Steel prices have limited upside

In the 31st week of 2011 (7.25-7.29), the Lange Steel (LGMI) Composite Price Index reached 193.9 points, a 0.31% increase on a week-on-week basis and a 19.95% increase from the same period last year. Among them, LGMI long products price index was 222.2 points, a week-on-week increase of 0.44%, an increase of 24.35% over the same period last year; LGMI sheet metal price index was 159.7 points, an increase of 0.11% on a week-on-week basis, an increase of 13.25% over the same period last year.

From the Lange Steel Price Index, it can be seen that in the 31st week of 2011 (7.25-7.29), the domestic steel market as a whole showed a slight upward trend, the long products varieties were mixed, and the sheet varieties were stable and slightly increased. The price was slightly higher than last week, with the high price rising slightly, while the rebar was slightly adjusted; while the price of plate species was slightly higher, with the market price of cold plate rising slightly, while the hot coil, medium plate and galvanized plate The market price is basically stable. From the regional perspective, prices in the northeast region have been slightly adjusted, prices in the North China region have basically remained stable, and prices in South China, East China, Central China, Northwest and Southwest have all increased slightly.

In the 31st week of 2011 (7.25-7.29), the national average price of domestic steel (long products and sheet) market was 5041 yuan (ton price, the same below), up 18 yuan from last week (5023 yuan), compared to the end of June (4956 Yuan) rose 85 yuan.

According to the Lange Steel Information Research Center weekly price forecast model data, it is estimated that the overall domestic steel market price will fluctuate steadily in the next week (2011.8.1-8.5), the long product market price will rise slightly, and the plate market price will rise and fall. Interact with each other. The Lange Steel Composite Index is expected to fluctuate around 194.5 points. The average price of steel is around 5,050 yuan (see Figure 1 for details), and the average fluctuation is around 20 yuan.

1. The market price of major steel products in the country rises or falls

According to market monitoring by the Lange Steel Information Research Center, as of July 29, 2011, the prices of 12 major steel products in 10 major cities in China have risen and fell. Including: Φ6.5mm high line average price of 4980 yuan, up 31 yuan last week; Φ25mm secondary rebar average price 4968 yuan, up 2 yuan last week; 5.5mm hot rolled coil average price of 4832 yuan, than Weekly up 9 yuan; 1.0mm cold-rolled coil average price of 5494 yuan, up 14 yuan over the previous week; 20mm plate price 4861 yuan, down 3 yuan from last week; 4 inches welded pipe price is 4984 yuan, up 39 from last week Yuan; 108*4.5 seamless pipe price is 5830 yuan, which is unchanged from last week; 25# I-beam price is 4884 yuan, which is 14 yuan higher than last week; domestic 5# angle steel price is 4842 yuan, which is 10 yuan higher than last week; 25 # Channel price of 4761 yuan, up 11 yuan last week; 1mm galvanized sheet price 5823 yuan, up 5 yuan last week; 0.47mm color coated board price 6593 yuan, unchanged from last week.

According to the price data of 17 categories of 31 steel grades monitored by the Lange Steel Information Research Center market, the prices of major steel products in the 31st week of 2011 (7.25-7.29) increased or decreased, and some cities and some varieties rose slightly. As compared with the 30th week, the number of rises slightly decreased, the number of flats increased slightly, and the number of declines remained unchanged. Of these, 14 species rose, one less than last week; 13 were flat, 1 increase from the previous week; 4 species fell and remained unchanged (see Table 1 for details). The price of domestic steel raw materials market rose steadily or slightly, the coke and scrap market prices remained stable, the iron ore market price rose by 20 yuan, and the billet market price rose by 30 yuan.

2. The ex-factory prices of long steel and sheet products of leading steel mills are not adjusted

As the current overall steel market presents a small fluctuation and consolidation, small steel mills (new Fushun Steel, Handan Iron and Steel, Jiyuan, etc.) and large steel mills adopt a steady increase in the ex-factory price of long products, and the adjustment rate has increased. Large, at the same time, the ex-factory price of plate species is mainly adjusted in a steady manner, and the adjustment direction is not uniform. This week, Kunming Iron and Steel, Hubei Iron and Steel, Shougang, Liuzhou Iron and Steel, Hegang, Jinsteel, Ping Steel, Kunming Steel and New Steel have issued pricing policies for major steel products.

Plate species:

On the 25th, Kunming Steel's cold rolled down 9 yuan and hot rolled down 9 yuan.

On the 26th, the Liuzhou Iron and Steel Board remained inactive, the low-alloy plate remained unchanged, the HRC did not move, the cold roll increased by 50 yuan, and the chilled coil increased by 30 yuan.

On the 26th, the price of new-manufactured steel plate was adjusted to 50 yuan, on board 50 yuan, 50 yuan on the boiler plate, and the container steel was not moved; the hot coil was not moved, the low-alloy coil was not moved, SPHC was increased by 50 yuan, and the pattern roll was not moved; The chilled coil is increased by 50 yuan and the electrical steel does not move.

At present, the prices of mainstream varieties have risen and dropped, making the market price of the 31st week of 2011 (7.25-7.29) upside-down with the ex-factory price increased, and the ex-factory price of 8 steel varieties is higher than the market price (see Table 2 for details). Compared with last week, there are three kinds of increase, due to the market price fluctuations, although the factory price adjustments are not the same, the downside is basically the same; at the same time there are stainless steel heat level, cold rolled, narrow strip and medium broadband steel market price is lower than Cost price.