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More release 'shutdown' steel prices or fall after rise first

by:Hongmei     2020-04-20
http://www。 shcsojin。 Cn/September 21, 2017, Beijing, tianjin, handan, jinan and other cities have issued a 'shutdown', in addition to the national key project of Beijing, from October to march, autumn and winter to stop all kinds of conditions. Widely expected, the 'winter' of the construction industry will make subsequent steel prices fall. Analysts horsepower on interface journalists, according to the analysis in addition to 'shutdown', steel prices also affected by raw coke prices. His judgment first fall after rise of steel prices will likely, and different species will be mixed. Horsepower, said steel inventories in low and middle low level, even now basically is 12 million tons, is relatively low in recent years. From the steel demand, investment growth in the fall, especially the evidence of accelerating investment growth fell back in August. And high production in July and August, make the recent building materials varieties increase inventory, increase from 4 million tons to 4. 7 million tons. Plus the autumn winter shutdown of the construction industry is expected, power analysis, construction steel prices is likely to be in the '11' in 200 - tons of price after holiday 300 yuan, but is unlikely to be collapsed. 'Especially after the mid to late October and early November, in addition to the factors influencing the steel price policies and procedures, and coking coal supply shortages gradually, the market is still likely to stop falling rebound, do not rule out the possibility of prices hit new highs this year. 'Marion said. Last year, steel prices the main reason is cost push inflation, because coke to leak, the sharp rise in price, tons of price from 1000 yuan to 2000 yuan. This year, according to the ministry of environmental protection policy of '2 + 26' city of coke production starting in October, the overall limit production 30%, approximately hundred enterprises, coke production capacity of 1. 600 million tons. 'The overall limit production 30%, monthly will reduce 4 million tons of coke production, corresponding to the material requirement of steel could affect 8 million tons of iron production. 'Marion said. In this case, the steel price is likely to recover from. '2 + 26 cities' refers to the atmospheric pollution transmission channel of the beijing-tianjin-hebei region, including Beijing, tianjin, shijiazhuang, hebei province, tangshan, langfang, baoding, cangzhou, hengshui, xingtai, handan; Taiyuan, yangquan, changzhi, jincheng in Shanxi Province; Jinan, zibo, jining, Texas, liaocheng in shandong province, binzhou, heze; Henan zhengzhou, kaifeng, anyang, hebi, xinxiang, jiaozuo, puyang. Horsepower, limit production policy and environmental policy for the influence of different varieties of steel is likely to appear differentiation, on the impact of different species is different. 'The biggest impact is medium plate, hot-rolled coil, followed by board series, minimal effects for rebar steel wire. 'Marion said. ' the influence of the environmental protection policy for the whole construction steel prices basically is neutral. ”  ( Article source: interface)
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