Direct Impact Of Red Sea Crisis On Chinaโ€™s Iron Ore And Steel Trade Is Minimal, But Indirect Influence Deserves Attention

๊ฒŒ์‹œ๋จ: Jan 9, 2024 09:05
์ถœ์ฒ˜: SMM
Specifically, from the perspective of shipping routes, Chinaโ€™s main iron ore suppliers were Australia and Brazil.

Specifically, from the perspective of shipping routes, China’s main iron ore suppliers were Australia and Brazil. The largest export destination for China's steel was the Asian market, accounting for as much as 70% of the total exports, followed by Africa and South America. None of the mainstream routes for ore and steel transportation involved the Suez Canal. Regardless of routes or ship types, the impact of the obstruction of Red Sea transportation on iron ore and steel was relatively small. However, according to professional estimates, avoiding the Red Sea route and detouring around the Cape of Good Hope indicated that transportation time will increase by at least 10 days and transportation costs will hiked by at least 15%.

In a word, the Red Sea crisis will add global shipping costs and indirectly increase China's steel costs, denting market sentiment in a short term. In the mid-to-long term, the obstruction of freight transportation in Europe and the US will also raise their price, casting certain uncertainty over local interest rate cuts.

๋ฐ์ดํ„ฐ ์ถœ์ฒ˜ ์„ค๋ช…: ๊ณต๊ฐœ ์ •๋ณด๋ฅผ ์ œ์™ธํ•œ ๋ชจ๋“  ๋ฐ์ดํ„ฐ๋Š” SMM์ด ๊ณต๊ฐœ ์ •๋ณด, ์‹œ์žฅ ์ปค๋ฎค๋‹ˆ์ผ€์ด์…˜ ๋ฐ SMM ๋‚ด๋ถ€ ๋ฐ์ดํ„ฐ๋ฒ ์ด์Šค ๋ชจ๋ธ์„ ๊ธฐ๋ฐ˜์œผ๋กœ ๊ฐ€๊ณตํ•œ ๊ฒƒ์ž…๋‹ˆ๋‹ค. ๋ณธ ์ž๋ฃŒ๋Š” ์ฐธ๊ณ ์šฉ์ด๋ฉฐ ์˜์‚ฌ๊ฒฐ์ • ๊ถŒ๊ณ ๋ฅผ ๊ตฌ์„ฑํ•˜์ง€ ์•Š์Šต๋‹ˆ๋‹ค.

๋ฌธ์˜ ์‚ฌํ•ญ์ด ์žˆ๊ฑฐ๋‚˜ ์ž์„ธํ•œ ์ •๋ณด๋ฅผ ์›ํ•˜์‹œ๋ฉด ์•„๋ž˜๋กœ ์—ฐ๋ฝํ•ด ์ฃผ์‹œ๊ธฐ ๋ฐ”๋ž๋‹ˆ๋‹ค: lemonzhao@smm.cn
๋ฆฌ์„œ์น˜ ๋ณด๊ณ ์„œ ์—ด๋žŒ ๋ฐฉ๋ฒ•์— ๋Œ€ํ•œ ์ž์„ธํ•œ ๋‚ด์šฉ์€ ์•„๋ž˜๋กœ ๋ฌธ์˜ํ•˜์‹œ๊ธฐ ๋ฐ”๋ž๋‹ˆ๋‹ค:service.en@smm.cn
๊ด€๋ จ ๋‰ด์Šค
MMi ์ผ์ผ ์ฒ ๊ด‘์„ ๋ณด๊ณ ์„œ (8์›” 10์ผ)
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MMi ์ผ์ผ ์ฒ ๊ด‘์„ ๋ณด๊ณ ์„œ (8์›” 10์ผ)
๋” ๋ณด๊ธฐ
MMi ์ผ์ผ ์ฒ ๊ด‘์„ ๋ณด๊ณ ์„œ (8์›” 10์ผ)
MMi ์ผ์ผ ์ฒ ๊ด‘์„ ๋ณด๊ณ ์„œ (8์›” 10์ผ)
์˜ค๋Š˜ ์ฒ ๊ด‘์„ ์‹œ์žฅ์€ ์„ ๋ฌผ ์ธก์—์„œ ์•ฝ๋ณดํ•ฉ์„ธ๋ฅผ ๋ณด์˜€์Šต๋‹ˆ๋‹ค. ๋‹ค๋ก„์ƒํ’ˆ๊ฑฐ๋ž˜์†Œ(DCE) ์ฃผ๋ ฅ ๊ณ„์•ฝ I2609๋Š” 713.5์œ„์•ˆ/ํ†ค์— ๋งˆ๊ฐํ•˜๋ฉฐ ์ „ ๊ฑฐ๋ž˜์ผ ๋Œ€๋น„ 0.35% ํ•˜๋ฝํ–ˆ์Šต๋‹ˆ๋‹ค. ์นญ๋‹ค์˜คํ•ญ์˜ ํ˜„๋ฌผ ๊ฐ€๊ฒฉ์€ ์ „์ผ ๋Œ€๋น„ ํ‰๊ท  ์•ฝ 0~2์œ„์•ˆ/ํ†ค ํ•˜๋ฝํ–ˆ์Šต๋‹ˆ๋‹ค.
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[์ค‘๊ตญ ์ฒ ๊ด‘์„ ๋ธŒ๋ฆฌํ•‘] ์‚ฐ๋‘ฅ ์ง€์—ญ ์ฒ ๊ด‘์„ ์ •๊ด‘ ๊ฐ€๊ฒฉ, ์•ˆ์ •ํ™” ์ „๋ง
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[์ค‘๊ตญ ์ฒ ๊ด‘์„ ๋ธŒ๋ฆฌํ•‘] ์‚ฐ๋‘ฅ ์ง€์—ญ ์ฒ ๊ด‘์„ ์ •๊ด‘ ๊ฐ€๊ฒฉ, ์•ˆ์ •ํ™” ์ „๋ง
๋” ๋ณด๊ธฐ
[์ค‘๊ตญ ์ฒ ๊ด‘์„ ๋ธŒ๋ฆฌํ•‘] ์‚ฐ๋‘ฅ ์ง€์—ญ ์ฒ ๊ด‘์„ ์ •๊ด‘ ๊ฐ€๊ฒฉ, ์•ˆ์ •ํ™” ์ „๋ง
[์ค‘๊ตญ ์ฒ ๊ด‘์„ ๋ธŒ๋ฆฌํ•‘] ์‚ฐ๋‘ฅ ์ง€์—ญ ์ฒ ๊ด‘์„ ์ •๊ด‘ ๊ฐ€๊ฒฉ, ์•ˆ์ •ํ™” ์ „๋ง
์ง€๋‚œ์ฃผ ์‚ฐ๋‘ฅ ๊ด‘์‚ฐ์ด ๋ณด๊ณ ํ•œ ๊ฑด์กฐ ๊ธฐ์ค€ 64%๊ธ‰ ์•Œ์นผ๋ฆฌ ๋ถ„๋ง์˜ ์„ธ๊ธˆ ํฌํ•จ ๊ด‘์‚ฐ์ถœํ•˜๊ฐ€๊ฒฉ์€ 788์œ„์•ˆ์œผ๋กœ 14์œ„์•ˆ ํ•˜๋ฝํ–ˆ๋‹ค. ์ œ์ฒ ์†Œ๋Š” ๊ฐ€๊ฒฉ์„ ์ธํ•˜ํ–ˆ์œผ๋ฉฐ ๊ตฌ๋งค๋„ ํ™œ๋ฐœํ–ˆ๋‹ค. ๊ด‘์‚ฐ ๋Œ€๋ถ€๋ถ„์€ ์ •์ƒ ์ƒ์‚ฐ์„ ์œ ์ง€ํ–ˆ๊ณ  ์žฌ๊ณ ๊ฐ€ ์—†์—ˆ์œผ๋ฉฐ, ์†Œ๊ทœ๋ชจ ๊ณต์žฅ๊ณผ ํŠธ๋ ˆ์ด๋”์˜ ์ถœํ•˜๋„ ๊ฐœ์„ ๋˜์—ˆ๋‹ค. ์ด๋ฒˆ ์ฃผ๋Š” ์ˆ˜์ž… ๊ด‘์„์˜ ํ’๋ถ€ํ•œ ๊ณต๊ธ‰์ด ๊ด‘์„ ๊ฐ€๊ฒฉ์„ ์ œ์•ฝํ•˜๊ณ  ์žˆ๋‹ค. ๋ฆฐ์ด ์‹œ์žฅ์—์„œ๋Š” ์ผ๋ถ€ ๊ด‘์‚ฐ์ด ์ฃผ ์ดˆ์— ์ฃผ๊ฐ„ ๊ณ„์•ฝ์„ ์ฒด๊ฒฐํ–ˆ๊ณ , ํŠธ๋ ˆ์ด๋”์˜ ๊ตฌ๋งค๋„ ํ™œ๋ฐœํ–ˆ๋‹ค.
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8.10 SMM ๊ธ€๋กœ๋ฒŒ ์ฒ ๊ฐ• ๋ฐ์ผ๋ฆฌ
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8.10 SMM ๊ธ€๋กœ๋ฒŒ ์ฒ ๊ฐ• ๋ฐ์ผ๋ฆฌ
๋” ๋ณด๊ธฐ
8.10 SMM ๊ธ€๋กœ๋ฒŒ ์ฒ ๊ฐ• ๋ฐ์ผ๋ฆฌ
8.10 SMM ๊ธ€๋กœ๋ฒŒ ์ฒ ๊ฐ• ๋ฐ์ผ๋ฆฌ
[ํŒ์žฌ๋ฅ˜] ์˜ค๋Š˜ HRC ๋ฐ ๊ธฐํƒ€ ํŒ์žฌ๋ฅ˜ ์ˆ˜์ถœ ๊ฐ€๊ฒฉ์€ ์ „์ผ ๋Œ€๋น„ ๋ณดํ•ฉ์„ธ์˜€์œผ๋ฉฐ, HRC ๊ฑฐ๋ž˜ ๊ฐ€๊ฒฉ์€ 482~485 USD/ํ†ค์ด์—ˆ๋‹ค. ํŠธ๋ ˆ์ด๋”๋“ค์— ๋”ฐ๋ฅด๋ฉด ์˜ค๋Š˜ ๊ฑฐ๋ž˜์™€ ๋ฌธ์˜๊ฐ€ ์ƒ๋‹นํžˆ ๋ถ€์ง„ํ–ˆ์œผ๋ฉฐ, ๊ฑฐ๋ž˜๋Ÿ‰์˜ ๋šœ๋ ทํ•œ ์ฆ๊ฐ€๋Š” ์—†์—ˆ๋‹ค. [๋นŒ๋ฆฟ] ์˜ค๋Š˜ ๋นŒ๋ฆฟ ์ˆ˜์ถœ FOB ๊ฐ€๊ฒฉ์€ ๋ณดํ•ฉ ๋‚ด์ง€ ์•ฝ์„ธ๋ฅผ ๋ณด์˜€์œผ๋ฉฐ, ๊ฐ•์Œํ•ญ ์˜คํผ ๊ฐ€๊ฒฉ์€ 450~455 USD/ํ†ค์ด์—ˆ๋‹ค. ํ”ผ๋“œ๋ฐฑ์— ๋”ฐ๋ฅด๋ฉด ์˜ค๋Š˜ ๋นŒ๋ฆฟ ์ˆ˜์ถœ ๋ฌธ์˜๊ฐ€ ์†Œํญ ์ฆ๊ฐ€ํ–ˆ์œผ๋‚˜, ๊ฒฝ์Ÿ์ด ์น˜์—ดํ•˜๊ณ  ๊ตฌ๋งค์ž๋“ค์ด ๋ชฉํ‘œ ๊ฐ€๊ฒฉ์„ ๊ฐ•ํ•˜๊ฒŒ ๋‚ฎ์ถ”๊ณ  ์žˆ์–ด ๊ฑฐ๋ž˜ ์„ฑ์‚ฌ๊ฐ€ ์–ด๋ ต๋‹ค. [์ฒ ๊ทผ] ์˜ค๋Š˜ ํ…์ง„ํ•ญ ์ฒ ๊ทผ ์ˆ˜์ถœ ์˜คํผ ๊ฐ€๊ฒฉ์€ ๋ณดํ•ฉ์„ธ์˜€์œผ๋ฉฐ, ์ „์ฒด ๊ฑฐ๋ž˜ ๊ฐ€๊ฒฉ์€ 474~480 USD/ํ†ค์ด์—ˆ๋‹ค. ์ˆ˜์ถœ์—…์ฒด๋“ค์— ๋”ฐ๋ฅด๋ฉด, ์˜ค๋Š˜ ํ•ด์™ธ ํŠธ๋ ˆ์ด๋”๋“ค์˜ ์ฒ ๊ทผ, ์„ ์žฌ ๋ฐ ์ฝ”์ผ ๋ฌธ์˜๊ฐ€ ์†Œํญ ๊ฐœ์„ ๋˜์—ˆ์œผ๋‚˜, ์‹œ์žฅ์˜ ๊ณ ๊ฐ€ ์ˆ˜์šฉ๋„๊ฐ€ ๋‚ฎ๊ณ  ๊ฐ€๊ฒฉ์„ ๊นŽ์œผ๋ ค๋Š” ๊ฒฝํ–ฅ์ด ๊ฐ•ํ•ด ๊ฑฐ๋ž˜๊ฐ€ ๋ถ€์ง„ํ–ˆ๋‹ค.
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Direct Impact Of Red Sea Crisis On Chinaโ€™s Iron Ore And Steel Trade Is Minimal, But Indirect Influence Deserves Attention - Shanghai Metals Market (SMM)