Material market "gold nine" less than the second half of the steel enterprise profit situation worrying


Published:

2022-09-28

Steel demand has strengthened but remains weak year-on-year. Finance Lianhe reporters learned that the current three downstream steel consumption, infrastructure investment data has increased, real estate investment and manufacturing recovery performance is poor, market demand and previous years compared to weak

图片名称

"It's a little better than last month, but it's a lot worse than usual. This year it's all about who pays less." Recently, financial association reporters in Hebei area steel trade market visit, there are business leaders so feeling way.

Since September, steel demand has strengthened but still weak year-on-year. Cailianhe reporters learned that the current three downstream steel consumption, infrastructure investment data has increased, real estate investment and manufacturing recovery performance is poor, market demand and previous years are weaker, and October due to the National Day holiday, fewer working days, the overall demand situation or not as good as September. "The second half of the steel earnings situation or worse than the first half." Some analysts said so.

Demand for steel has recovered

"The transaction volume is still better than last month, probably more than 10 percent." Tangshan Yue Xin iron and steel responsible person Liu Huajie expresses to finance association reporter.

Shanghai Steel Association data show that the average daily turnover of steel in July and August is about 140,000-150,000 tons, the average daily turnover of steel in the first few weeks of September is 170,000-180,000 tons, and the market turnover in recent days has recovered to more than 200,000 tons.

From the market segment, the recovery of downstream demand is better in the field of infrastructure, Soochow futures industry analyst Zhu Shaonan told the financial association reporters: "We understand that some infrastructure projects have begun to land gradually, the demand margin has improved."

Construction steel sales have also improved, a steel mill in Hebei big agreement dealer business manager Ma told the news agency, "this month's shipments have increased, but compared with last year is still less, last year if 100 points, this year is 70-80 points."

However, the increase in industrial demand of small and medium-sized enterprises is not obvious. Shijiazhuang a cold rolling, hot volume dealers said: "This year has not been good, these two months is also, there is an inquiry, but is not an order. Old customers take less goods, basically how much to buy how much, no enterprise to do inventory."

In the steel market in the finance association reporters also found that the number of vehicles in the market has increased, but the majority of vehicles to pull the number of steel is less, the downstream purchase enthusiasm is limited.

Due to the general expectation that the market demand or in September, and steel profits have recovered, most of the early suspension of steel enterprises in late August began to resume production, blast furnace operating rate continues to pick up, market supply continues to increase, has been close to the high point of the year.

According to Mysteel's latest survey data, the blast furnace operating rate of 247 steel mills is 82.81%, up 0.40% from last week and 5.37% from last year. The capacity utilization rate of blast furnace iron making was 89.08%, 0.75% higher than that of the previous month and 6.97% higher than that of the previous year. The average daily output of molten iron was 2,404,000 tons, an increase of 20,200 tons month on month and 199,100 tons year on year.

Xiangtai Metalwork,steel enterpris

Related News

Material market "gold nine" less than the second half of the steel enterprise profit situation worrying

Steel demand has strengthened but remains weak year-on-year. Finance Lianhe reporters learned that the current three downstream steel consumption, infrastructure investment data has increased, real estate investment and manufacturing recovery performance is poor, market demand and previous years compared to weak