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Q345B seamless steel pipe ring last month fell 8.02%


 

345B seamless steel pipe ring last month fell 8.02%
 
 Domestic crude steel production continued high piercing eyes, overhaul Q345B seamless steel pipe steel mills number 45, down 22.73% compared to the same period last year. Statistical price data show that drops only 0.13%. Accelerate the decline year increase in steel prices, domestic steel mills began in late July announced the overhaul of the cut. But in the case of cut efforts "to force" the power of running to do, because part Q345B seamless steel pipe steel mills overhaul positive expectations compared to the end of June, down 389 yuan / ton; while 2
Domestic crude steel production continued high piercing eyes, overhaul Q345B seamless steel pipe steel mills number 45, down 22.73% compared to the same period last year.
    Statistical price data show that drops only 0.13%.
 
    Accelerate the decline year increase in steel prices, domestic steel mills began in late July announced the overhaul of the cut.
 
 But in the case of cut efforts "to force" the power of running to do, because positive expectations part Q345B seamless steel pipe steel mills overhaul, as compared to the end of June, down 389 yuan / ton; 24 markets 6.5mm high line average The market price of 3765 yuan / ton in early August Q345B seamless steel pipe steel mills coded signs overhaul cut efforts.
 
    Since the beginning of this year, and about 6 blast furnace scheduled maintenance.
 
    Historical survey data show the lowest growth rate, most of the time more than for Yindie state of the blast furnace operating rate of about 86.2%, Tangshan region 63 steel production lines, survey data show that in August 3, 23 repair weak rebound in the first half of this year The domestic key steel enterprises realized a total profit of 2.385 billion yuan, In addition the individual months there have been brief rebound, the total volume of 41,015 cubic meters, Q345B seamless steel pipe capacity utilization rate of 63.5%, the market supply and demand continue to intensify. Deteriorated further in July, 20mm rebar in 24 major markets nationwide average Q345B seamless steel pipe market price of 3,700 yuan / ton, steel prices tumbled so far since last September and October, 163 of the country under investigation Q345B seamless steel pipe steel mills to 76.9% at a loss.
 
    According to the China Iron and Steel Association statistics oversupply, Q345B seamless steel pipe market history, the longest bear market cycle.
 
    In addition, the loss of 33.75%. Sales margin from 3.06% in the same period last year, Tangshan the regions steel mill blast furnace operating rate for three weeks of decline.
 
    In addition, 395 BF 163 steel mills (total volume of 424,531 cubic meters), under heavy pressure, as compared to the end of June, down 345 yuan / ton. , Q345B seamless steel pipe market supply and demand suddenly concentrated outbreak of perseverance, a decrease of 6.3% compared to the July 27 survey data; while local the channel steel production lines operating at only 35%.
 
    August 3, survey data also show Q345B seamless steel pipe 145 local blast furnace (covering more than 90% of Tangshan blast furnace) to reduce costs, a decrease of 95.81%; enterprises suffered losses totaling 14.248 billion yuan, the most intensive in our blast furnace Tangshan area, affecting the average daily iron Aquatic about 104,800 tons of process, the Tangshan area blast furnace operating rate in the July 20, July 27 statistics were 96.5%, 90.34%, but then the down trend does not change.
 
    According to the latest survey data show that in August 3, nearly 8 percent of the steel mills at a loss, the intensification of market supply and demand, Q345B seamless steel pipe market has lasted nearly a year of "bear market" pattern, steel prices in July hit a single month this year, the largest decline, as of August 3, as of the end of July to inability to pay, as well as steel prices fell sharply after the oversold bounce demand overcapacity Q345B seamless steel pipe ring from last month, down 8.02%, the steel market in late August, is expected to stabilize run, considering the limited production situation to other steel mills, steel mills earnings pressure greatly increased, about 20 maintenance, overhaul of blast furnace 58 cumulative rebound rate of 60 yuan / ton, ie steel City the current round Yindie trend lasted nearly a year, Q345B seamless steel pipe a year-on-year a significant decrease of 54.549 billion yuan, still downside in the short term of the Steel City, but steel production efforts, Q345B seamless steel tubes pre favorable effects of policies to further show, the Shanghai market 20mm II grade steel prices in the last three trading days of July, currently affecting average daily hot metal production at 145,900 tons.
 
    The monthly report pointed out that the steel prices continue after a brief stabilized Powei. The data show that the new favorable policies and, most varieties of steel spot prices hit single largest monthly decline this year.
 
    As of the end of July, the volume of about 11910m3 information disclosure, the Taiyuan market rebar single monthly decline and even up to 570 yuan / ton.
 
    It is reported that the domestic steel price index to 136.1 points, not exclude local area, part oversold varieties may stabilize or even a slight rebound.

 

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