Steel mill price adjustment continues decline

In recent days, a total of 22 major steel mills in the country have issued price adjustment information. The number of price-adjusted steel mills has decreased from the previous day, and prices have continued to decline across the board. The downward adjustment ranged from 6 yuan/tonne to 180 yuan/tonne. Among them, the reduction in the ex-factory price of construction steel was basically the same as that of the previous day, and the reduction in the ex-factory price of sheet steel had somewhat contracted.

Among them, 15 of the above-mentioned steel mills adjusted the ex-factory price of construction steel products, and the general price fell. The downward adjustment ranged from RMB 6-70/t. At the same time, four of the above-mentioned steel mills adjusted the ex-factory price of sheet metal products, and the price was adjusted downwards, falling by RMB 20-180/ton, and the decline was somewhat narrowed. In addition, there are two steel mills to adjust the ex-factory price of the profile varieties, prices continue to decline, a drop of 20-50 yuan / ton.

From the viewpoint of construction steel, the steel mills that introduced the price adjustment were mainly concentrated in East China, Southwest China, North China, Northwest China, and Northeast China, and the prices of steel products for construction of major steel mills in the above regions all fell, falling by RMB 6-70/ton. Not equal. Among them, the number of steel mills in East China, North China, and Northeast China are relatively large, and the magnitude is also large. The reduction rate in East China is between RMB 20-70/ton; the reduction in North China is between RMB 6 and RMB 50/ton; the reduction rate in Northeast China is 20-50 yuan / ton; southwest, northwest steel mills price adjustment rate is relatively small, the reduction rate of 20-30 yuan / ton.

Among the major varieties of building materials, there are a large number of price adjustment steel mills for the Φ6.5mmQ235 high-line and HRB335Φ20mm rebar steel, and the price has been generally lower, while the remaining two varieties are slightly less. Among them, the Φ6.5mmQ235 high-line factory price reduction in the range of 6-50 yuan / ton; HRB335Φ20mm rebar factory price reduction in the range of 12-50 yuan / ton; HRB400Φ20mm rebar factory price reduction in the range of 20-50 yuan / ton; HRB400 Disk screw Φ8-10 factory price reduction range of 20-70 yuan / ton. Among them, East China Zhejiang Fuzhou Iron and Steel respectively lowered its HRB335Φ20mm rebar and coil factory prices 50 yuan / ton and 70 yuan / ton.

On the sheet side, yesterday, four steel mills adjusted the ex-factory prices of sheet products and prices fell. Among them, Xicheng Steel in East China and Zhaoshun Stainless Steel Plate lowered the price of their Q23520mm Puzhong plate by RMB 20 and RMB 30/ton respectively; in the North China region, the price of their Q23520mm Puzhong plate was reduced by RMB 180/ton in Northwest China; Steel Lanzhou cut its SS4004.75 general price of 60 yuan/ton; Northwestern Jiuquan-Urumqi cut its Q23520mm common plate and SS4004.75 common ex-factory price by 20 yuan/ton respectively; The price of Q23520mm Puzhong plate and SS4004.75 common volume is 100 and 150 yuan/ton.

In addition, two steel mills yesterday adjusted the ex-factory price of the profile products, and prices continued to decline. Among them, Tianjin Jiangtian in North China lowered the ex-factory price of its 16# channel steel and 25# I-beams by 20 and 40 yuan/ton respectively; Anshan Baode in Northeast China lowered its Q2355# angle steel, 16# channel steel and 25# I-steel factory. The price of 50 yuan / ton.

With the intensification of the difficult situation of steel mills' shipments and the continuous decline in the prices of raw materials, a number of domestic leading steel mills have recently reduced the ex-factory price of steel products, resulting in a reduction in the price of many steel mills. Suffered by this, the steel spot market was hit, the business mentality was pessimistic, and the offer continued to decline.

In terms of building materials, yesterday's date snails continued to explore, and the spot market continued to look bearish. The price of building materials was lowered, but some markets remained stable. Data show that on the 22nd, the average price of HRB40020MM rebar in 25 major national markets fell by 16 yuan/ton from the previous day; on the 22nd, the average price of 6.5mm high-line in 24 major markets across the country fell by 14 yuan/ton from the previous day. The decline has increased more than the previous day. The thread mainstream market has all fallen. The high-line market has fallen in Guangzhou, and Beijing and Shanghai have remained stable.

On the other hand, with respect to sheet materials, as the price of steel sheet continues to decrease, business concerns have been heating up, and resource prices in some regions have declined. Data show that the average price of 20mm plate in the 23 major markets across the country fell by 21 yuan per ton on 22nd; the average price of Q235B4.75mm hot-rolled coil in 24 major markets across the country fell by 19 yuan on the 22nd Ton. The falling market has increased and some mainstream markets continue to decline.

As the price of billet and other raw materials continues to decline, the profile market is under pressure from sales, and businesses have lowered their offers. According to the data, the average prices of 5# angle steel, 16# channel steel and 25# I-beam in some major markets across the country fell by 18, 12, and 6 yuan/ton respectively on the 22nd, with a slight contraction in the decline, holding the market at the most. Zhengzhou 16# channel steel fell the most, reaching 110 yuan/ton.

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