Construction steel: Today, the domestic construction steel market price continues to rise. According to the market monitoring of Lange Steel Information Research Center, the average price of 25mm rebar in domestic key cities is 3553 yuan, up from yesterday 17 yuan. Prices in key central cities such as Beijing, Tianjin, Shenyang and Shanghai rose in 50 yuan and 20 yuan respectively, while prices in other markets remained stable. The average price of 6.5mm high-speed rail in domestic key cities is 3556 yuan, up by 27 yuan compared with yesterday. Among key cities, Beijing, Tianjin, Shanghai and Shenyang rose by 80 yuan, 70 yuan, 70 yuan and 50 yuan respectively. Today, the domestic construction steel market price continues to rise slightly, and the wire rod market still has a big increase. Due to the shortage of market resources, some resources are in short supply, prices continue to rise, and the mentality of merchants tends to be stable. Due to the price policy issued by steel mills next week and the influence of market capital pressure at the end of the month, the driving force for price increase is relatively weak. In the later period, the market does not rule out the phenomenon that the price was suppressed when the steel mill introduced the price policy, and the price continued to rise after the policy was introduced.
Hot coil: Today, the price of hot coil in domestic central cities is still rising substantially. The average price of 5.5mm hot-rolled coils in national key central cities was 3,262 yuan, up by 62 yuan compared with yesterday, among which Tianjin, Beijing, Shenyang and Zhengzhou rose 100- 150 yuan, Wuhan and Guangzhou each rose by 50 yuan, Shanghai, Hangzhou, Chengdu and Xi 'an. After nearly a week's continuous rise, today's East China market tends to be stable, and other markets are still rising, especially the North China market. The encouragement of policies and the shortage of resources have boosted businessmen's psychology, but the shortage of resources is only a temporary phenomenon. Later, it is still necessary to release the inventory of steel mills to the market. In addition, the domestic and international environment has not changed significantly, and there is no sign of heavy demand at the end of the year. Nowadays, the large-scale hot-rolled forward market in Shanghai is also in the stage of shock and decline. It can be seen that after this relatively large cumulative increase, market prices need to be adjusted smoothly one by one, and business operations need to be more rational. It is expected that the domestic hot rolling price will encounter some resistance in recent days, and there is still the possibility of downward adjustment in the later period.
Cold plate: At the opening today, the domestic cold-rolled coils continued to rise, and the mainstream market rose slightly, but the overall performance of the market remained strong. According to the market monitoring of Lange Iron and Steel Information Research Center, the average price of 1.0mm cold plate in domestic key central cities is 4080 yuan, up by 30 yuan compared with yesterday. Among them, Zhengzhou rose by 100 yuan, while Shanghai, Beijing, Tianjin and Wuhan all rose by 50 yuan. In terms of resources, due to the reduction in production of steel mills, some mortgaged goods cannot be delivered in time, and the market circulation resources are shrinking. Therefore, the current market inventory is still running at a low level, and most merchants have less resources. For steel mills, Baotou Steel today released the settlement price 1 1 and the order price 1. 1 DC0 1 cold coil in October 1.0mm 1 1 settlement price is 3,800 yuan, and in February1order price is 4,300 yuan. Last night, Tangshan Iron and Steel Co., Ltd. shut down the cold-rolled hood retreat production line and started maintenance for five days, which affected the output by about 10000 tons. It is also known that Baosteel will soon introduce the latest price policy, and the order price in 65438+February will be greatly adjusted. It is reported that Baosteel originally reduced the order price of 65438+February to 900 yuan, and this time it reduced 1870 yuan to 970 yuan, and the original quantity compensation was cancelled. June 65438+ 10, June 165438+ 10 CQ and DQ material orders, with a price supplement of 1000 yuan. If the news is true, other steel mills will face greater pressure, and there are also variables in the spot market.
Medium plate: The price of medium plate in the domestic market rose slightly today. According to the market monitoring of Lange Iron and Steel Information Research Center, the average price of 20mm medium plate in domestic key cities is 3,527 yuan, up by 20 yuan from yesterday. Shenyang rose by 100 yuan, while Tianjin and Beijing rose by 50 yuan. There has always been a false high price in the northern market, so the listing price is so much higher than the actual transaction price. On the one hand, it is affected by the rising price of coil, on the other hand, the steel mill intends to raise the ex-factory price in the later period, laying the groundwork for the next move. This week, the overall market turnover is difficult to improve. Judging from the current market situation in Tianjin, Shanghai and other central cities, the overall market trend is still not optimistic, and the market outlook is likely to continue to decline slightly. The price of medium and heavy plate in the southern market remained stable, and the transaction was general. Recently, the arrival of medium and thick steel plates in the market is less, leading steel mills are still reducing production and overhauling, and the inventory of merchants remains low. With the sharp rise in the price of hot-rolled coils, plate makers are still watching carefully. Since the price increase has not driven the market demand, businesses generally believe that this round of rising prices will not last long. In addition, the price of electronic coils has started to fall overall today after rising for a few days, and market panic has emerged. After a short adjustment, the price of medium and heavy plate in the southern market is still likely to fall.
Galvanized sheet: Today, the market price of galvanized sheet in domestic central cities is temporarily stable. According to the market monitoring of Lange Iron and Steel Information Research Center, the average price of galvanized sheet in domestic key central cities 1.0mm is 422 1 yuan, which is the same as yesterday's price. Recently, the price of galvanized sheet in China has stopped falling and stabilized, which is mainly driven by the overall price increase of sheet. Since last week, the strong rebound of domestic plate products, especially hot coil prices, has made the market feel the opportunity of bottoming out and greatly boosted the confidence of downstream demand users. It also has a favorable impact on the galvanized sheet market. Just last week, some distributors of galvanized sheets of Angang and Benxi Steel in some parts of China were still in a state of stocking, and the market resources were rapidly tense this week. However, large households do not want to raise the market price too high because of shortage, in order to get more preferential treatment from manufacturers. It is estimated that the resources of Angang and Benxi Steel will be put on the market in large quantities in early February of 65438, when the market price will rise sharply.
Color coated board: Today, the market price of color coated board in domestic central cities rose slightly. According to the market monitoring of Lange Iron and Steel Information Research Center, the average price of 0.47mm color-coated board in domestic key central cities is 5,450 yuan, down 10 yuan compared with yesterday, with the Shanghai market down 150 yuan and the Boxing market higher than 50 yuan. The recent good news of a series of measures to expand domestic demand and tariff adjustment has greatly encouraged market confidence. Guided by the continuous daily limit of hot-rolled electronic disks, the prices of cold-rolled and hot-rolled products in Shanghai and other markets rose sharply, and the transaction was enlarged. Affected by this, the price of galvanized sheet stabilized after a slight rebound, and the price of color-coated sheet gradually strengthened.
Hot-rolled strip steel: At the opening today, the price of strip steel in some cities in China began to rise slightly. According to the market monitoring of Lange Steel Information Research Center, the spot price of 2.5*( 145-355) strip steel in Tangshan market is 3,250 yuan (ton price, the same below), and the spot price of 2.5*520 strip steel is 3,200 yuan, which is the same as yesterday. In Bazhou market, the spot price of 2.5*( 183-355) strip steel is 3350 yuan, up by 50 yuan compared with yesterday. In the Shanghai market, the spot price of 2.5*232 strip steel is 3,300 yuan, up 100 yuan from yesterday; The spot price of 5.0*685 strip steel is 3080 yuan, up by 50 yuan compared with yesterday. Today, the price of billet in Tangshan market continues to rise slightly. 150* 150 the mainstream spot price of billet is 3000 yuan, and some manufacturers quote 3050 yuan. After the price of raw materials rose, the leading steel mills in Bazhou began to raise the price of strip steel slightly. However, due to the doubts of Tangshan factory about the current market situation, the price is basically stable, and delivery is still the mainstay. Today, Shanghai hot coil is rising again, and the mainstream price of 5.5mm hot coil market reaches a high of 3300 yuan, which makes some strip steel dealers in East China tentatively raise the delivery price under the condition of few resources. However, starting from today, the electronic disk in Shanghai will turn from red to green, so manufacturers should not be blindly optimistic, and the later operation should be cautious.
Welded pipe: Today, the price of welded pipe in domestic central cities is basically stable. According to the market monitoring of Lange Steel Information Research Center, the average price of 4-inch (3.75mm) welded pipes in domestic key central cities is 3,849 yuan, and the prices in various places are the same as yesterday. Driven by the sharp rise in the price of hot-rolled coils, the price of strip steel has remained firm recently. Today, the narrow-band prices of some strip mills in Hebei and Tianjin are raised, and the cost support of welded pipe market is strong. At present, the ex-factory price of North China welded pipe enterprises continues to be basically stable, and the price list of pipe factories has been lowered, but the actual delivery price of dealers has not changed, and the delivery of pipe factories has remained at a normal level. In terms of market, the transactions of welded pipes in North China, East China and South China are basically normal, and the northeast and northwest regions have entered the state of winter storage. Merchants are cautious about the market outlook and the market inventory remains at a low level. Considering the firm price of raw materials and reasonable price difference between welded pipe and strip steel, the welded pipe market will remain stable in the later period.
Seamless Tube: Today, the market opened, the upstream raw material tube blank stabilized, and Shandong and Tianjin rebounded to 50 yuan. Today, the domestic seamless pipe market has stabilized, but the transaction is still not good. At present, in the case of low market inventory or even broken files, the mentality of merchants has obviously improved and they are in a rational wait-and-see state. They are cautious in purchasing, fast-forward and fast-out, blindly throwing goods at low prices in the early stage, and the phenomenon of mutual price reduction is greatly reduced. On the whole, the short-term price of seamless pipes shows no signs of rebound, and small and medium-sized pipes will wander at the bottom. Because the factory guidance price of Tianguan 65438+February is delayed, the market quotation of large-diameter pipes in most areas is still high, which also inhibits the consumption of downstream users, basically using the purchase strategy. According to the monitoring of Lange Steel Information Research Center, the average price of national key cities 159*6mm is 5055 yuan, which is the same as yesterday. 165438+1October 18, there is no ex-factory price at Panzhihua iron and steel co., ltd.: the ex-factory price below 273mm will be lowered to 900 yuan; The ex-factory price of φ 273-325 was lowered to 600 yuan; The ex-factory price of φ 35 1-426 mm remains unchanged; The ex-factory price of φ426-480mm is lowered to 600 yuan; The price of series products above 480mm is lowered 1000 yuan; Products with φ 2 19 or more, group spacing of 273mm and wall thickness greater than or equal to 32mm are lowered 100-400 yuan ton.
Profile: Today, the profile market price in some central cities in China is stable and weak. According to the market monitoring of Lange Steel Information Research Center, the average price of 25# I-beam in domestic key central cities is 4070 yuan, and the average price of 25# channel steel is 4 1 yuan, 4 1 yuan, which are the same as yesterday's prices. The average price of 5# angle steel is 3,762 yuan, which is lower than yesterday's price. The market price in 6 yuan is lower than that in 60 yuan. The delivery situation is still tepid, but supported by low inventory, the price does not have the conditions for a sharp drop. With the arrival of winter, the demand for downstream steel products generally shrinks, the activity of market transactions is further weakened, and the delivery of profiles in the market is also blocked. As the national macro-policy is still unclear, businesses are generally bearish on the late trend. Although the current price is low, the market still dares not hoard goods easily. In view of the current market situation, it is expected that the market price will still be dominated by weak consolidation in the short term.
Summary of carbon structural steel in special steel: Today, the domestic market trend of carbon structural steel is stable. After the chaotic quotation of Suzhou and Hangzhou yesterday, the merchants adjusted their mentality, and today's quotation showed a stable trend, while the southwest market was gradually affected by winter and the demand weakened. The market impact continues to be dominated by a slight decline. According to the market monitoring of Lange Steel Information Research Center, 45# carbon steel: 80mm produced by Xianggang is 3,450 yuan, φ 60mm produced by Cheng Gang is 3,550 yuan, φ 60mm produced by Hanggang is 3,500 yuan, 50mm produced by Egang is 3,450 yuan, and φ 80 produced by Nangang is 3,650 yuan. 40Cr alloy steel, 20mm produced by Shougang is 4050 yuan, φ 1 10mm is 4 150 yuan, and φ 180mm produced by Benxi Steel is 5200 yuan. Affected by the excessive inventory consumption in the previous market, the domestic structural steel market as a whole began to be chaotic, and merchants raised or lowered the market quotation according to their own inventory situation, especially in Shanghai and Hangzhou, while the northern market was still in a fairly stable market due to regional differences. In addition, because the commodities sold by traders are all original stocks in their hands, when the current market plummets, the trader's idea is to clear the warehouse, thus killing the shipment and merging with the tugboat. But the purpose is unified, that is, shipping, minimizing inventory pressure and avoiding risks. The goods sold by traders are basically in hand, mainly because the stabilization conditions have been formed in the process of rapid decline in the early stage, and the measures to reduce production and protect prices by steel mills have entered a substantive stage, which has led to the recent stabilization of the market situation. Prices in North China have also begun to stop falling, and merchants are waiting to see the price information to be released by steel mills in the near future to cope with future market trends. It is expected that the current process of stopping the market price from falling is an adjustment period after the rapid decline of the market, and the market will continue to fall in the future, and the relationship between supply and demand in the industry has not changed.
Stainless steel: Today, the domestic stainless steel market showed a slight decline, mainly because the continuous decline of international raw material prices cast a shadow on the future trend of the domestic stainless steel market, and the recent weakening of domestic market demand brought difficulties to stainless steel trading. According to the market monitoring of Lange Steel Information Research Center, the domestic market quotation is: Zhangpu Manufacturing: 304/2B 0.8mm cold coil 1.84 million yuan, 2.0mm cold coil 1.72 million yuan; The 304/2B 2.0mm produced by TISCO is 17000 yuan; 4.0-6.0mm hot rolled 304/ 1 flat plate 15800 yuan, the same specification 16 100 yuan produced by Zhangpu, and the 3.0mm coil plate1produced by TISCO 304/ 1. Due to the recent downturn in the international raw material market, it has also brought a huge impact to the domestic raw material market. Recently, Jinchuan lowered the price of nickel from 96,000 yuan to 90,000 yuan, with a range of 6,000 yuan. It is also the long-term downturn in domestic raw material market that leads to a serious inventory backlog, and the reduction measures of steel mills have stimulated the raw material market. Although the turnover of stainless steel market this month has improved compared with last month, it is still far from the same period of last year. However, due to the sluggish market demand, the sales of a large number of goods other than trade have improved, and all of them have reduced their own stocks, focusing on spot transactions, speeding up the withdrawal of funds and avoiding risks. However, the investigation of domestic stainless steel market shows that the inventory in the market has been greatly reduced, and some models have been out of stock. First, due to the reduction in production of steel mills, and second, traders themselves are suspected of speculating in roasted seeds and nuts. Market traders admit that the wait-and-see mood of the market is heavier now, and steel mills have also controlled the actual circulation of the market to continue to stimulate the market to continue to pull up. Although today's market transaction price is still declining, the atmosphere of market stabilization is getting stronger and stronger under the stimulation of steel mills' production reduction measures.
Charging dynamics165438+1On October 20th, the domestic charging market had a small turnover and the overall trend was stable. Details are as follows:
Billet market: Today, the domestic billet market continues to run smoothly, and prices in some areas have risen slightly. It is understood that the transactions of downstream products such as strip steel, profiles and wire screws have picked up, and the demand for billets has increased; In addition, after a sharp drop in the previous period, the billet price is basically at a low level at present, and some billet-adjusting and bundling enterprises have also begun to purchase, which has driven the billet market to develop steadily and well. However, some manufacturers said that although this situation is a good thing, the price increase motivation is insufficient, and a slight price increase in shipments will be significantly affected. It is expected that the billet market will maintain a stable consolidation operation in the near future. According to the market monitoring of Lange Iron and Steel Information Research Center, the price of carbon 150 billet in Handan area is 3,050 yuan, and the price of low alloy 150 billet is 3 150 yuan, both of which are higher than yesterday by 50 yuan. The price of plain carbon steel 150 billet in Shijiazhuang area is 3,080 yuan, and the price of low alloy 150 billet is 3 180 yuan, both of which have increased by 80 yuan. Prices in other regions remained stable. In Tangshan area, the main market acceptance price of ordinary carbon 150* 150 billet is 3050 yuan, that of ordinary carbon 165*225 rectangular billet is 3 100 yuan, and that of low alloy 150 billet is 3/kl. The price of ordinary carbon 150 billet in Shanxi is 3,000 yuan, and the price of low alloy 150 billet is 3 150 yuan; The price of common carbon 150 billet is 3 150 yuan, and the price of low alloy 150 billet is 3250 yuan. The price of 150 billet in Zibo area is RMB 3 100, and the price of low alloy 150 billet is RMB 3,200. The price of Putan 150 billet in Liaoyang, Liaoning Province is 3200 yuan, and the price of low alloy 150 billet is 3300 yuan. In Shanghai, the price of carbon 150 billet is 3200 yuan, and the price of low alloy 150 billet is 3300 yuan.
Iron concentrate market: the overall operation of iron concentrate is relatively stable. Market activity in Hebei and Shandong has increased, but it is slightly more difficult to raise prices in the market. Today, some steel mills in Hanxing raised the purchase price of refined powder to increase the loading capacity of refined powder resources, but a small adjustment did not significantly stimulate the market. Recently, Xinfu Iron and Steel intends to reduce the purchase price of iron concentrate by 20 yuan, but it has not been implemented. Recently, the domestic steel market has never played a positive role in the iron concentrate market, and the domestic ore market will be in a consolidation state in the short term. According to the market monitoring of Lange Steel Information Research Center, the wet-base market price of 66% acid powder excluding tax in Tangshan area is 600-630 yuan. The ex-factory price of 64% alkali powder wet basis excluding tax in Wu 'an area is 650-680 yuan. Shanxi 65% acid powder wet basis ex-factory price excluding tax 580-620 yuan. The market price of 66% acid powder wet basis excluding tax in Beipiao area is around 540 yuan. The ex-factory price of 66% acid powder wet basis excluding tax in Liaoyang area is around 520 yuan.
Pig iron market: The pig iron market fluctuates slightly. At present, the steelmaking stocks of most steel mills have been gradually exhausted, and the attention to the development of market conditions has been obviously improved, and the signs of resumption of production of blast furnaces shut down in the early stage of steel mills have increased. However, this recovery has not affected the market turnover of steelmaking pig iron. Some steel mills that have resumed purchasing also adopt short-distance purchasing or trade with long-term partners. The double growth of supply and demand in steelmaking pig iron market only stays at the potential level, and has not been translated into actual volume growth. The downward pressure on the foundry iron market is great, and the overall market wait-and-see atmosphere is still strong. According to the market monitoring of Lange Steel Information Research Center, the spot price of Tangshan steel refining market is 2300-2350 yuan. The market price of steelmaking in Wu 'an area is about 2350 yuan, and the market price of cast iron is about 2900 yuan. The market price of iron and steel smelting in Yicheng area is about 2,400 yuan, and the market price of cast iron is about 2,900 yuan, down by 100 yuan. The steelmaking market price in Zibo is 2250-2350 yuan. The cash price of iron and steel smelting in Harbin is around 2450 yuan, and the price of cast iron is around 2900 yuan.
Scrap market: Today, the scrap market is basically stable, with a slight increase in some areas. In order to increase the daily freight volume, Xingcheng Special Steel raised the purchase price of scrap steel twice in three days, and each time it raised the 50 yuan, the cumulative increase was 100 yuan. After adjustment, the fine charge price is 2450 yuan. Affected by this, the price of scrap steel in the surrounding areas rose slightly. Mainstream steel mills are still limiting production and production, and are still in the stage of stopping mining scrap steel. The rise of scrap price in some areas can not stimulate the overall market, so the scrap market basically shows a stable trend in the short term. According to the market monitoring of Lange Iron and Steel Information Research Center, the quotation of Beijing heavy waste market is about 1800 yuan; The market price of heavy garbage in Tangshan area is about 2 100 yuan; The market price of heavy garbage in Nanjing is about 2,380 yuan, and 60 yuan is raised; The market price of heavy garbage in Dalian is about 1900 yuan; The market price of heavy garbage in Anyang area is about 2000 yuan; The market price of heavy waste in Foshan is about 1950 yuan; The market price of heavy waste in Jiangyin area is around 2330 yuan, and 30 yuan is raised; The market price of heavy garbage in Linyi area is about 2 150 yuan; The market price of heavy garbage in Shanghai is about 2,200 yuan, and 50 yuan is raised; The market price of heavy garbage in Shijiazhuang area is about 2 130 yuan; Xi' an heavy waste market price is about 1800 yuan; The market price of heavy waste in Xuzhou area is about 2250 yuan, and 50 yuan is raised; Markets in other parts of China remained basically stable.
Coke market: Today, the domestic coke market has generally stabilized. Due to the downturn in the steel market, steel mills continue to implement production reduction plans, and the demand for coke is not strong. As we all know, the favorable factors for improvement in a short time have not appeared, and the current market turnover is still relatively light; Recently, the coke market has been falling all the way and the price has basically bottomed out. At present, the market has gradually stabilized. In addition, it was learned from Shanxi Coking Industry Association that the guidance of Shanxi Coking Industry Association on the coke market of industrial enterprises in June 5438+065438+ 10 was that the production limit should be increased to 60% ~ 70% on the basis of the original production limit of 40% ~ 50%, and enterprises can limit production to the maximum according to their actual conditions. In addition to the production enterprises that must ensure the gas supply for urban residents, enterprises with conditions can stop production for furnace body insulation, and the time for limiting production and conditionally stopping production is tentatively set for June 2009. According to the market monitoring of Lange Steel Information Research Center, the ex-factory price of secondary metallurgical coke in Taiyuan is 1 100 yuan, in Linfen 1 100 yuan, in Tangshan 1400 yuan and in Handan 1300 yuan. Ex-factory price of Shanghai secondary metallurgical coke 1.600 yuan, Zibo 1.400 yuan, Huainan 1.450 yuan, Huaibei 1.350 yuan, Pingdingshan 1.200 yuan.
Steel mill information leads steel mills to adjust their prices: On June 5438+08, Baosteel adjusted the order price of some products in February again by 65438+, and the hot-rolled pickling, hot-dip galvanizing and electro-galvanizing were generally lowered by 1000 yuan, 970 yuan by general cooling and aluminum-zinc electroplating by 1200 yuan. On the basis of the original published June 10 and June10 price lists, hot-rolled pickling, common cooling, hot-dip galvanizing and electro-zinc plating are given 1000 yuan, and aluminum-zinc plating is given 1000 yuan.
Steel mill price adjustment: On the 20th, the ex-factory price of Fujian Sanbao rebar was raised by 80 yuan; On the 20th, the ex-factory price of Xiajin Zhong Da high-speed wire rebar was raised to 40 yuan; On the 20th, the construction steel price of Nanchang Steel Plant was raised by 100 yuan; On the 20th, the price of bar steel in Hebei Qianjin was raised by 50 yuan; On the 20th, Bazhou Hongsheng Tropical raised 50 yuan; On the 20th, Bazhou Xinya Strip Steel was upgraded to 50 yuan; On the 20th, Baotou Steel issued the price policy of 65438+February, and the specifications of ordinary seamless steel pipes were lowered to 500 yuan, φ 35/kloc-φ 60 mm-φ 325 mm to 600 yuan, accumulator pipes and high-pressure gas cylinder pipes with special materials were lowered to 800 yuan, steel grades of finished oil casings and oil casings were lowered to 500 yuan, and other steel grades were lowered to 900 yuan.
Dynamics of steel mills: Xinxing Casting Pipe Group Company signed a strategic cooperation agreement with Zhejiang Provincial Government; The newly-built 1280 vertical blast furnace in Longgang, Shaanxi Province was successfully baked; Shougang Jingtang Iron and Steel Co., Ltd. signed the equipment contract for 2# continuous annealing unit and 3#/4# hot dip galvanizing unit; The second cold rolling project 1#/2# hot dip galvanizing unit equipment contract of Hanbao Iron and Steel Co., Ltd. of Hangang Group was signed; Baosteel special steel successfully trial-produced high-temperature alloy valve wire rod; Jigang Medium Plate Plant successfully produced 2.3m wide steel plate; Innovative technology of Baosteel Special Steel Tube Plant prolongs the service life of the roll: Rixing successfully rolled HRB 400φ 12mm straight secondary steel bar; The finishing mill archway of 4 100mm wide and thick plate project of Chongqing Iron and Steel Co., Ltd. was successfully assembled on schedule; Yankuang steel pipe entered the stage of comprehensive construction.
International Trends International Focus: The United States imposes 36%~40% countervailing duty on China's pipelines and pipes: Reuters reported that the United States Department of Commerce finally decided to impose 36%~40% import tariff on China's pipelines and pipes in June165438+1October 18, claiming to boycott China's unfair subsidies. Pipes are mainly used to transport oil and natural gas. In 2005, the total amount of steel pipes imported by the United States from China was US$ 2,565,438+billion, and it soared to US$ 2,566,543+billion in 2007. Some mining projects in Thailand stopped working: According to the report in Thailand's World Journal165438+1October 18, the Mining Association of Thailand is currently conducting a survey of 3,500 member enterprises to understand the operating conditions of each enterprise under the current economic downturn. It is reported that due to the reduction of private and government investment, most stone mining projects have slowed down and some projects have been suspended. If the government's large-scale investment projects cannot be implemented next year, it will seriously impact mining production. Mittal, the world's largest steel supplier, reduced production: As the world's largest steel supplier, Mittal's decision to increase production made steel industry colleagues shudder: in the fourth quarter of this year, it plans to reduce production by more than 35% in the United States and by more than 30% in Europe and Asia and Africa. It is estimated that the production reduction may continue into 2009. Although Mittal is still a very profitable company, its sales revenue in the third quarter increased by 38% to $35.2 billion, and its net profit increased by 29% to $3.8 billion, but it was lower than the previous forecast of $38.8 billion in sales revenue and $5.9 billion in net profit. Rio Tinto confirmed that it had received a statement from the European Union against BHP Billiton's takeover: Rio Tinto said it had received a letter from EU competition officials against BHP Billiton's takeover. Rio Tinto declined to comment on the contents of this letter. Earlier this year, the EU was worried that the transaction might lead to higher prices and reduce the choices of EU customers. This report is expected to focus on iron ore. Australian suspended iron ore exports to China: According to Japanese media reports, BHP Billiton and Rio Tinto suspended iron ore exports to China. The reason is that the China iron and steel enterprises that signed the long-term order contract notified the Australian side to postpone the performance of the contract due to the reduced demand. The media predicted that the excess iron ore will affect the price negotiation between Australian companies and China and Japanese steel companies in 2009.
International market: Weekly output statistics of crude steel in the United States: According to the data released by American Iron and Steel Association, during the week of June 165438+ 10+May 2008, the United States produced crude steel10.4 million short tons, and the capacity utilization rate was 58.7%. Output decreased by 33.7% year-on-year (crude steel output was 2 10/0000 short tons in the week ending on October 5, 2007, and the capacity utilization rate was 88.5%), with a year-on-year decrease of/kloc-0.1%(week-on-week). India's domestic steel industry had previously lobbied the government to impose an import tax of 10% on related steel products to curb imports and help domestic steel prices fall. Previously, imported iron ore, pig iron, talents and other steel products, as well as raw soybean oil were completely tax-free. From June to September this year, China became the second largest import source of Malaysian steel products. Due to the strong market demand, the total import of steel products in Malaysia from June to September this year was 210.93 billion Malaysian ringgit (about 6.27 billion US dollars), an increase of10.06% compared with the total import of10.80 billion Malaysian ringgit in 2007. The main import sources of Malaysian steel products are Japanese RM 48 1.37 billion (/kloc-0.37 billion US dollars), China RM 3.0/kloc-0.80 billion (US dollars 860 million) and South Korea RM 2/kloc-0.70 billion (US dollars 620 million). China has become the second largest import source of Malaysian steel products. In the first quarter of 2009, the price of Japanese hot coil was about $700; In the first quarter of 2009, the price of hot rolled coil in Japan may be around 700 dollars. Japanese steel prices have tripled this year, but due to the financial crisis and the resulting economic downturn, Japanese steel mills have to cut prices. Japanese steel mills think that the price of hot-rolled coil may be 700-800 dollars next year.