The current price of the hottest steel market is s

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The current price of steel market is seriously upside down. Baosteel's price in May fell obviously and steadily

today, Baosteel introduced the price in May, of which the prices of hot rolling, pickling, general cooling, hot galvanizing, electro galvanizing, aluminizing zinc, color coating and other major products remained unchanged, of which cold rolling was given a steady order agency yuan/ton, and Baosteel's price in May was obviously and secretly reduced

Baosteel's price fell steadily and secretly in May

today's market "weathervane" Baosteel issued a price policy for May: among them, the price of hot rolling (products directly under the factory Department) remained unchanged, ending the transfer of factory price in consecutive may. In addition, contracts with futures contracts in May that took effect before April 24 (inclusive) were given a preferential advance order of 30 yuan/ton, of which cold rolling was given a retroactive order agency of yuan/ton

auto production and sales hit a record high in March

major steel industries such as home appliances and automobiles performed well, especially in March, China's narrow passenger car sales increased by 19.1% year-on-year and 38.5% month on month, respectively. According to the data released by the China Automobile Association on April 11, the automobile production and sales situation in March 2013 was good, and the production and sales of both vehicles in that month exceeded 2million, a record high. General overview of production and sales: in March, the production of automobiles was 2.0852 million, with a month on month increase of 54.76% and a year-on-year increase of 10.88%; 203.51 vehicles were sold, with a month on month increase of 50.22% and a year-on-year increase of 10.69%. Among them, 1.657 million passenger cars were produced, with a month on month increase of 49.95% and a year-on-year increase of 13.82%; The sales of 1585500 vehicles increased by 42.60% month on month and 13.25% year on year. The production of sample fixture commercial vehicles was 428200, with a month on month increase of 76.68% and a year-on-year increase of 0.81%; 449600 vehicles were sold, which is very important for designing safe and reliable products, with a year-on-year increase of 85.15% and 2.51%. In June, the year-on-year growth of automobile production and sales was more than 10%. The overall performance of automobile production and sales in the first quarter was better than expected, which laid a good foundation for stabilizing the production and sales situation of the whole year

Since the middle of February, the spot price of hot rolling has fallen by about 300 yuan/ton, while the ex factory price of mainstream steel mills has still been adjusted upward, with a cumulative increase of about yuan/ton. Since December 2012, Baosteel has raised the ex factory price five times, and the cumulative increase of some varieties has reached 750 yuan/ton. The market price has continued to fall, while the price of steel mills has continued to rise, As a result, the spot price and the ex factory price of the steel plant are seriously inverted. Due to the serious inversion of current prices, Baosteel adopted the method of flat plate implicit compensation in the price adjustment of plates in May. The 5.5mm hot rolling subsidy is 100 yuan/ton, and the 1.0mm cold rolling subsidy is 200 yuan. How do operators carry out normal maintenance of high and low temperature experimental machines and what are the performance characteristics of the equipment? Yuan/ton

Wuhan Iron and Steel Co., Ltd. and other companies are under great pressure to reduce prices.

today, they enter the order cycle. From the order situation of steel mills last month fed back by market merchants, the unsaturated order volume shows that the market is still difficult to accept the high order cost. The fact that steel mills are looking for large state-owned households to sign orders may also indicate that the inventory in the plant is still to be digested. The market is expected to lower the futures price policy of WISCO in May, with a specific range of yuan/ton

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