Henan heavy rain steel shipments affected

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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 and transportation difficulties.According to the key iron and steel enterprises in Henan monitored by cSA, in 2020, anyang iron and steel production of 11.2 million tons, Henan Fengbao special steel 1.91 million tons, Henan Jiyuan iron and steel 4.34 million tons, Nanyang Hanye special steel 2.72 million tons.Therefore, according to the calculation, anyang Steel day crude steel 30,000 tons;Henan Fengbao special steel 5000 tons;Jiyuan steel daily crude steel 11,000 tons;Nanyang Hanye special steel 7000 tons.Therefore, the daily direct or indirect impact of steel resources more than 53,000 tons.Flooding in Henan province will weaken production and demand in regional markets.Therefore, regional markets may be weak in the short term, but after a period of relief, steel production will resume as usual.After the start of post-disaster reconstruction and water conservancy construction, it will drive the demand recovery and volume increase in Henan region, thus stimulating the regional market transaction and price return to active.

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