CCTV, Beijing, January 2 (Reporter Lv Hongqiao) According to a report by the Voice of Economy of China Central Radio and Television “Tianxia Finance”, steel companies have recently issued winter storage notices. 4,450 yuan per ton, a record high. Due to the bearish steel price trend, traders are generally not enthusiastic about winter storage, and more traders choose to participate in winter storage at a floating price.
With the increase in seasonal work stoppages and the end of the steel market in some places, steel companies and traders are preparing for winter storage. Judging from the notices issued by some steel companies, winter storage is still divided into two methods: price locking and value preservation. The locked price means that the steel company directly determines the price, and the trader takes the goods at this price. Judging from the notice from steel companies in Shandong, Jiangsu, Shanxi and other places, the locked-in price of rebar is around 4,450 yuan per ton, an increase of 200 yuan year-on-year, setting a record high. The preservation of value is to first determine the demand for winter storage, and the price will follow the market at the time of settlement.
Zhuo Chuang Information analyst Li Zhaoqian said that no matter which pricing method is used, due to the bearish steel price, traders are not as enthusiastic about winter storage as a whole. “In the survey of the overall market mentality, there are currently 107 construction steel traders surveyed, of which 10 are bullish, 55 are bearish, and 42 are looking at market fluctuations. The market confidence index is 28.97%, and merchants have a slight confidence. Rising, but the increase is relatively limited. So in the short term, the price of construction steel will continue to be in a weak downward state.”
Looking at the situation in previous years, in the years when traders are more willing to store winter storage, 60%-70% of their purchases are locked in price, but in this round of winter storage, only 20% of purchases have been locked in price so far. In other words, the price of most transactions is on the market.
Shanghai Iron and Steel Information Director Xu Xiangchun analyzed that in 2021, steel prices will fluctuate twice, and steel traders are worried that they will not be able to step on the market’s beat, so they are generally more cautious in obtaining goods and their winter storage strategies are more conservative. “The first is whether the price cost of winter storage has reached the psychological price of traders, and if it reaches them, they will actively go to winter storage. The second is to predict the spring market, if (traders) believe that the spring market can rise, If the price can rise significantly, the willingness of winter storage may be stronger at this time, and the price lock will be higher.”
Looking forward to the steel market in 2022, in terms of supply, experts believe that under the background of dual control of energy consumption, it is difficult for the annual steel output to grow. In terms of demand, the “Fourteenth Five-Year Plan for the Development of Raw Materials Industry” recently issued by the Ministry of Industry and Information Technology proposes to strictly control the export of high-energy-consuming and low-value-added products. This means that the export policy of general steel products may be further tightened, and the demand for overseas steel may be further tightened. reduce. But on the other hand, domestic steel demand also has new growth points.
Feng Meng, deputy director of the Department of Raw Materials Industry of the Ministry of Industry and Information Technology, recently mentioned that my country will conduct pilot activities for green building materials to the countryside. “The pilot launch of green building materials going to the countryside and the construction of pilot cities for the application of green building materials, in accordance with the principle of “departmental guidance, market leadership, and pilot projects first”, promote the accelerated promotion and application of green building materials that are energy-saving, carbon-reducing, safe, and cost-effective. At the same time. , To encourage the use of green building materials in green buildings, prefabricated buildings and other engineering construction projects.”
Xu Xiangchun believes that, on the whole, steel supply and demand will continue to shrink in 2022, but compared with 2021, the decline in demand will narrow. “With the introduction of a series of stabilizing growth policies in 2022, whether it is infrastructure investment or manufacturing demand, there will be a stabilization and rebound, but real estate may have a drag on the demand for steel. Overall, the demand for steel may be in 2022. There will be a decline of 2% to 3%, but the rate of decline is narrowing.”Return to Sohu to see more
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