The hottest output inventory hit a new high, and s

Output and inventory reached a new high, and some steel enterprises lowered their ex factory prices

output and inventory reached a new high. Some steel enterprises lowered their ex factory prices

China Construction machinery information

Guide: on the 18th, Angang Steel lowered its plate prices in April. China Securities News learned that Benxi Iron and steel will increase preferential treatment while keeping the ex factory price of plates flat in April. According to the data released on the China Steel coordination day, the average daily output of crude steel in China was estimated to be as high as 2.0846 million tons in early March, with a month on month increase of 2.48%, setting a record of China

Hu Yanping of China United Steel said that plate prices have continued to decline recently, with a cumulative decline of 10% for some varieties. A large part of Angang's products are sold through agents. In the past few months, the ex factory price of the steel plant has been higher than the market price. If the price is not adjusted in time, the order will encounter resistance. Although the recent boycott of steel mills by agents in Hangzhou has nothing to do with Angang, it can also reflect the problem to a certain extent

after closely following Angang Steel, Benxi Iron and steel will adopt the strategy of obvious leveling and hidden reduction. According to Hu Yanping, although all varieties of Benxi Iron and steel will remain flat in April, the discount of hot rolled coils will increase by 450 yuan/ton, and the transportation subsidy will increase by 50 yuan/ton; Therefore, the testing of steel wire elongation is more difficult than that of cold rolled coil. The preferential treatment for varieties with grades above DC04 is increased by 150 yuan/ton, the preferential treatment for other varieties above galvanized dc54d is increased by 100 yuan/ton, the preferential treatment for silicon steel is increased by 150 yuan/ton, the hot-rolled pickling is increased by 300 yuan/ton, and the hard rolled coil is increased by 200 yuan/ton, all excluding tax

previously, the steel price policy of Baosteel in April was still raised. Since December last year, Baosteel, WISCO and other sheet steel mills have raised their ex factory prices for five consecutive months

insiders said that the overall orders of high-end plates such as automobile plates are good, and Baosteel is mainly directly supplied to users. The ex factory price of Angang Steel is closer to the market price. It is expected that the ex factory prices of Hebei Iron and Steel Co., Ltd. and Shagang Co., Ltd. will also be lowered in April, or the order discounts will be increased

output inventory hit a new high

the action response was fast. While steel mills suffered general losses, crude steel output hit a new high

the data released by CISA on March 18 showed that in the first ten days of March, the average daily crude steel output of member enterprises of CISA was 1.6755 million tons. Compared with other large-scale friction and wear testing machines, the pin on disk friction and wear testing machine of Jinan assay was economical tons, with a ten day month on month decrease of 3.28%, but it was estimated that the average daily crude steel output of the country was as high as 20823 Unconfined mold test 460000 tons, an increase of 2.48% month on month (MOM) in ten days, an increase of 40 consecutive days, and a new high in output since the statistics of China Steel Association

with the increase of production, inventory is also rising. According to CISA data, the steel inventory of key enterprises at the end of the first ten days of March was 12.845 million tons, slightly higher than 12.65 million tons at the end of February, and only 10.59 million tons at the end of late January

China's steel spot inventory statistics show that as of March 15, the social inventory of the five major steel varieties in the country's major markets was 22.508 million tons, an increase of 192000 tons over the previous week, rising for 13 consecutive weeks

while the output and inventory reached a new high, the loss side of steel enterprises was expanding

according to the profits of 163 sample steel mills counted by "my steel" on March 8, 66.87% of the steel mills fell into losses, an increase of 5 percentage points over March 1. Recently, the loss rate of steel mills has risen to 86.50%

the management of a plate manufacturing plant in Hebei told the China Securities Journal that after a round of plate price increases since September last year, downstream demand began to shrink, and many steel mills fell into losses again