Domestic steel prices fluctuate on the 12th to manage the weak consolidation of raw material markets

Spot market According to the latest monitoring data of “My Steel Network”, on the 11th, the domestic steel spot market price continued to operate weakly, the building materials market continued to decline, the hot-rolled coil market fluctuated in a narrow range, and the plate market remained basically stable; today's domestic import mines The spot price remained stable, the iron powder and scrap steel market operated weakly, and the coking coal traded poorly.

In terms of sub-categories, the domestic market price of building materials in the spot market continued to decline. The average prices of thread and wire rods monitored in the 25 major cities fell by about RMB 6-7/tonne compared with the previous trading day. Among them, the prices of major cities such as Shanghai, Beijing, and Guangzhou had a decline of RMB 10/ton, and those of Nanjing, Nanning, and Hangzhou had a decrease of RMB 20-30/ton, and the increase in the market price of resources in Lanzhou was further expanded.

The prices of domestic hot-rolled coils continued to rise steadily in the current domestic market. The average prices of Q235B 3.0mm and 4.75mm hot-rolled coils in the 24 major markets monitored were flat and up RMB 1/ton over the previous trading day, including Guangzhou and Zhengzhou. The quotation had a decline of RMB 20/t. The quotation for Shanghai, Chongqing, Shenyang and other regions rose slightly, and the increase was between RMB 10-20/t. The market prices in other regions remained basically stable.

Today's domestic plate market fluctuated within a narrow range. The average price of 8mm, 20mm plate and low alloy plate monitored in 23 major markets across the country fell by RMB 1/ton, RMB 1/ton, and unchanged from the previous trading day respectively. Among them, the Guangzhou market price rose 30 yuan / ton, Nanchang, the market price fell 40 yuan / ton, other regions basically remained stable.

The market experienced the "frost frost" in 2011, and the current market is accumulating energy. Although the current domestic economic situation has entered a “recession period” in which economic growth and inflation indicators have both declined, the liquidity recovery-driven phased market in the first quarter has been stimulated by factors such as clear policy relaxation expectations and relatively loose liquidity in the first quarter. .

In the raw material market, the domestic raw material market is now weak and stable. The spot price of imported ore is in a consolidation pattern. The current 63.5% main printing powder is reported at 1,050-1070 yuan per ton, which is the same as the previous trading day. PB powder is 980-1000 yuan per ton, which is higher than the previous one. The trading day rose by 10 yuan/ton. Market futures prices were strong. Traders were mostly traders. Most of the steel purchases were based on port stocks. The number of inquiries decreased, and the market turnover was poor. The maritime market continued to be weak. Brazil, Western Australia, and China The freight rate continued to decline. On the 11th, the BDI index continued to fall. The channel index fell by 123 points in a single day, and the decline rate increased. Tangshan billet ex-factory price was stable in early morning. The billet price in Tangshan fell by RMB 20/t yesterday; the iron powder market was stable, with two supply and demand conditions, and the transaction volume was low; the billet market was operating weakly, prices continued to drop in some areas, and the market volume was light; scrap The market is stable and weak, the demand is poor, and the market is small; the pig iron market is weak, the market is in a poor state of mind, and the transactions are generally low; the coking coal market is weak and stable, and transactions are general.

Fundamentally US stocks oscillated last night. The Dow Jones Industrial Average lost 0.1%, the Nasdaq Composite rose 0.31%, and the S&P gained 0.03%. The major European countries’ stock markets closed slightly higher. New York crude oil futures fell 1.3%; New York gold futures rose 0.5%; "Dynay Marriage" resurgent wave merger plan was rejected by the European Union; Australia's large iron ore ports and oil fields were forced to close due to hurricane; Vale arrived in China a large number of ores The sale will be hoarded and the price will go up.

PPI rose by 1.7% in December 2011 and rose by 6.0% in 2011; CPI rose by 4.1% in December 2011 and rose by 5.4% in 2011; CECT pushes the price of the two systems for generating power online to increase the price to the near-term goal; China's steel industry Will counter Europe's dumping charges.