United Steel Wire reports, April 22, iron and steel raw material on the spot market price is mutual, iron ore prices rushed down; rising domestic ore market prices in some areas; billet market ups and downs with each other now; coke market was stable overall stronger; shipping market rose slightly.
Specifically, 22 iron ore prices fell, the forward spot prices fell, the spot price of the port weak stability, market trading is light. Port spot market quotation with basically the same as yesterday, but the market prices weakened, some varieties of clinch a deal the price is slightly down yesterday. The whole black quickly pull up, has recently weakened, iron ore is still too strong. On the one hand, iron and steel production increased, demand growth rate is lower than the supply growth rate, but the supply gap is still in the inventory is still falling. High operating under the background, the demand for iron ore has strong support, and disk ore discount rate larger, rising resistance is small, short-term or present trend of consolidation. Futures: iron ore 1609 contracts hit a high of 493 after the fall, and eventually closed at 1.83%, up 473.
Within the ore, the domestic ore market prices rose in some areas, a good deal, the Northeast regional steel prices have been raised. Steel prices rose in recent days, the demand for raw material procurement of iron and steel enterprises in the rise, domestic ore turnover is more active.
22, the national steel billet market mixed. Changli area fell 80 yuan / ton, Jiangsu, Shanxi rose 20 yuan / ton, Fujian rose 100 yuan / ton, other areas of stability. Recent big gains make it difficult to digest downstream, part of the plant in order to reduce the risk of the stock, the stock to buy the stock to be cautious, downstream of the impact of high prices, the price of the late start callback.
Domestic coke market has a strong overall smooth, good deal. Jincheng, Shanxi metallurgical coke rose 50 yuan / ton, Changzhi coke part continues to pull up 40. 22, Hebei region, the price of coke rose 50 yuan / ton. Coking plant is generally low or even zero inventory started running, the supply side of the tightening support coke price. I believe that today's sharp decline in steel billet, the future of the coke market will have a strong run some resistance. My steel net port coke inventory: Tianjin Port 158 increased 38, 5 flat Lianyungang, Rizhao Port 32 increased 2, Qingdao Dongjiakou harbor 28 reduction 2 (unit: million tons). Futures: Coke 1609 contract concussion in the afternoon, 1063 rose 3.86%, Masukura increment.
22, the main steel market stability, market zhangdiehuxian prices more confusion, watching the most transactions in general. Among them, Shandong Luli steel scrap purchasing prices rose 100 yuan / ton; Lianyungang Bin Xin scrap purchasing prices fell 40 yuan / ton; Guangxi Liuzhou Iron and steel scrap purchasing prices rise 100-200 yuan / ton. Futures madness, rising again and again, steel and high profits prompted the size of steel production dynamic full, scrap resources appear shortage stage, the market to grab goods is intense, the price fluctuate. Although the market has a callback trend, but the price is still high.
Pig iron market price is still rising, no shortage of resources, keep up with the transaction, most manufacturers no inventory or a small amount of inventory. On the current situation, if the recent steel billet is able to walk again strong pig prices have risen space.
22 dry bulk shipping market rose slightly. Panama ship freight and Capesize freight Airlines began to fall. At present, Brazil to China shipping fee of $8.641 / tons, fell 0.311 dollars / ton (15-18 million tons), Western Australia to China shipping fee of $4.068 / tons, down $0.091 / tons (15-18 million tons); South Africa to China's $4-5 / tons (15-18 million tons); Iran to China 8.5-9.5 dollars / ton (2-3 million tons). Southeast Asia shipping activity is deserted, at present Indonesia to the South China port freight 2.5-3.5 U. S. dollars / ton (7-8 million tons); 3-4 U. s.dollars / ton (5-6 million tons).