INTEGRITY

The third round of coke rises, the enthusiasm of winter storage is not high, and will the steel price rise after adjustment?

Yesterday, the steel price fell slightly. Among them, threads and hot rolls have dropped by 10-20 yuan, and there are fewer markets in cold rolling, galvanized, and falling in the middle plate. The stability is better than the screw. The overall transaction is average. Multi -land traders will accelerate the payment and prepare for the Light position to celebrate the New Year.
(To learn more about the impact of specific steel products, such as Cold Formed Sheet Pile, you can feel free to contact us)
From the current point of view, the futures and stocks have cool down. Looking back at this round of price increases, the time has lasted for more than a month since the bottom of November 1st. However, the range of rebounds is large in the two markets of futures and spot, and the spot is obviously not pace with the pace of futures. In terms of time and space, based on the current situation of the current supply and demand, the callback is normal.
(If you want to know more about the industry news on Cold Formed Steel Sheet Pile, you can contact us at any time)
Yesterday, the Northwestern Steel Factory issued the winter storage policy. Northeast, North China, East China and other steel mills have not been released. So far, the market participation is not enthusiastic. From the current point of view, there are not many steel mills in the winter storage policy. Due to the rebound of steel prices, the real price and steel trade expectations for winter storage are relatively large. The current price does not bring more security margins and low risks to the steel trade. The preferential conditions, whether the value preservation, and the settlement method of winter storage will have an impact on the participation of winter storage. Therefore, the dominant power of winter storage is in the hands of steel mills, and the appropriate winter storage policy is critical.
(If you want to get the price of specific steel products, such as Steel Sheet Pile Manufacturers, you can contact us for quotation at any time)
From the current point of view, the rebound of this round of market is mainly driven by macro expectations. Combined with the main funds, the long -term contracts are favored, and it is realized in the situation of rising expected expected in the long -term price. But in general, macro expectations have not shifted, and the rebound market has not ended. At present, the high premium of the far -month contract is completed, and the transaction is cold after the spot rises, and the emotions will be unpleasant. In a short time, there will be some strokes, falling, and fluctuating adjustments. The space for callback will be limited.

https://www.zzsteelgroup.com/cold-formed-z-steel-sheet-pile-for-construction-product/


Post time: Dec-07-2022

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