Little discussion between the fasteners and raw material prices Game
From the China Iron and Steel Industry Association, a report showed that since January of this year, domestic steel prices rose across the board, some species rebound by a big margin. To the end of February, the domestic composite steel price index rose 16% over the same period last year ~ 17%, changing the market price since August last year, "moderate" operational state of fluctuation.
Waiting for the next in the market, Baosteel has recently launched in the second quarter "price list", as expected is a comprehensive "set up." Fastener enterprises cold heading steel used in the main varieties of t, the average price increases were about 200-300 yuan. But the market that this is a "real level may rise" in prices, while in the "heat" of the fasteners on the market, "Tim" point temperature, but also in the steel market is expected to "essential for the good" has almost become a kinds of consensus, but if you do not cherish the "fundamentals", a period of time can also cause excessive fluctuations on the market is not small "frustrating."
The second half of last year, in the fastener exports continued strong growth and good prospects for the country's overall economic development of the stimulus, the fastener industry, demand for steel will not be "low season" decline in consumption weakened, but a continuous rise in the country is expected in 2007 for cold heading steel fastener industry demand for up to 850 ~ 900 million tons.
Recently, the market demand for larger cold heading steel wire rod: Bao Steel SWRCH35K, SWRCH22A Steel 6.5 ~ 10mm4700 yuan to 4,800 yuan / ton, Xing Steel, Anyang Iron and Steel 35K 8 ~ 10mm are 3700 ~ 3800 yuan / ton, Maanshan Iron and Steel 35K – M 8 ~ 10mm in 3800 ~ 4100 yuan / ton. The steel's "up disk" Overall, still "relatively modest" and the Wuhan Iron and Steel, Anshan Iron and leading domestic steel pricing judgments are basically the same, the intensity is also roughly the same.
Cold Heading Steel Wire Rod costs is to determine the price of the most important factor fasteners, since 2004, steel prices began to steadily rise, a direct result of fastener enterprises must be increased raw material costs, passed on to the fasteners prices, though rising costs, but the Most of what they feared many customers at home and abroad will continue to rise in prices of additional orders, the domestic enterprises in the local fastener within two years of time have a good performance.
This year, while the international fastener market, was solid, orders came after another, many fastener companies do not dare to take over large order, reason is unable to accurately predict, can not buy enough of the cold-heading steel wire rod, screws offer the After deducting the cost of raw materials is to lose money or make money? These uncertainties have dogged the smaller fastener business.
According to analysis, the raw material "moderate up disk" there are four main reasons: First, after the New Year, the domestic steel market continued to maintain a basic balance between supply and demand situation, the 1 key enterprises in steel production in February than in previous months there The decline in exports remains relatively high level; second is the successful organization steel contracts, inventory decreased by capacity affected the north limited resources, south, and some regional varieties of resources in a tight supply situation; three raw materials, energy and transport prices up, to a certain degree of "cost-push" of rising steel prices; four domestic steel mills and traders to a more stable state of mind, inventory is not high, less financial pressure, and because that market "is not short off-season", after the Spring Festival another increase in the demand period, the expected market outlook is more optimistic, steel prices are on the upside, "impulsive."
Industry analysis, the steel's "up disk" is a "real flat like up" the price of, in essence, on the part of some market forward and spot prices, "showing signs of downward" in the opportunities and risks of environmental , the best option is to smooth concerns.
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