant positive to break the stalem, the pre-festival rebound space will not be very big, the overall […]