Demand, raw material prices and other factors propelled
Recent news by environmental inspectors, the domestic steel market mentality significantly improved, some steel mills to stop production of self-examination, many active mills shut down, the market expected supply will be reduced. At the same time, a new round of steel price increases is to enhance the market sentiment.
Yesterday, Shagang introduced part of the price policy in mid-August this year, high wire and screw plate prices rose 50 yuan / ton, steel prices rose 80 yuan / ton, HRB400Ф16-25mm steel prices is up to 2560 yuan / ton. In addition, sources said yesterday, Baosteel major varieties of steel hot-rolled, cold rolled coil prices increass by 100 yuan / ton in September .
On the same day, Tangshan Xinda mills also offer prices up 30 yuan / ton, general agreement households billet tax ex-factory price is 2230 yuan / ton. In addition, as long as steel, Zhongtian Iron & Steel, Wing Steel and other construction steel producers were yesterday raised ex-factory price in mid-August, rebar increases 80 yuan / ton, high-wire, plate, screw up 50 yuan / ton.
"The recent demand, orders in good condition, with environmental protection, raw material prices and other factors overlay, various types of steel product prices are rising, reflecting mills optimistic." Guoxin coal steel futures researcher Shiyu Chen told Futures Daily Reporter.
It is understood that coke prices in Hebei mainstream program on the 12th again raised ex-factory price of coke 50 yuan / ton, this is the third time within a month to adjust, the cumulative increase of 130 yuan / ton, accumulated since July rose 220 yuan / ton. Coking coal market to be outdone, this month, Shandong coal market prices have risen 30-45 yuan / ton; August mainstream Hebei coal prices had canceled preferential policies, while coking coal prices start from August 1 yuan jumped 20-30 / ton; Shanxi Lu'an Group's coal prices start from August 10 rose 30 yuan / ton; Huaibei mining coking coal prices rose 20-30 yuan / ton.
