Hot rolling analysis downstream demand to support steel price Jiangsu environmental protection limited production continuous fermentation-Shanghai Metals Market

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Hot rolling analysis downstream demand to support steel price Jiangsu environmental protection limited production continuous fermentation

Translation 06:28:30PM Apr 25, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

[SMM Steel downstream Research continues]

In the southern region, the environmental impact of processing enterprises has gradually weakened, small processing plants have begun to resume work one after another, new orders and month-on-month production increments, but considering that market raw material prices continued to rise in April and cost pressures increased, As a result, the procurement mentality is more cautious, basically on-demand procurement, do not do redundant hoarding.

In the northern region, at present, the production of large factories has returned to normal, and most of the small processing plants have been in a state of shutdown and shutdown since the end of the year. production is not stable. at the same time, environmental protection continues to increase at the later stage (it is reported that from 4.23 to 5.5 days, Hebei Province starts environmental protection inspection "looking back" at present, the inspection group has been stationed in Hengshui, Cangzhou, Langfang, Qinhuangdao, Dingzhou), according to feedback from a factory in Bazhou, at present, environmental protection is strictly inspected for pickling, and various pickling factories have recently raised prices one after another.

Shipbuilding industry: production continued to heat in April, and the overall trend is good. at present, most of the new orders from shipbuilding enterprises are mainly ships in the river below 100000 tons. some enterprises' raw material prices fell in March to purchase and hoard goods. Therefore, in the short term, we will hold a wait-and-see attitude towards the procurement of raw materials.

Home appliance industry: March-October refrigerator into the traditional peak season, research learned that Haier, Hisense, the United States and other large enterprise orders are very optimistic, procurement volume.

Automotive industry: production remained stable in April and new orders were stable as a whole.

To sum up, it seems that most of the downstream industries continue to improve, but due to the continued rise in steel prices, buyers wait-and-see mood is strong, more on-demand procurement, inhibited the emergence of large orders, see this month SMM downstream PMI report.

Spot aspect: the spot price in the mainstream market is relatively stable, and traders are generally willing to hold up the price under the condition of shortage. According to Tianjin market feedback, today some downstream and businesses have replenished the operation, so the transaction improved, is expected to maintain a strong trend of concussion in the short term.

[environmental protection and production restriction]

Recently, East China has been affected by environmental inspection, supply reduction, the market often lack of specifications, the current environmental production restrictions are still in the process of continuous fermentation.

Since April, Jiangsu Province has begun to strictly investigate environmental protection.

[Xuzhou]

On 9 April, the Jiangsu Provincial "263" Office and the Provincial Environmental Protection Department jointly carried out special assistance and key supervision actions for the prevention and control of air pollution in Xuzhou, because of the ineffective prevention and control of air pollution. The discipline Inspection Commission and Supervisory Commission of Xuzhou City, Jiangsu Province, recently investigated 45 responsible personnel, of whom 33 were punished for party discipline and government affairs, and 12 were organized and dealt with.

[Lianyungang]

Recently, the problem of environmental pollution in three chemical parks (Yanwei Port, Duigou Port, and Chenjiagang) in Guanyun County, Lianyungang, was exposed by CCTV, and the Jiangsu Provincial Environmental Protection Department held a meeting overnight to set up a task force to rush to Lianyungang. Thoroughly investigate the environmental pollution problems reflected by the media in the park.

As a result, Lianyungang A Steel Plant plans to shut down all production from April 26 to May 1, resume production of a blast furnace around May 10, and B Steel Plant also plans to overhaul a converter from April 27 to 30. It is expected to affect about 8000 tons of hot metal.

[Changzhou, Huaian, Zhenjiang]

On April 25, the Jiangsu Provincial Environmental Protection Department announced that in order to better implement environmental protection, three provincial environmental inspection teams have been set up to carry out the third batch of environmental supervision inspections in Changzhou, Huaian, and Zhenjiang cities, respectively, as of April 24. The environmental inspection teams of the three provinces have all completed the inspection and positioning. The provincial environmental inspectors will be stationed for about one month, and the inspection time will be from April 24 to May 23.

Key Words:  Price forecast  daily review 

Hot rolling analysis downstream demand to support steel price Jiangsu environmental protection limited production continuous fermentation

Translation 06:28:30PM Apr 25, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

[SMM Steel downstream Research continues]

In the southern region, the environmental impact of processing enterprises has gradually weakened, small processing plants have begun to resume work one after another, new orders and month-on-month production increments, but considering that market raw material prices continued to rise in April and cost pressures increased, As a result, the procurement mentality is more cautious, basically on-demand procurement, do not do redundant hoarding.

In the northern region, at present, the production of large factories has returned to normal, and most of the small processing plants have been in a state of shutdown and shutdown since the end of the year. production is not stable. at the same time, environmental protection continues to increase at the later stage (it is reported that from 4.23 to 5.5 days, Hebei Province starts environmental protection inspection "looking back" at present, the inspection group has been stationed in Hengshui, Cangzhou, Langfang, Qinhuangdao, Dingzhou), according to feedback from a factory in Bazhou, at present, environmental protection is strictly inspected for pickling, and various pickling factories have recently raised prices one after another.

Shipbuilding industry: production continued to heat in April, and the overall trend is good. at present, most of the new orders from shipbuilding enterprises are mainly ships in the river below 100000 tons. some enterprises' raw material prices fell in March to purchase and hoard goods. Therefore, in the short term, we will hold a wait-and-see attitude towards the procurement of raw materials.

Home appliance industry: March-October refrigerator into the traditional peak season, research learned that Haier, Hisense, the United States and other large enterprise orders are very optimistic, procurement volume.

Automotive industry: production remained stable in April and new orders were stable as a whole.

To sum up, it seems that most of the downstream industries continue to improve, but due to the continued rise in steel prices, buyers wait-and-see mood is strong, more on-demand procurement, inhibited the emergence of large orders, see this month SMM downstream PMI report.

Spot aspect: the spot price in the mainstream market is relatively stable, and traders are generally willing to hold up the price under the condition of shortage. According to Tianjin market feedback, today some downstream and businesses have replenished the operation, so the transaction improved, is expected to maintain a strong trend of concussion in the short term.

[environmental protection and production restriction]

Recently, East China has been affected by environmental inspection, supply reduction, the market often lack of specifications, the current environmental production restrictions are still in the process of continuous fermentation.

Since April, Jiangsu Province has begun to strictly investigate environmental protection.

[Xuzhou]

On 9 April, the Jiangsu Provincial "263" Office and the Provincial Environmental Protection Department jointly carried out special assistance and key supervision actions for the prevention and control of air pollution in Xuzhou, because of the ineffective prevention and control of air pollution. The discipline Inspection Commission and Supervisory Commission of Xuzhou City, Jiangsu Province, recently investigated 45 responsible personnel, of whom 33 were punished for party discipline and government affairs, and 12 were organized and dealt with.

[Lianyungang]

Recently, the problem of environmental pollution in three chemical parks (Yanwei Port, Duigou Port, and Chenjiagang) in Guanyun County, Lianyungang, was exposed by CCTV, and the Jiangsu Provincial Environmental Protection Department held a meeting overnight to set up a task force to rush to Lianyungang. Thoroughly investigate the environmental pollution problems reflected by the media in the park.

As a result, Lianyungang A Steel Plant plans to shut down all production from April 26 to May 1, resume production of a blast furnace around May 10, and B Steel Plant also plans to overhaul a converter from April 27 to 30. It is expected to affect about 8000 tons of hot metal.

[Changzhou, Huaian, Zhenjiang]

On April 25, the Jiangsu Provincial Environmental Protection Department announced that in order to better implement environmental protection, three provincial environmental inspection teams have been set up to carry out the third batch of environmental supervision inspections in Changzhou, Huaian, and Zhenjiang cities, respectively, as of April 24. The environmental inspection teams of the three provinces have all completed the inspection and positioning. The provincial environmental inspectors will be stationed for about one month, and the inspection time will be from April 24 to May 23.

Key Words:  Price forecast  daily review