Steel price shocks

Economy downward pressure, fixed investment continued to slow, rapid decline of investment in real estate, infrastructure investment gradually overweight, industrial power decreases obviously, slowing industrial production, crude steel production, steel exports remain strong, supply pressure slowed, manufacturing industry, slow growth, slow growth in market demand, the short-term hong kong-listed range. Next week (2015.4.20-4.24) for domestic steel market will be slightly lower.

Weeks price forecasting model according to Lange steel information research center data calculation, next week (2015.4.20-4.24) for domestic steel market prices will be slightly lower, long products prices will be slightly lower, profile market prices fall modestly firmer, plank market price will be slightly lower, pipe market prices fall modestly in the stable. Lange steel national steel composite price index is expected to near 100.6 fluctuations, steel price in 2760 yuan, an average volatility 30-50 yuan; Among them, the long products prices fluctuate index is expected to near 103.7 points, a small decline in 0.3. Material price index is expected to near 105.5 fluctuations, a small decline in 0.5. Plank price index is expected to near 96.4 fluctuations, a small decline in 0.2. Pipe price index is expected to near 106.4 fluctuations, edged down 0.3 points (see figure 1).

Lange steel information research center, market research, according to data next week (2015.4.20-4.24) for domestic long products prices will be slightly lower, profile market prices fall modestly firmer, plank market price will be slightly lower, pipe market prices fall modestly stability; Market prices of raw materials will be weaker, steady weakening in the iron ore market price will be steady, coke and scrap steel market prices will remain stable, billet market prices will be stable in weaker.

1. The domestic steel market shocks to adjust this week

2015 week 16 (2015.4.13-4.17) Lange steel national steel composite price index reached 100.9 points, down 0.34% compared with last week, down 23.82% from a year earlier. Among them, the LGMI long products prices index was 104.0 points, down 0.38% compared with last week, down 24.73% from a year earlier. LGMI material price index to 106.0 points, down 0.79% compared with last week, down 22.52% from a year earlier. LGMI plank price index to 96.6 points, down 0.21% compared with last week, down 23.77% from a year earlier. LGMI pipe price index to 106.7 points, down 0.49% compared with last week, down 20.84% from a year earlier.

According to market monitoring Lange steel information research center, 2015 week 16 domestic original fuel parts of steel and steel products 17 class 44 specifications (varieties) of price changes are as follows: the main varieties of steel market price swings adjustment, compared with last week, rose varieties increased, flat varieties decreased, falling. Rising among 10 varieties, increase from last week nine; 15 kinds of flat, reduce two from last week; 19 species decline, reducing seven from last week. Domestic steel market price stability slightly adjust the raw materials, iron ore market prices to maintain smooth, slightly dropped 60 yuan in the coke market price stability, scrap steel market prices fell 20 to 50 yuan, 10 yuan steel billet market prices rose slightly.