Steel limited production site downtime, steel prices or strong concussion

Date：2017-12-14 02:47:51 Visit：1317

Recently, the steel limited capacity has again exert one more force plus signs of increase. Xuzhou in Jiangsu, Anyang in Henan, Tangshan and Wu'an in Hebei all require that steel mills stop producing more. At the same time by the limited production of environmental impact, Jiangsu, Anhui, Henan and other construction sites were asked to stop work, the terminal demand has also become weaker. Taking into account the current inventory at historic lows, and steel prices very firm confidence is expected in the weak supply and demand situation, the short-term domestic steel prices or the trend will be strong shocks dominated.

Since November, the steel price is not short off-season, but out of all the way up trend, as of December 5, the price of steel reached 5230 yuan per ton, setting a new high of 6 years and a half, the steel price index over the same period last year has risen more than 50%. The most recent period, the orders are full of steel, some specifications of the market even out of stock. "Ordinary coil plate rose 150 or so a week, so that this period of time, we are not buying goods, grab the goods." Analysts believe that this rise in steel prices is the result of the market stage of supply and demand mismatch.