February 25 steel market

• from：迅xunzhuoweb
• admin：admin123
• date： 2022-02-25

•                  February 25 steel market

Today's domestic steel market generally down.

Most of the cold rolling market down, hot coil prices generally down, weak operation of the strip market, coating price down, various steel varieties of the specific market changes are summarized as follows:

Cold rolling:

February 24, the domestic cold rolling market price most downward, market trading atmosphere cold.

National cold rolled coil market price most down, hot coil black futures hold green shock.

The price of cold rolling in north China market has been reduced slightly. According to the feedback of traders, the shipment of small and medium-sized households in recent days only remains at about 100 tons, and the range of 20-30 yuan is acceptable for shipment.
However, the current inventory pressure is not large, or the normal level, and traders are cautiously optimistic about the future market.

The price of cold rolling in Shanghai market in east China is reduced by 30 yuan with the change of disk surface, the market is reduced slowly, and the specifications of resources are basically complete.

Near the end of the month, some businesses have some pressure on funds, for the next month's market is not clear, intended to reduce orders.

Overall, it is expected to continue to weaken the domestic cold rolled coil prices tomorrow.

Hot coil:

On February 24, hot rolling 5.5mm domestic leading city price: Beijing 5040 yuan/ton, Tianjin 4850 yuan/ton, Shanghai 4920 yuan/ton, Guangzhou 4900 yuan/ton.

Early opening, domestic hot rolled coil prices are generally reduced, the average price of the ten major cities in the country yesterday fell 22 yuan/ton, the average price of 4953 yuan/ton.

Today, Ukraine and Russia officially opened fire, the war further expanded, coupled with the recent national regulation of iron ore, coal and other raw material prices is still continuing, further inhibit the market sentiment, the main volume continues to weak down. Spot, according to market feedback, according to the current regional mills began gradually to the market resources, in addition to the southwest of individual areas, most of the market hot coil specification is complete, and affected by the phase volume main weak today, downstream end enterprise's wait-and-see sentiment strong, market a closing date, on actual shipment less than the market price is relatively early afternoon to cut 20 yuan/tons, Traders are willing to ease the price.

Overall, the national hot volume price is expected to weak adjustment tomorrow.

Strip:

Hot coil futures today opened 4917, closed 4804, down 1.94%.

North China tropical market mainstream down.
The market, tangshan market opened in the morning small narrowband manufacturers hold the mainstream individual down 40, the market as a whole flat transaction.
355 series narrow band market weak operation, this period of green shock, has an impact on the spot market, the willingness of the price is weak, the downstream just need to replenish the main, the overall demand is still less than expected, traders wait-and-see sentiment station dominated.

East China tropical market weak operation. Market, period of low shock, coupled with the northern market and related varieties of weak tone, low out of the operation of the market increased.
According to the understanding of traders, the current transaction is obviously cold, low hot volume flooded the market, small pressure strip.
Consider the transaction without significant improvement, is expected to be short - term or stable weak tone.

Plating:

February 24, domestic coating market prices fell.

Today, domestic plating prices fell. Hot coil black futures weak operation, private steel galvanized guide price down 30-50 yuan, which represents the private steel: Mega construction 5550 yuan/ton, Xinyu 5550 yuan/ton. According to the feedback from traders, the market in Shanghai in east China is exhausted faster after the holiday. At present, most traders have some pressure on their inventory. The current operation is mainly to reduce the inventory by shipment, and the market price is lowered again in the afternoon. Steel mills, after the End of the Winter Olympics, north China, Shandong, Henan area production restrictions relax, the operating rate has been greatly improved, but the downstream demand sporadic, coupled with the weak electronic disk, trading atmosphere is not good. Overall, tomorrow is expected to domestic coated plate volume prices continue to decline slightly.

（Data from the Internet）