Recently, black commodity futures have risen slightly as a whole, all of which are reduced positions; rebar prices in major cities across the country have fluctuated, with ups and downs. Among them, rebar prices in Nanjing, Guangzhou, Changsha, and Hefei markets have risen by 10-40 yuan/ton; Rebar prices in Hangzhou, Beijing, Tianjin, and Shijiazhuang markets fell by 10-50 yuan/ton; Tangshan billets are generally straight, and warehousing 3530-3540 transactions are difficult.
Shen Wenrong, chairman of the board of directors of Shagang Group: first, the price of steel in the second half of the year, including the price of raw and auxiliary materials, will not be lower than that in the first half of the year; second, the amplitude of steel price in the second half of the year will be greater than that in the first half of the year; third, the average ton steel benefit will be better than that in the first half of the year; fourth half of the year.
Mysteel analyst Shen Yibing: the current market is more tangled, most wait and see waiting for the trend clear. On the one hand, the market resources are relatively small, the ex-factory prices of mainstream steel mills are rising, and the willingness of merchants to reduce prices is not strong. In particular, the price of Tangshan billet is running at a high level, maintaining a stable 3470 yuan/ton today. On the other hand, steel production continued to expand slightly, the market for high profits also exist "fear of high" sentiment, and the recent demand is unstable, the transaction price rose, the transaction price is loose. In the "low inventory" and "high profit" collision, short-term building materials market or continue to shock.
Mysteel analyst Fei Fei: From the thread inventory data surveyed, although it increased from last week, it was lower than market expectations. The current relatively low inventory continues to support the market. But merchants and end-users have a "fear of high" prices, in the weak demand under the willingness to replenish the library is not strong. Short-term market ups and downs of the dilemma, the expected price of high temperature shock operation.
Mysteel analyst Wan Chao: 27, but the spot market trend is not ideal, most varieties fell slightly. Specifically, the recent trading volume has become more and more depressed as prices continue to rise, the overall inventory has surged, and the mentality of merchants has been frustrated, so prices have fallen. If the recent demand still fails to pick up, the difference between supply and demand will further expand, the recent domestic steel prices or will be weak shock operation.
Ma Steel's analyst Xia Shiqing: Construction steel prices are expected to fluctuate at a high level, and the room for growth is limited, but the price of plate and strip may continue to rise. He said that the manufacturing industry is currently in a cyclical recovery stage, and the overall order volume of enterprises is relatively optimistic; the development of the construction industry will not be too weak. On the whole, the market is relatively optimistic about steel prices in the second half of the year, with more opportunities for plates and strips, and more cautiously optimistic about construction steel.
On July 27, according to the China Metallurgical News, Chi Jingdong, vice president of the China Iron and Steel Association, said that for "medium (frequency furnace) to power (arc furnace)", the key at this stage is to prohibit new production capacity. Regarding the national policy on "medium (frequency furnace) to electricity (arc furnace)", Chi Jingdong summarized 6 articles:
First, at present, the country has not relaxed the "medium (frequency furnace) to electricity (arc furnace)" policy conditions, the market about the new electric arc furnace production capacity of more than 2000 million tons is not accurate.
Second, enterprises are not allowed to replace medium frequency furnaces with electric arc furnaces.
Third, for enterprises that already have the production capacity index of electric arc furnaces, but have not built electric arc furnaces, but have built intermediate frequency furnaces and have already produced them, they are not allowed to build electric arc furnaces after dismantling the intermediate frequency furnaces.
Fourth, for enterprises that already have the capacity index of electric arc furnaces, and have built electric arc furnace equipment, the early electric arc furnaces are in a state of shutdown, and then built intermediate frequency furnaces for production, after dismantling the intermediate frequency furnaces, after verification and accounting approval by the local government, the electric arc furnaces are allowed to resume production.
Fifth, for enterprises that already have the production capacity index of electric arc furnaces and have built electric arc furnace equipment, due to backward equipment, aging and other reasons, enterprises are ready to update, transform and upgrade the equipment of electric arc furnaces. On the premise of not increasing production capacity, after verification by the government, equipment transformation and electric arc furnace production are allowed.
Sixth, the original medium frequency furnace steelmaking, but with complete continuous casting, steel rolling and other process equipment enterprises, the provincial government through the elimination of other, formal, legal scope of production capacity for replacement, allowing them to use the original continuous casting, steel rolling and other equipment, new electric arc furnace.