Phone:022-59186009
  Email:info@jzysteel.com
Home » News » The domestic strip steel market may fluctuate upward in May

The domestic strip steel market may fluctuate upward in May

Views: 0     Author: Site Editor     Publish Time: 2022-05-31      Origin: Site

Inquire

facebook sharing button
twitter sharing button
line sharing button
wechat sharing button
linkedin sharing button
pinterest sharing button
whatsapp sharing button
sharethis sharing button

(1) the cost side


On April 27, 2022, the average cost of hot metal without tax for mainstream sample steel mills in Tangshan was 3,761 yuan/ton, and the gross profit of strip steel was about 140 yuan/ton, and the cost was basically upside down. In terms of raw materials, coke has risen by 1,200 yuan / ton in April, but steel mills have suffered losses, and their ability to accept high prices is low. In addition, transportation has gradually improved, and the Ministry of Finance will impose a tax rate on coal from May 1, 2022 to March 31, 2023. Zero provisional import tax rate. The cost of steel mills may be adjusted to ease the financial pressure of steel mills.


(2) The supply side


As of April 27, 2022, the operating rate of Mysteel's 63 hot-rolled strip steel production enterprises this week was 66.67%, an increase of 8.33% month-on-month; the capacity utilization rate was 66.82%, a month-on-month increase of 8.88%; the actual output of steel mills this week It was 1,620,800 tons, a month-on-month increase of 215,500 tons; the steel mill inventory was 1,111,000 tons, a month-on-month increase of 344,000 tons. The factory inventory is higher than the level of the same period of previous years, but with the improvement of transportation, it may be gradually transferred to the downstream and social inventory. The capacity utilization rate is slightly lower than the same period of previous years, but it is mainly concentrated in the billet adjustment plant, mainly due to the inversion of costs and the shortage of raw materials, but with the ease of transportation, it may continue to rise in May.


(3) Demand side


The traditional peak season demand has not been fully released. With the gradual unblocking of transportation and epidemic control, the demand may be further released in May. In addition, the downstream galvanized strip industry in some regions has been affected by the epidemic control and production, and the spot resources in the market are tight, and June is about to enter the rainy season, and production may be concentrated in May.


Main Products

Send Us A Message

Quick Links

Product Category

Contact Us

Address: Hengtai Road No. 14, Daqiuzhuang town, Jinghai District, Tianjin, China

Phone: (+86)-022-59186009
WhatsApp: +86)-18522522113
Email: info@jzysteel.com
Send Us A Message

 Copyrights 2021 Tianjin Jinzhuoyi Steel Co., Ltd.