Down by Chinese steel, and the European credit crisis hit, the original three largest iron ore miner shouted the third quarter rose 23 percent fear there variables, many individuals and legal persons that the steel industry, iron ore increase with convergence, the rise in steel prices in the third quarter momentum slowing down.
Legal analysis, even though China Steel (2002) 7,8 reactions on the cost of domestic plate price pressure, high hike machine, but the range should be reduced, and the overall steel prices in the third quarter under the traditional low season, will be the consolidation trend, related stocks such as China Steel, the Hung (2014), Shin Kong Steel (2031), Ye Hui (2023) and other board mills, operations will be slowed.
The steel price trend, the steel head that downstream demand is still quite good, but for the price of acceptance has gone down, mainly of raw materials face up almost everywhere, this wave, raw materials, semi-finished and finished products are amazing gains, the downstream are facing great pressure.
Legal analysis, this wave of Taiwan stocks revised down, particularly weakness in the steel stocks have been the first response to industry trends, to lead in steel, for example, foreign investors sold over three days with 35,402 sheets of steel, in steel shares since the revised May rate approaching 10%.
2010年5月24日 星期一
2010年5月20日 星期四
China Steel pointed out that recovery of steel renewal of oscillation may be more in the future!!
China Steel futures pointed out that the rebound of steel continuous trend, but the current bullish momentum is still not sufficient, the market outlook is expected to rebound slightly in the main shock.
19 low main thread opened up, continuing the next day received Yang, but deal shrinkage, reducing nearly 20,000 hand positions. From the position ranking in the top 20 members increased by air, of which 7,000 Shagang by empty hand, pre-main Wing long and short speculative transactions faster conversion, single-reduction efforts to a larger space yesterday, shows that market sentiment cautious, large differences .
Spot market, stock quotes around the extension 19 down, but the decline slowed down, 20-21, 2 Tianhe Steel, Sha Steel ex-factory price will be promulgated in late May, the market up watching atmosphere.
Raw materials, 19 domestic and imported ore mine extension continued to drop, closing tepid to the latest offer of dollars of raw materials, the average after-tax cost of rebar three 4,272 yuan / ton, the spot price per ton than the loss of Shanghai near Maanshan Iron & Steel 200.
19 low main thread opened up, continuing the next day received Yang, but deal shrinkage, reducing nearly 20,000 hand positions. From the position ranking in the top 20 members increased by air, of which 7,000 Shagang by empty hand, pre-main Wing long and short speculative transactions faster conversion, single-reduction efforts to a larger space yesterday, shows that market sentiment cautious, large differences .
Spot market, stock quotes around the extension 19 down, but the decline slowed down, 20-21, 2 Tianhe Steel, Sha Steel ex-factory price will be promulgated in late May, the market up watching atmosphere.
Raw materials, 19 domestic and imported ore mine extension continued to drop, closing tepid to the latest offer of dollars of raw materials, the average after-tax cost of rebar three 4,272 yuan / ton, the spot price per ton than the loss of Shanghai near Maanshan Iron & Steel 200.
Steel price, 4-week losing streak, Adjustment is inevitable
This year, the crazy steel prices, in iron ore prices, to soar more than once. However, due to less cost-push steel prices higher power, lower prices need to accept observation, steel prices have now declined for four consecutive weeks. Experts say steel prices to adjust it is inevitable.
This year's iron ore negotiations, the three mining giant iron and steel enterprises in order to blackmail, by controlling the means of shipments, lift ore prices step by step. Brazil fine ore prices in China, for example, years ago, the average price less than 110 U.S. dollars imported iron ore, reached 157 U.S. dollars in early April. Unable to digest the cost of rapidly rising steel prices have soared.
Latest figures show that the average price last weekend domestic steel 5,390 yuan per ton, compared to the previous week, dropped 236 yuan. Steel prices have been for 4 weeks callback, entered the fast downlink channel.
In line with previous negotiations, iron ore prices, then follow the trend of steel has increased, in accordance with the iron ore to finished steel products into the market a half or so operators, pre-market price of steel rose overdraft in advance the cost of future high-priced resources, there it is necessary to adjust prices.
Steel prices continued to rise sharply this year, so that downstream users of steel enterprises in the procurement cautious, take now is to buy used, choose the search for low-cost purchase opportunities, which also contributed to the reasons for the decrease in steel prices. Data show that after the recent sharp decline in the market with high technical content than cold plate varieties such as there are profits, the majority of species are close to the cost line.
This year's iron ore negotiations, the three mining giant iron and steel enterprises in order to blackmail, by controlling the means of shipments, lift ore prices step by step. Brazil fine ore prices in China, for example, years ago, the average price less than 110 U.S. dollars imported iron ore, reached 157 U.S. dollars in early April. Unable to digest the cost of rapidly rising steel prices have soared.
Latest figures show that the average price last weekend domestic steel 5,390 yuan per ton, compared to the previous week, dropped 236 yuan. Steel prices have been for 4 weeks callback, entered the fast downlink channel.
In line with previous negotiations, iron ore prices, then follow the trend of steel has increased, in accordance with the iron ore to finished steel products into the market a half or so operators, pre-market price of steel rose overdraft in advance the cost of future high-priced resources, there it is necessary to adjust prices.
Steel prices continued to rise sharply this year, so that downstream users of steel enterprises in the procurement cautious, take now is to buy used, choose the search for low-cost purchase opportunities, which also contributed to the reasons for the decrease in steel prices. Data show that after the recent sharp decline in the market with high technical content than cold plate varieties such as there are profits, the majority of species are close to the cost line.
2010年5月19日 星期三
China Steel Market Trend in May: rising trend with steel recovery after middle of the May
At 6:57 p.m. on May 7, 2010 Source: China Economic Net
Recently, the Bank of China announced on May 10, the savings again raised the reserve ratio by 0.5 percentage points, this is the third time this year the central bank raised the reserve ratio, raising interest rates is expected to be further enriched, and further tightening of credit policy. In the context of growing inflation, by the fall in the stock and futures markets, experienced a decline in April in the second half, steel prices bottomed out in May? Or continue to fall? 1:00 a focus of public attention.
April 14, the State Council executive meeting held real estate control message is confirmed, then the new state 10 real estate, interest rates and China Construction Bank is expected to finance a series of negative factors to be released gradually, domestic steel prices with the stock and futures markets all the way down closing by the end of April, the highest decline in the major cities close to 200.
"Steel prices from March to April 14 in mid-month period rose from 3,800 yuan to 4,700 yuan or so, up nearly 1,000 yuan, 14, 15, started down to the end of April, a drop of just less than 200 Although iron ore and other raw material prices are rising, inflation is more and more serious, but the overall feeling or it is not enough, the risk is not completely released. "by the end of April, in a circle to a small gathering, a Bit Beijing traders for the current trend in the performance of strange steel concerns.
The traders of that, in general, see the policy in the first quarter, demand to see the second quarter, but the situation is more complicated in 2010, rising inflation, the possibility of central bank interest rate increase, although demand has been in a rigid up channel, but the general trend in the market to weaken, stock futures fell, high inventories and the stability of mineral prices and other factors, the steel city market driven by demand effect is not significant, in May still considerable room for steel prices continue to fall, "the key have to look at policy developments. "
Recently, the Bank of China announced on May 10, the savings again raised the reserve ratio by 0.5 percentage points, this is the third time this year the central bank raised the reserve ratio, raising interest rates is expected to be further enriched, and further tightening of credit policy. In the context of growing inflation, by the fall in the stock and futures markets, experienced a decline in April in the second half, steel prices bottomed out in May? Or continue to fall? 1:00 a focus of public attention.
April 14, the State Council executive meeting held real estate control message is confirmed, then the new state 10 real estate, interest rates and China Construction Bank is expected to finance a series of negative factors to be released gradually, domestic steel prices with the stock and futures markets all the way down closing by the end of April, the highest decline in the major cities close to 200.
"Steel prices from March to April 14 in mid-month period rose from 3,800 yuan to 4,700 yuan or so, up nearly 1,000 yuan, 14, 15, started down to the end of April, a drop of just less than 200 Although iron ore and other raw material prices are rising, inflation is more and more serious, but the overall feeling or it is not enough, the risk is not completely released. "by the end of April, in a circle to a small gathering, a Bit Beijing traders for the current trend in the performance of strange steel concerns.
The traders of that, in general, see the policy in the first quarter, demand to see the second quarter, but the situation is more complicated in 2010, rising inflation, the possibility of central bank interest rate increase, although demand has been in a rigid up channel, but the general trend in the market to weaken, stock futures fell, high inventories and the stability of mineral prices and other factors, the steel city market driven by demand effect is not significant, in May still considerable room for steel prices continue to fall, "the key have to look at policy developments. "
JFE Steel raised steel prices next quarter, 10% to 20%
2010-05-19 News quick report
【Times - Reporter Wu Cailian reported】
Asian market growth in demand for high-grade steel products, raw material prices, the world's sixth largest steel maker-JFE Steel today (19) Japan raised its 7-9 月 quarter of steel product prices 10% to 20%.
The impact of tightening by the Chinese real estate building cooling, the recent Asian steel product prices began to lower, but high demand for steel products prices unabated, JFE raised from 7 to 9 月 quarter of steel products offer, cold rolled steel, hot rolling and surface treatment The steel product price per ton amplitude range of about 100-150 U.S. dollars.
JFE鋼鐵調升下季度鋼價10%到20%
亞洲市場對於高級鋼品需求成長，原物料價格上漲，全球第六大鋼鐵大廠－JFE鋼鐵今（19）日宣布調升7到9月季度鋼品價格10%到20%。
受到中國緊縮政策的衝擊，房地產建設降溫，近期亞洲鋼品價格開始走跌，惟高級鋼品價格需求不減，JFE調升7到9月季度鋼品報價，冷軋鋼、熱軋鋼以及表面處理的鋼品價格，每噸調幅約100到150美元不等。
Reference:
http://news.chinatimes.com/CMoney/News/News-Page-content/0,4993,130507+132010051901213,00.html
【Times - Reporter Wu Cailian reported】
Asian market growth in demand for high-grade steel products, raw material prices, the world's sixth largest steel maker-JFE Steel today (19) Japan raised its 7-9 月 quarter of steel product prices 10% to 20%.
The impact of tightening by the Chinese real estate building cooling, the recent Asian steel product prices began to lower, but high demand for steel products prices unabated, JFE raised from 7 to 9 月 quarter of steel products offer, cold rolled steel, hot rolling and surface treatment The steel product price per ton amplitude range of about 100-150 U.S. dollars.
JFE鋼鐵調升下季度鋼價10%到20%
亞洲市場對於高級鋼品需求成長，原物料價格上漲，全球第六大鋼鐵大廠－JFE鋼鐵今（19）日宣布調升7到9月季度鋼品價格10%到20%。
受到中國緊縮政策的衝擊，房地產建設降溫，近期亞洲鋼品價格開始走跌，惟高級鋼品價格需求不減，JFE調升7到9月季度鋼品報價，冷軋鋼、熱軋鋼以及表面處理的鋼品價格，每噸調幅約100到150美元不等。
Reference:
http://news.chinatimes.com/CMoney/News/News-Page-content/0,4993,130507+132010051901213,00.html
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