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.





鋼價4周連跌 專家稱調整屬必然
2010年05月20日 11:04:48 　來源： 北京日報

今年瘋狂的鐵礦石價格一度讓鋼材價格飛漲不止。然而，由于成本推動鋼價上漲動力減弱，下遊接受漲價還需觀察，目前鋼價已經連續四周下跌。專家稱，鋼材價格下跌調整實屬必然。

今年的鐵礦石談判，三大礦山巨頭為了要挾鋼鐵企業，通過控制發貨量等方式，一步步抬升礦石價格。以巴西粉礦到中國價格為例，年前鐵礦石進口均價不到110美元，4月上旬達到157美元。由于無法消化成本快速上漲，鋼材價格也一路攀升。

最新數據顯示，到上周末國內市場鋼材均價每噸5390元，比前一周大幅下跌236元。鋼材價格已經連續4周回調，開始進入快速下行通道。

前期為配合談判，鐵礦石價格上漲，當時鋼材已經跟風上漲，按照鐵礦石到成品鋼材進入市場1個半月左右的時間算，前期鋼材市場價格漲幅已經提前透支了未來高價資源的成本，出現價格下跌調整實屬必然。

今年持續大幅上漲的鋼價，使鋼鐵企業的下遊用戶採購謹慎，採取現用現買，擇機尋找低價進貨機會，這也是造成鋼價下跌的原因。數據顯示，經過近期大幅下跌，目前市場除冷板等技術含量高的品種還有利潤，多數品種已經接近成本線。


Reference: http://big5.xinhuanet.com/gate/big5/news.xinhuanet.com/fortune/2010-05/20/c_12122944.htm