Steel industry chain significant signal: Since November , down more than 3 months of iron ore prices finally signs of stabilization , wire stabilized rebound , Wuhan oriented silicon steel prices has greatly reduced 7%.

Implicit logic: the steel industry may bid farewell to the arctic , macro-control and the effects of limited production has been significantly clues. Downstream industry profitability will also receive significant changes.

Across the board to stabilize the steel industry chain

Bohai Securities analyst Ma Tao, every day, collecting market prices . He told financial weekly newspaper reporter :

Pressure in the Rizhao Port hill is decreasing. "Speed is very fast ." Changjiang Securities Liu Yuanrui said.

Iron ore digestion conditions : Coastal iron ore stocks last six weeks has been reduced since last week from 3.43 to 62.55 million tons . And September compared to 75.98 million tons maximum inventory has decreased more than 1300 tons. This is the 15th Wuyun Ying Liu Yuanrui colleagues revealed.

Spot iron ore trend: this time to form a small spoon . From August of up to 1600 yuan / ton down to 700 yuan / ton, while in the sunshine locally , once someone to 500-600 yuan price of dumped goods . However, since mid to late 11 , the price of iron ore from 700 yuan / ton rose to 810 yuan / ton to 820 yuan / ton. Partly because of that is that some Chinese steel production complex and signed a number of new iron ore purchase orders.

There have been news of steel production complex . " According to the current iron ore, coke and steel product prices , the current loss of each enterprise is no longer steelmaking ." Lange Steel Consulting , said Li Zhao , head , only to see the steelmaking this link, there will be 200 per tonne of steel yuan profits .
Steel half months to digest inventory 10500000000

At the same time , the steel industry in the last sale stock , but the price did not continue to decline.

Lange Steel data show that on November 12 , 26 steel companies Inventories 246.3 billion yuan, but by the end of November , the two cities 26 listed companies stocks fell to 235.8 billion yuan , 10.5 billion yuan decrease.

According to Li Zhao , currently various steel mills have adopted a variety of measures to digest its inventory sales . In Baotou Steel shares , for example, they gave dealers a large price cut , ex-factory price lower than other mills 100-200 yuan / ton.

Fortunately, consistent with the trend in raw material prices , the price of steel products also began to rebound in November . Ma Tao told reporters that the current market price of building materials from the major varieties rebar lowest 3350 yuan / ton up to 3500 yuan / ton, the highest price of the product have been close to 5500 yuan / ton ; while the main varieties of hot rolled sheet by a minimum of more than 3200 yuan / ton up to 3500 yuan / ton, the highest price of the species had more than 6200 yuan / ton.

This steel companies since September began imposed cuts a great relationship. According to the Ministry data , steel production increased numbers of -9.1 % in September , October was -17% , -12.4 % in November , on the other hand is indeed because " downstream demand recovered slightly."