The hottest month is March, and the domestic steel

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In March, the domestic steel PMI returned to the top of the boom and bust line. In April, the steel price is expected to be more "steel"

in March this year, the domestic steel price fell sharply, and the market pessimism spread. According to the prediction of China Steel Association, as the PMI index of domestic manufacturing industry and steel industry both rebounded, it will continue to drive the increase in steel demand. It is expected that the domestic steel market will show a volatile upward trend in April

on March 31, the index report released by the professional committee of steel logistics of China Federation of things showed that the PMI index of the steel industry in March was 50.6%, rising 1.1 percentage points month on month, returning to the above the 50% boom and bust line. Combined with the market performance in late March, the market demand is accelerating the release, and the pressure of high inventory is gradually digested. In April, the supply and demand situation of the steel market is expected to improve, and it is expected that the steel price may usher in a restorative recovery after the sharp decline

pmi shows that in March, steel production accelerated, orders rebounded slowly, and steel prices soared. A real example of a medical molding manufacturer testing drug distribution devices: the company tested on three separate stations, with a sharp decline. Among the main sub indexes, the production index significantly rebounded to the expansion range, the new order index increased slightly, the new export order index further decreased, the finished product inventory index increased significantly, and the raw material inventory index fell to the contraction range

specifically, the PMI production index of the steel industry in March was 50.6%, up 5.2 percentage points month on month, with a large increase. Purchasing activities related to production all fell. With the end of the northern heating season, steel mills are still further expanding production. However, in the case of narrow profits, the enthusiasm of steel mills to replenish raw materials is not high, mainly to digest the inventory in the plant. According to the data, at the end of March, the average number of available days of imported ore for domestic large and medium-sized steel mills was 22 days, 3 days lower than the end of last month, and the number of available days of coke was 10 days, 0.5 days lower than the end of last month

from the perspective of demand, with the disappearance of the influence of Spring Festival factors, the overall demand recovered in March. The new order index in March was 51.9%, up 0.6 percentage points month on month, higher than that in February and lower than that in January. In March, the index of new export orders was 40.9%, down 3 percentage points month on month, in the contraction range for 16 consecutive months

the inventory index of finished products in March was 56%, up 3.5 percentage points month on month, reaching a high since January 2015. In March, the output of the steel plant increased, but the sales situation recovered slowly, which gradually increased the pressure on the inventory of the steel plant. According to the data of CISA, as of the first ten days of March, the steel inventory of member steel enterprises was 14.6813 million tons, an increase of 708800 tons or 5.07% over the previous ten days; Compared with the first ten days of February, it increased by 5.152 million tons, an increase of 54.07%; Compared with the same period last year, it increased by 554000 tons, an increase of 3.92%. The steel plant inventory has increased by more than 5million tons in the last 30 days, and the inventory pressure has increased significantly

affected by negative factors such as increased inventory pressure in the industrial chain, the domestic steel market suffered a Waterloo in March, with steel prices plummeting, and merchants' winter storage resources generally suffered serious losses. According to the monitoring, the steel index in early March was 4330 yuan/ton, then rose slightly to 4350 yuan/ton, and then entered the continuous downward channel. As of March 30, the steel price had fallen to 3800 yuan/ton, down 530 yuan/ton from the beginning of March

looking ahead, the index report believes that the domestic economy is running well and the demand for steel remains stable; Environmental protection and capacity reduction will still restrain steel supply. From January to February, the national fixed asset investment increased by 7.9% year-on-year, hitting a new high since August last year. Among the major steel industries, general equipment manufacturing, special equipment manufacturing, automobile manufacturing, railway, ship, aerospace and other transportation equipment manufacturing, electrical machinery and equipment manufacturing, computer communication and other electronic equipment manufacturing, power and thermal production and supply increased by 9.1% year-on-year respectively 10.3% Evonik industrial group has produced special chemical products, 4.9%, 4.9%, 9.4%, 12.1% and 13.1% in Greater China (including Chinese Mainland, Hong Kong and Taiwan) since the late 710s of the last century. In March 2018, the manufacturing PMI index was 51.5%, up 1.2 percentage points from the previous month, and was in the boom range of more than 50% for 20 consecutive months. The steady economic growth and sufficient toughness played a good supporting role in the development of the steel industry

as the PMI index of domestic manufacturing and steel industry both rebounded in March, the pessimistic expectation of the market will gradually improve. According to the analysis of the index report, with the accelerated implementation of fixed asset investment projects in various regions and the environmental protection production restriction policy pressing the "start" button on the touch screen, it will continue to drive the recovery of steel demand, inhibit the further recovery of output, and improve the domestic supply and demand situation. It is expected that the domestic steel market will show a volatile upward trend in April

as for the impact of the United States' increase in import tariffs on China's steel market, the report analysis believes that China is the world's largest steel producer, accounting for nearly one percent of the world's total steel production. Polymethyl methacrylate (PMMA) is a transparent high-molecular inert organic polymer, with high light transmittance (92%), good refractive index, stable properties Convenient processing and other advantages make it the most used material in artificial cornea, but the direct export of steel to the United States is very small. In 2017, the export of finished steel products to the United States was only 1.18 million tons, accounting for about 3.2% of the total steel imports of the United States. CISA carried out a pressure test on the impact of the increase of steel and aluminum tariffs in the United States on China's steel products, and the results showed that the direct impact was small. Therefore, domestic steel enterprises should focus on ensuring the needs of domestic and major exporting countries, effectively organize production, and promote industrial structure adjustment, transformation and upgrading. However, it should also be noted that the steel products China eventually provides to American consumers through the global value chain may be much higher than direct exports. In order to maintain the global production chain, we should actively oppose the unilateral trade protectionism of the United States

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