Publicado: Jul 31, 2024 17:20
[SMM Hot Spot: Cold-Hot Price Gap Will Remain Low in August] Overview: As mentioned in the previous issue ("Cold-rolled Prices, Hot-rolled Prices No Longer Count?"), the cold-hot price gap widened slightly after hitting a low of 360 yuan/ton at the end of May. Based on production cost estimates, the processing fee from hot-rolled to cold-rolled steel is approximately 400-500 yuan/ton. As can be seen from the above chart, the cold-hot price gap has continued to shrink from January to May this year, and by the end of May, it had contracted to a historically low level. In June and July, the cold-hot price gap widened slightly but remained in the low range of 400-450 yuan/ton.

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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