August supply and demand of home appliances steel and price trend

Electrical steel: prices have bottomed out

In August 2013, the domestic low-grade non-oriented electrical steel prices rebounded at the bottom, and the overall increase ranged from 150 to 350 yuan/ton. At the beginning of the month, the spot market of non-oriented electrical steel still maintained the trend of low consolidation. In the middle of the year, the stock of electrical steel fell in a low level. Under the stimulation of the order prices raised by Wuhan Iron and Steel and Baosteel in September, the long-term downturn in the electrical steel market ushered in a glimmer of sunshine. Due to the attitude of buying and not buying or falling, the end-users are actively stocking, and the number of users who ask for goods in the market is significantly increased, prompting a significant increase in volume in the short term. Market inventories continued to decline, and some merchants reluctantly sold their minds to increase, which accelerated the continued rise in market prices. In the late period, the price of electrical steel gradually stabilized and the market volume shrank slightly. The major electrical steel mills policies were announced one by one, the overall price increased by 120 to 200 yuan / ton range, and some steel mills even reduced the order discount. However, due to the market price reflected in advance, the stimulation of steel mills on the market gradually diminished, and the market's upward momentum was insufficient. Taking Shanghai Wugang 50WW800 grade of non-oriented electrical steel as an example, the monthly average price of the market is 5470 yuan/ton, which is increased by 53 yuan/ton compared with July.

To sum up, the current low-grade non-oriented electrical steel prices rose rapidly, and later the price increase of electrical steel market will slow down. The main influencing factors are as follows: First, the downstream demand will gradually pick up with the increase in purchase volume, but this year's economic environment is not good, the terminal export situation is not ideal, the actual demand is still in a weak situation; Second, the overall market inventory is biased. The low position will play a supporting role in the market price. Third, the ex-factory price of the steel mills will continue to increase. The market price will also increase further. Fourth, the steel mills' limited production and maintenance policies, such as Baosteel and Shougang in September, will continue to limit production. policy. In short, due to the rapid increase in the market price of electrical steel in August, the market acceptance still needs a transition period. In September, the market price of electrical steel increased gradually and the market entered a consolidation period. (China United Iron and Steel Network Cheng Zhiming)

Coated plate: price slightly increased slightly

In August 2013, although the spot market shipments did not improve, but in the case of limited cost support and spot resources, the coated plate market price has remained stable with a slight increase, and high-priced transactions have been limited. Specifically, this month's galvanized sheet thickness specifications are generally stable, and spot shipments have been deserted. Taking the 1.0mm specification as an example, the mainstream price of 80g zinc-free galvanized steel plate in Shanghai's Sadongben Steel at the end of the month was 4580 yuan/ton, but due to poor shipments, some merchants dropped prices and other reasons, once a month reached 4,530 yuan. / Ton, which was spurred by the escalation of various steel mills in September and the increase in prices of upstream products, remained at around RMB 4,550/tonne in the end of the year; steel mills have full orders for August cold-rolled galvanized sheet futures and limited resources for the spot market. The thin galvanized sheet goes up by 50 yuan/ton, which is a significant increase compared with the thick gauge, mainly due to the fact that the price of the direct raw material hot rolled coil C is pushing up; the color coated sheet shipments have been poor, but the direct raw materials The cost has gone up, and the actual operation of the company has experienced upside-down and losses. Therefore, some mid-monthly manufacturers have increased their prices by 20 to 100 yuan per ton, and the high-priced shipments have been low. Such as color coated 0.47mm specifications, North China's mainstream private enterprises have adjusted the price to 5070 yuan / ton, while Jiangsu and Zhejiang and other mainstream private enterprises will be adjusted to the price of 4950 ~ 5350 yuan / ton, the price has increased over the previous month .

In September, the order prices of steel mills were high, and there was no significant increase in spot resources. The home appliance and automobile industries ushered in the production season, the weather turned colder, construction demand increased, and the recent macro policies favored the steel market. These support to some extent In September, the plate coating market will remain stable, and the release of downstream demand will become the main factor in whether prices can be raised again. In short, the coated plate market in September will continue to be stable, and it is not ruled out that some downstream users or middlemen are expected to be optimistic in October, and advance purchases, setting off a slight increase in market prices. However, if the price of coated steel plate intensifies, all parties concerned have tight credit facilities at the end of the third quarter, downstream demand has not been released, and the coated plate market that has been sideways for two months has not ruled out a slight correction. (China United Steel Network Zhang Meiyu)

Cold-rolled plates: prices oscillate upward

In August, the domestic market price of cold-rolled plates rose across the board. Some cities rose more than one hundred yuan, and the rising pattern was dominated by upward fluctuations. The reasons are as follows: On the one hand, the reduction in shipments of steel mills leads to a decline in market circulation resources and creates a situation where “the price of goods is less and less expensive”. On the other hand, the driving force of rising costs cannot be ignored. The leading steel mills have significantly increased their shipments in August. The price increases the cost of late arrival, and the easing of market monetary policy also makes the market mentality tend to improve.

In August, the domestic plate-dominated steel mills continued to increase the price of the new phase, and the rate of increase was relatively significant, between 100 and 160 yuan. Among them, Baoshan Iron & Steel's September cold-rolled board factory price increased 120 yuan, Wuhan Iron and Steel raised 100 yuan, Anshan Iron and Steel raised 135 yuan, Ben Steel raised 120 yuan, Shougang raised 120 yuan in North China, East China raised 120 yuan, South China raised 170 yuan, Hebei Iron and Steel Group raised 140 yuan, Maanshan Iron & Steel raised 100 yuan, Baotou Steel raised 90 yuan.

According to the monitoring of Lange Steel Information Research Center, as of August 28, the average price of the 1.0mm cold-rolled sheet market nationwide was 4,450 yuan (t price, the same below), up 86 yuan from July. The market price of Shanghai Maanshan Iron & Steel 1.0mm cold-rolled sheet is RMB 4470 yuan, the price of Beijing Shougang 1.0mm cold-rolled sheet is RMB 4440 yuan, and the price of Tianjin Tanggang 1.0mm cold-rolled sheet is RMB 4380 yuan, which is RMB 90 higher than the end of July respectively. , 60 yuan and 100 yuan.

In September, there were a lot of good news in the market. The Third Plenary Session of the 18th CPC Central Committee will be held in November. In the early stage, there will be supporting policies announced in advance, which are expected to have a positive impact on the market. In addition, in September, due to the continuous decline in market inventories, the downstream vehicles, air-conditioning demand is expected to be released slightly and other factors, cold-rolled sheet market prices may have positive performance. However, due to the previous period's upward pressure on the September market, it is expected that the domestic cold-rolled sheet market will see a narrower rise in September, and the overall tone will be steady, moderate, and small. (Lange Steel Information Research Center Ma Guanghui)

Stainless steel: prices rose sharply

In August, the domestic market price of major stainless steel rose sharply. The continued rebound of Nickel Nickel is considered to be the main reason for the sharp increase in domestic stainless steel prices in leading cities. In the latter half of the year, the major steel mills adjusted their futures prices in different ranges. The futures prices in the next month consolidated the rise of stainless steel to a certain extent. As of August 26, Lun nickel electronic trading price was 14,535 US dollars / ton, the month rose a total of 685 US dollars / ton, an increase of 4.95%.

From the ex-factory price point of view, TISCO 304 cold rolled plate rose 1500 to 17600 yuan / ton, 304 hot rolled plate (3 ~ 12mm) rose 1200 yuan to 16800 yuan / ton, 304 hot rolled plate (16 ~ 20mm) flat The plate was up to RMB 18,100 per ton; Baosteel's 304 cold-rolled plate rose to RMB 17,000 per ton, and 304 hot-rolled plate was up to RMB 15,700 per ton.

According to statistics from Lange Steel Information Research Center, as of August 26th, the domestic market price of stainless steel 304/2B/2.0mm coils in ten major cities in China was 151.7 million yuan (ton price, the same below), up from the same period of last year in July. 10 yuan/ton. The main market: Wuxi, TISCO production of 304/2B/2.0mm coil market price is 15,100 yuan, Zhangpu, Qingpu 304/2B/2.0mm coil market price is 15,200 yuan; Foshan, Zhang Pu, Qingpu The market price for producing 304/2B/2.0mm coils is 15,100 yuan.

On the whole, although there was no surprise in the sales of stainless steel in August, the price increase did not change the previous dilemma of continuous decline, but the arrival of the traditional peak season in September and the cost of getting goods from traders with high steel resources will help. Stainless steel companies stick to the current price position. In September, the domestic stainless steel market price is expected to stabilize in the first half of the month, while it is still likely to rise in the second half of the month.