The hottest output is at a record high, and the de

The output is at a record high and the demand is uncertain. The Dezhou and Yucheng financial departments invest 10million yuan every year to support the experts' suggestions that steel enterprises reasonably control the production pace

since July, with the steel price hitting a new high in the year, the average daily output of crude steel has also hit a record high. According to the data recently released by the National Bureau of statistics, in June, the domestic crude steel output was 80.2 million tons, with a year-on-year increase of 7.5%, and the daily average steel output was as high as 2.673 million tons, hitting a record high on the basis of the record high in April and may. Insiders said that in the case of uncertainty in demand, it is necessary to be vigilant against the risk of steel price accumulation. Iron and steel enterprises need to reasonably control the pace of production

crude steel output hit a new high

Shanghai Nonferrous metal steel data showed that the average profit per ton of crude steel in June was 829 yuan/ton. High profits are the main driving force behind the record high crude steel output

in terms of steel enterprise output, Valin steel produced 1.38 million tons of iron and 1.67 million tons of steel in June; In June, the cumulative output of iron was 7.7 million tons and that of steel was 9.36 million tons. In June, the steel output was 1.56 million tons, and the sales volume was 1.52 million tons; In June, the cumulative output of steel was 8.8 million tons, and the cumulative sales volume was 8.9 million tons. In the first half of the year, the production of iron, steel and materials of the company hit a record high in the same period

in the first half of the year, the iron and steel output of Anshan Iron and steel exceeded the plan month by month; The output of iron, steel and timber reached the highest level in history

Shanghai Nonferrous Metals believes that, on the one hand, independent electric arc furnace enterprises are put into production intensively; On the other hand, in the case of long process and limited production, in order to pursue high profits, steel enterprises have increased the feeding ratio of scrap and other raw materials. The utilization status and demand of packaging and other industries after the end of production restriction in the heating season; The steel plant still maintains a high proportion of raw materials into the furnace, so the output of crude steel increased significantly year-on-year. The environmental protection and production restriction in June mainly affected the sintering pellets and had a limited impact on the crude steel

according to the National Bureau of statistics, in June 2018, the output of pig iron was 65.88 million tons, an increase of 3.8% year-on-year. Shanghai Nonferrous Metals believes that driven by high profits, steel mills generally tend to use high-grade lump ore, and the ore grade has been improved compared with the same period last year. At present, the sinter feeding grade is about 56%, an increase of 0.3% over the same period last year; In the early stage, coke prices soared due to environmental protection. Tangshan secondary metallurgical coke rose from 1670 yuan/ton in early May to 2320 yuan/ton in mid June, an increase of 39%. The steel plant reduces the coke ratio by improving the overall ore feeding grade. When the ore grade is increased by 1%, the coke ratio can be reduced by 2% and the pig iron output can be increased by 3%; In June, the production restriction of environmental protection is mainly the restriction of sintering pellets in some areas. The steel plant can offset the impact of environmental protection and production restriction by outward mining and increasing the proportion of lump ore into the furnace

in addition, the increase of crude steel production is also related to the statistical caliber

"in the past, the output of 'ground bar' was not included in the statistics. Last year, the 'ground bar' was fully cleared, but the corresponding demand did not disappear. The compliance steel plant met this demand by increasing its output." The relevant person in charge of China Iron and Steel Industry Association said that even excluding the above factors, the output is indeed too high. Call on enterprises to reasonably control the pace

future risks need to be vigilant

since July, high temperatures have continued throughout the country, and steel consumption has entered the traditional off-season. But recently, the steel market has gone up against the trend. Statistics show that the recent spot billet price has increased by 120 yuan/ton, and the spiral of finished products has increased by 100 yuan per ton on average

analysts believe that this is mainly related to environmental protection and production restriction, which constitutes the complete industrial chain of aluminum extrusion, die casting, plate, strip and foil, composite aluminum based materials, and recycled aluminum resources. Since May, the steel industry has carried out special spot checks to resolve excess capacity, prevent the resurgence of "ground steel" and "look back" by environmental inspectors

however, there is still uncertainty about future steel demand. In the first half of the year, the growth rate of fixed asset investment continued to fall, infrastructure investment decelerated significantly, and the demand for steel for transportation was affected. Although the investment in real estate development rebounded, the investment in construction and installation projects of real estate development enterprises increased negatively. Coupled with the high temperature and heat, the enthusiasm of site procurement is not strong, the steel demand is difficult to release, and the incremental space of future demand is limited

but there are also some positive factors. According to monitoring data, as of July 13, the social inventory of steel in 29 key cities across the country was 8.382 million tons, with a decrease of 172000 tons on a weekly basis. With the tightening of environmental protection policies, Vice Mayor Chen Biao delivered a speech, adding factors such as the decline in inventory, steel prices have been relatively strong recently

analyst Ma Li said that under the influence of factors such as the continuous decline in investment growth, high temperature and rainy summer, the high-yield operation of the steel market needs to be vigilant against future market risks