SMM Steel May 27th: approaching June, SMM conducted a detailed follow-up and investigation on the receipt of orders in steel mills, and learned that there are obvious signs of improvement in the acceptance of orders in June compared with May. Most steel mills are basically full of cold and hot rolling orders so far, and even some steel mills have the possibility of overconnection. However, it is worth noting that due to the influence of steel plant overhaul and resumption of production, the planned hot rolling output in June has increased, as detailed in the follow-up SMM hot rolling scheduling report. Details of the survey are as follows:
AG (Northeast): the receipt of orders in June is better than that in May, the orders for hot rolling and cold rolling are basically full, the demand from downstream customers is strong, and the planned output of hot rolling in June is basically stable.
BG (Northeast): the 1780mm hot rolling line continued to be overhauled in June, the superimposed cold system turned better, and the cold-to-hot return, resulting in a reduction of 140000 tons of planned hot rolling output this month compared with May. At present, the order of cold rolling and hot rolling is good.
TG (Northeast): the planned volume of hot rolling in June is basically stable, and so far orders are generally accepted. Affected by the price difference between the north and the south, it is still being put into operation in the north.
JL (Northeast): the steel mill will be overhauled and resumed production in June, and the planned hot rolling volume is expected to increase by about 100000 tons. There is no pressure for steel mills to take orders.
BG (North China): cold-to-heat reflux is planned in June, the cold rolling is about 20, 000 tons more than in May, and the hot rolling output is basically stable. So far, the acceptance of cold rolling and hot rolling orders in June is significantly better than that in May, and orders are basically full, and there is even the possibility of overconnection.
TG (North China): affected by the relocation, the overall volume is not much, and the hot rolling order has been completed perfectly in June.
ZH (North China): the ignition of the new blast furnace is uncertain for the time being and is expected to be in July. The planned hot rolling volume increased by 150000 tons in June, almost all of which were put into operation in the north, and there is no pressure to take orders now.
DH (North China): a 1580mm hot rolling line is expected to resume production in June, with an average hot rolling output of about 6000 tons per day, which is basically put into operation in the north.
WG (Huazhong): both cold and hot rolling orders are good in June, and orders are basically full so far. And boosted by the recovery of the terminal of the cold system, the ex-factory price of the cold system has recently increased by 200 RMB300 / ton, and the profit is OK. All kinds of steel plants are basically produced at full capacity.
PG (Southwest): orders are being received in June, and the overall situation has yet to be determined. Affected by the maintenance of blast furnace from mid-May to mid-late June, resources are tight, hot rolling resources of 1500 and above are not enough, and cold rolling orders are basically balanced.