Ringkasan Pemeliharaan Mingguan SMM pada 6 Juli

HRC futures closed at 3,283 today, down 0.21% for the day. In the spot market, cold and hot rolled prices remained largely stable. According to SMM data, steel mill profits have quickly shrunk recently. At the same time, pressure to take orders increased significantly during the off-season, leading some mills to plan new maintenance and production cuts. The combined impact has resulted in a MoM decline in the daily average HRC production schedule for July. Demand side, Q2 remains a domestic off-season, with muted downstream purchases and market transactions. Inventory pressure is expected to keep rising, and the supply-demand imbalance will gradually accumulate. HRC’s own supply-demand pattern offers limited support for prices. Overall, the supply-demand imbalance for HRC is gradually accumulating in July. Cost side, the difficulty for further short-term price increases intensifies. Considering that macro expectations and changes in external imbalances can provide limited stimulus to steel prices, short-term HRC prices are expected to continue consolidating near the bottom.

Hari ini, pergerakan harga bijih besi di bursa DCE cenderung lemah. Kontrak I2609 akhirnya ditutup pada 735,5 yuan per ton, turun 0,47% dari hari perdagangan sebelumnya. Harga spot di pelabuhan turun sekitar 1-2 yuan per ton dibandingkan hari sebelumnya. Antusiasme pedagang dalam memberikan penawaran biasa saja, pabrik baja sebagian besar mengisi kembali stok sesuai kebutuhan, dan hingga saat ini volume transaksi spot terbilang moderat.