The increase is up to 500! Can steel prices break high?

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Background: Since the environmental protection investigation in Xuzhou City, the local steel mills have stopped production. The overall impact on the market has been large. The overall market growth rate has reached 500 yuan/ton. What is the future steel market? Can the price break the previous high? Recently, Xiaobian interviewed some agents in the market.

The following is an interview summary:

Zhang Zong, Longzhou Metal Materials Co., Ltd. said: Since April, the market has changed in style and has been ups and downs, earning enough attention from all walks of life and broken glass! The risk of trade friction between China and the United States is still surviving, and environmental protection and production policies are frequent everywhere. The supply and demand double-sided display rebounded synchronously, and the steel price returned to a high level, which caused the market mentality to be more subtle. At present, due to the overhaul of some steel mills and environmental protection, the inventory of most steel mills decreased, and the resources decreased significantly. In addition, the regional price difference is not obvious, cross-regional resources With the increase in spot prices, the recent release of downstream demand is also more active, the terminal purchase volume maintains a good level, domestic crude steel and steel output increase steadily, supply will not be short, after the end of the heating season, domestic crude steel Production has rebounded, but the increase is lower than expected, and the subsequent increase is worthy of attention. The growth rate of fixed assets fell back from the previous month, but the growth rate of national real estate development investment was very bright. The supply side of this year will continue to be vigorously promoted. The current environmental protection means is the only weapon that restricts the recovery of production.

With the decline of social stocks, the leading steel mills' market control ability has been further enhanced, and the steel mills' voice is extremely popular! Overall, the environmental protection policy maintains high pressure, downstream demand continues to be released, social stocks continue to decline, and domestic construction steel prices continue. The overall performance has risen. At present, most traders have little inventory pressure. The steel mill's “control panel” capability has been handy. As long as there is no big “turbulence” in the capital market, steel prices are expected to remain high in May.

General Manager Liu of Jiangsu Xinlide Import and Export Co., Ltd. said: At present, the market price has risen a lot, but his opinion on the later market is still relatively optimistic. The steel mill has stopped production, and the current market inventory cannot be replenished in time. The surrounding resources of the stage are more than the market in Xuzhou, and the price is high. However, with the return of the local construction site, the demand is further released. In the short term, the price is expected to continue to rise, but there is still some resistance to break through the previous high point.

Mr. Chen of Jiangsu Haogang International Trade Co., Ltd. said: The market resources are still there in the near future, but the price is constantly rising due to the lack of timely supplementation. At present, the inventory in hand is less than 1W, which cannot meet the current market demand. The market price has no distinction between the first line, the second line and the third line. All the prices are desperately pulling up. Only three days of Labor Day, the market price increase is about 100 yuan / ton -150 yuan / ton, the market bullish sentiment is still strong, for According to the outlook of the market, the current environmental protection efforts are still relatively strict. As long as the local steel mills in Xuzhou have not yet resumed production, the price will continue to fluctuate upward.

On the whole, the market is currently bullish, and the impact of the steel mill's suspension on the market is still very large. The previous environmental supervision has also exerted certain pressure on the construction site. At present, the demand for the construction site is gradually decreasing, the demand is slowly increasing, and the short-term inventory is in short-term. Without timely replenishment, it is expected that the short-term market price will maintain a volatile upward trend.

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