[SMM 강판·후판 일일 리뷰] 현물 및 선물 가격 전월 대비 하락, 거래 분위기 침체

This week, HRC prices strengthened compared with the previous week, and overall transactions improved from the previous week. Supply side, the impact from rolling-line maintenance declined WoW this week, and overall HRC production increased. Demand side, apparent demand rose WoW this week. Inventory side, total HRC inventory fell 74,000 mt WoW this week, and mill inventory rose 2,400 mt WoW. Social inventory side, SMM-tracked HRC social inventory at 86 warehouses nationwide (large sample) stood at 4.4432 million mt this week, down 76,300 mt WoW (-1.69% WoW) and up 34.48% YoY on a Gregorian calendar basis. By region, except for small inventory buildups in Central China and Northeast China, all other markets were destocking. Cost side, coking coal and coke prices showed strong performance this week, boosting HRC cost support. Looking ahead, expectations for the first round of coke price hikes remain, and combined with lingering disturbances from iron ore long-term contract negotiation news, cost support has strengthened somewhat. From a fundamentals perspective, the impact from HRC maintenance will gradually decrease going forward, and HRC production is expected to continue rebounding; on the demand side, however, downstream demand has yet to recover, and demand remains mainly rigid at a weak level. Next week, HRC inventory is expected to remain in the late-off-season inventory buildup phase, and fundamental pressure remains. HRC prices are expected to follow cost-side fluctuations next week, and the most-traded contract is expected to trade in the 3,230-3,300 range.

[강판 및 후판] 오늘 열연코일 및 기타 강판·후판 일부 수출 가격이 전일 대비 1~2달러/톤 상승했으며, 열연 거래 가격은 484~487달러/톤이었다. 시장 참가자들에 따르면 열연 문의 분위기는 다소 부진했고, 냉연 아연도금 및 기타 제품은 다소 나은 흐름을 보였으며 저가로 일부 거래가 체결됐다.

[SMM Steel] 시장 피드백에 따르면, 9월 말 선적분 1.0*1250*C 규격 DC51D+Z40/40 냉연기판 용융아연도금강판의 FOB 판매 가격은 톤당 550달러였으며, 선적항은 바위취안항이었다.