Hengshui profile: stable price, fair deal

Hengshui News: The price of Hengshui market stabilized this week, and the market transaction was relatively ordinary. The current market price of Tangshan 5 # angle steel is 3430 yuan/ton, Tianjin Jiangtian 16 # channel steel is 3450 yuan/ton, and Tangshan 16 # I-beam is 3470 yuan/ton.

Today, Tangshan Xinglong and Guoyipu billets leave the factory at 3010 yuan/ton, including tax. Yesterday, prices ran smoothly; This morning Changli delivered 3010 yuan/ton including tax, and 2902 yuan/ton excluding tax for traders.

It is understood that after the price of billet stabilized yesterday, the price of local profile market also stabilized. Yesterday's market transactions were generally average. Today's opening, most businesses maintained yesterday's prices and had a strong wait-and-see attitude. After a period of operation, the environmental protection policy has not had a substantial impact on the steel output. According to the latest statistics of our website, the daily output of crude steel of key enterprises in the first ten days of November was 1.7627 million tons, an increase of 59400 tons, up 3.49% month on month; The national estimated daily output of crude steel is 2.1442 million tons, with an increase of 45800 tons, up 2.18% month on month. The data shows that despite the pressure of environmental protection, the situation of high daily average output of steel has not changed at all. We believe that, if no other accidental events occur, it is difficult to have a substantial impact on the output of the steel industry in the short term, whether it is to reduce backward production capacity or environmental protection policies. Even if the steel output declined in the fourth quarter, it was mainly due to seasonal reasons. Because outdoor construction in winter was reduced, the demand for steel had already declined significantly. Industry insiders believe that the local profile market may still be dominated by consolidation in the short term. (Editor of Mysteel.com Information Department, please do not reprint)

Editor in charge: Wang Xiao: 010-57930593

Information supervisor: Liu Bin: 010-57930669