Baosteel cautiously raised the steel price by 100%

Baosteel cautiously raises the steel price 100

when the steel season is not prosperous Baosteel cautiously raises the steel price yuan/ton

China Construction machinery information

Guide: on September 14, Baosteel, as the vane of domestic steel price trend, officially introduced the steel price in October, and the increase range of mainstream products is between 100 yuan and 300 yuan/ton. Some industry analysts believe that the steel price increase of Baosteel is in line with industry expectations and belongs to an expected moderate rise. If the software online is normal this week, WISCO and Angang will also

among them, the hot-rolled low-carbon varieties are increased by 300 yuan/ton, and other hot-rolled varieties are increased by 150 yuan/ton; The price of ordinary cold rolling is increased by RMB/ton, and the price of stainless steel products is reduced by 100 yuan/ton on the basis of the price of directly affiliated factories. Hot dip galvanizing is increased by 260 yuan/ton, non oriented electrical steel for high-end products is increased by 350 yuan -380 yuan/ton, and thick plates are generally increased by 150 yuan/ton

at present, steel mills in Hebei, Jiangsu, Shandong and other places generally cut production and shut down due to power rationing. Last week, the steel market price soared, but then fell, the market transaction was flat, and the downstream wait-and-see atmosphere was strong. The effect of production reduction still needs time to be verified. The above industry analysts told the China Securities Journal that although the traditional peak season of "golden nine and silver ten" is not prosperous enough, the market has a consensus on the rise in steel prices. This time, Baosteel introduced the steel price policy in October, which is later than the originally scheduled 10th of each month, which actually shows that the steel mills have differences about the rise

on September 11, Hebei Iron and Steel Group has raised the prices of some construction steel products of Tangshan Iron and Steel Co., Ltd., Xuanhua Iron and Steel Co., Ltd., Chenggang iron and Steel Co., Ltd. and Hangang iron and Steel Co., Ltd., which are awaiting downstream demand verification; In the macro central bank's RRR reduction, wire rod rose by 200-300 yuan per ton, and rebar rose by 150-180 yuan per ton. On the 11th, Shagang, the largest building material steel plant in China, also introduced some product price policies in mid September based on the previous price policies, with an increase range of 70-300 yuan/ton

Sheng Zhicheng, Deputy Secretary General of the professional committee of steel logistics of China IOT, said that the overall trend of steel prices is positive, but at present, the demand in the traditional peak season is weaker than in previous years, and due to the recent financial pressure, it is generally not too optimistic