Last week, the price of raw materials in the domestic market rose steadily, and the price of iron ore rose sharply.Coke prices overall stable, although individual steel mills proposed to reduce the coke purchase price, but coking enterprises do not accept, coke prices in the short term is difficult to fall;The market price of coking coal is stable on the whole. In the case of relatively good resource supply, it may be stable with a decline in the later period.The scrap steel market as a whole is running strongly;Ferroalloy prices of main varieties have risen steadily.The price changes of the main varieties are as follows:
The price of imported iron ore rose sharply
Last week, the price of imported iron ore rose sharply. On the one hand, the overall steel price rose sharply. During the Spring Festival, the consumption of iron ore caused the inventory of some steel mills to decrease, and they will continue to purchase later.On the other hand, US dollar monetary policy is loose, global commodity prices are rising, market participants still expect iron ore prices to rise.In the first week after the Spring Festival, most steel mills still focus on inventory digestion, and there will be appropriate procurement in the near future. However, the overall increase in shipments from foreign mines will appropriately reduce the expected increase. Industry insiders believe that the iron ore market price will remain strong overall.
Coke mainstream market prices stable
After the Spring Festival holiday and the domestic coke mainstream market prices stable, port prices down slightly.Affected by the festival, transportation in some regions is limited, and coke inventory rises slightly, especially in Ningxia and Inner Mongolia, coke sales pressure increases.Traders temporarily wait and see, coke enterprises directly into the supply of steel mills, leading to a significant rise in the inventory of metallurgical coke in North China steel mills, some steel mills have controlled the amount of goods.Shanxi a few steel mills have sent a letter asking the price of metallurgical coke down 100 yuan/ton, but coke enterprises did not accept, and individual coke enterprises have also sent a letter to increase the price of metallurgical coke 100 yuan/ton, steel coke enterprises began to game.Southern steel mill inventory did not rise significantly, East China leading steel mill holiday inventory fell to a historic low, recently added to about 11 days, but metallurgical coke purchase price has no adjustment plan.Due to the sharp rise in steel prices after the festival, steel mill blast furnace operating rate is higher, the demand is relatively good, the industry is expected to increase the game of steel coke enterprises in the near future.
Mainstream coking coal market prices stable
After the Spring Festival, domestic coking coal mainstream market prices stable, loose in some areas.Most of the mines have resumed production, and some plan to do so in the near future.Shanxi Linfen low sulfur coking coal mainstream acceptance price is 1500 yuan/ton ~1520 yuan/ton, 30 yuan/ton ~50 yuan/ton lower than the previous high;The price of individual coal mine (MT14) fell sharply in the early stage. After the inventory fell, it rose 50 yuan/ton to 1450 yuan/ton at the spot exchange rate.Changzhi low sulfur coking coal prices plan to fall 30 yuan/ton ~50 yuan/ton to 1500 yuan/ton ~1520 yuan/ton (acceptance price).Henan Xuchang, Hebi part of the lean coal price plan, is expected to range in 40 yuan/ton ~50 yuan/ton.Recently, some downstream coking enterprises are less motivated to purchase, mainly to reduce storage, and freight has recovered to the normal level, it is expected that the short-term domestic coking coal prices will be mainly stable, partial decline.
Steel scrap prices stable and strong operation
Last week, the domestic scrap steel market price stable and strong operation, northern and some parts of eastern China prices went up substantially.The purchase price of scrap steel in the leading steel enterprises in Jiangsu has not been adjusted. The price of scrap steel in the leading steel enterprises in Shandong has been increased by 80 yuan/ton ~100 yuan/ton compared with before the festival. The price in other regions is expected to rise along with it.The overall price of scrap steel in central and southern China and southwest China has not changed much. At present, the production of most scrap steel processing enterprises has not returned to normal, the market supply of goods is small, and the steel mills have enough inventory, and the driving force for rising after the Spring Festival is temporarily insufficient.Steel scrap prices in North China and Northeast China took the lead in rising sharply, with low steel mill winter reserves, and post-festival billet and finished material prices rising, driving the local steel scrap prices higher.With the gradual recovery of scrap market resources and the firm price of finished materials, it is expected that the domestic scrap market price will go up in the near future, with a range of 50 yuan/ton ~80 yuan/ton.
Ferroalloy prices to rise mainly
Last week, ferroalloy market prices to rise.In the general alloy, the price of ferrosilicon, silicon manganese stable, high carbon ferrochrome price increased slightly;In the special alloy, vanadium, iron molybdenum prices rose slightly.Specifically:
Northwest giant ferrosilicon temporarily not offer, ferrosilicon enterprises slightly tired library during the holiday, mostly factory delivery to complete the order, the overall delivery pressure is not big, producing daily ferrosilicon production around 17000 tons, parts of Inner Mongolia backward production capacity, the file has not been finally settled, the personage inside course of study of ferrosilicon afternoon more optimistic, the steel has not yet started in March procurement tender, market is given priority to with watching, ferrosilicon price run smoothly in the short term.Inner Mongolia power rationing continues, silicon and manganese manufacturers supply is tight, Ningxia silicon and manganese enterprises normal production, some southern silicon and manganese small and medium-sized enterprises stopped production before the Spring Festival, has not resumed production.Some merchants offer in the tentative rise stage, the transaction is general;Mainstream price of raw material manganese ore is stable, and silicon and manganese market price is mainly stable in the short term.Due to the high carbon ferrochrome profit is considerable, the main producing areas in the south – Guangxi, Hunan, Guiyang and other places to accelerate the recovery of production after the festival, to a certain extent to alleviate the tight market supply situation, at the same time, high carbon ferrochrome imports have increased, is expected in the short term high carbon ferrochrome prices rise slowly.
The domestic vanadium alloy market inquiry price phenomenon gradually increased, the market activity has improved.Foreign vanadium prices rose continuously.Panzhihua steel vanadium-nitrogen alloy weekly guidance price significantly increased by 9000 yuan/ton to 165,000 yuan/ton, boosting business confidence, most manufacturers suspended quotation, market price chaos.Four big vanadium manufacturers have not released long association price, the price is expected to increase substantially, the current market resources are tight, is expected to continue to strong vanadium alloy market operation.The domestic price of ferro molybdenum in the international market price rises under the drive to go up gradually, the market inquiry is more, but the actual transaction is limited.Molybdenum concentrate business wait-and-see mentality thick, the price is temporarily stable, it is expected that the market price of ferric molybdenum will continue to rise in the near future.
Post time: Feb-26-2021