Bearing steel billet, bearing rebar, there is substantial gains

Since the end of 2017, China China hebei tangshan region of steel billet prices and tertiary rebar prices, respectively reached 3830 yuan, 4210 yuan per ton, than the same period last year rose 40%, 35% respectively, compared with the same period in 2015 rose by 150%. According to the commodity e-commerce platform nishimoto Shinkansen data, November 28, steel price index reached $4700, for six years, about 40% higher than the same period last year. Bearing steel billet, bearing rebar, there is substantial gains. Should now belongs to the iron and steel production and sales of season, in hebei province for example, on November 1, 2017, hebei metallurgical industry association released in October 2017 the PMI for 45 steel industry in hebei province. 4%, fell 5. Expansion of 7%, over five months. The new orders index of 47 in October. 9%, dropped 2. 0%, the downstream steel industry affected by the environmental protection policy, demand resulting in a decline in new orders consumption. In the case of demand off-season, why instead of price shocks to rise? This is very affect the price of spherical roller bearing! Steel analyst li qun, points out that the related to slow down the production now, once the market has the wind is the chance to adjust the price. Has decreased, the steel price off-season not light according to reporter understanding, as the weather becomes cooler and the temperature decrease reduce construction reduces the demand for steel, iron and steel industry into the season of the year. However, steel prices off-season does not light. Nishimoto Shinkansen, according to data on November 28th, steel price index of 4700, a six-year high. Billet price index of 3830, than on November 15, 3860 fell slightly, as a whole remains high. On November 27, tangshan region tertiary rebar price is 4310 yuan per ton, than the same period last year, 3000 yuan per ton level achieved. At the same time the price is 3840 yuan per ton of steel, tangshan region is much higher than the same period of last year the level of 2700 yuan. Appear such price status, related to the current production to reduce. From the data, recent tangshan blast furnace capacity utilization is 56. 82%, building material utilization is 26. Strip starts only 13%, 67. 9%, material utilization is 43. 48%. The National Bureau of Statistics released the steel capacity utilization is not the same as the substantial increase in the third quarter. The National Bureau of Statistics had pointed out that in the third quarter, black metal smelting and rolling processing industry ( Steel) Capacity utilization for 76. 7%, respectively, and the annulus compared to 4. 4 and 1. 0%, lasted for six quarters picks up momentum, as the highest level since 2013. Analysts think, now the north district heating steel to leak, the overall decline in output, this led to the bearing manufacturer price fluctuations, also is a good profit growth. In October, according to data from the National Bureau of Statistics (NBS) national steel nissan is 296. 10000 tons, to its lowest level since march, is the first time below 3 million tons, compared with the same period last year dropped by 6%. Customs data also showed that China steel exports in October of 4. 98 million tons, monthly exports rose ( Than last month) To reduce 160000 tons, fell 3. 11%, year-on-year decline in 35. 24%. Steel experts Ma Zhongpu believes that the current iron and steel demand is off-season, the decline in demand, but the current steel production are slow, and downstream industries, including automotive, home appliances, such as bearing steel did not reduce. 'downstream of the steel parts manufacturing demand isn't going down, in the iron and steel production slowed down, the balance of supply and demand balance is leaning to the steel industry, so the prices go up. 'he said. Content in al steel logistics professional committee, according to a report released on October PMI index of 52 iron and steel industry. 3%, a slight drop in the previous month. Fell 4%, for a second consecutive month, but has for six months in a row at more than 50% of the expansion range. Concrete production and new orders index fell slightly, significant increase in new export orders index but is still less than 50% contraction range. Looking at the hebei region, hebei iron and steel in October PMI index of 45. 4%, fell 5. 7%, the index to shrink again in two notches interval, the boom of industry decline is more obvious. Subentry index and output index and raw material purchasing price index fell sharply to shrink range, new orders index material and finished product inventory index edged down still in shrink range, new export orders index increased but still in shrink range. Production capacity to promote industry profits in steel prices are still rising, heating period under the condition of their production, capacity situation next year? According to reporter understanding, the state plans to use 3 - Time to remove 1-5 years 1. 500 million tons of steel production capacity, in fact, in addition to the 2016, 6000, ten thousand tons, 2017 target is 50 million tons, has now been overfulfilled. Click here to see, in 2018, eliminate backward production capacity is limited. More than the completion of tasks of removal capacity, not including the end of June this year to remove the DeTiaoGang capacity of about 60 million tons to 100 million tons. Steel analyst li qun believes that as the steel to the production capacity is more, a few years ago to 2018 the number of less capacity, but also more difficult. 'steel such as the rebar futures market, futures changes had a great influence on spot price, but the price will not suddenly soared, rise must be orderly, achieve high, after the market form also continued to callback as high. 'she said. Ma Zhongpu pointed out that the overall China's steel industry overcapacity pressure decreases, remove excess capacity has made phased achievements, iron and steel industry is profitable good condition. Hebei metallurgical industry association secretary-general da-yong wang believes that hebei steel product steel for the heating season in October to leak in advance execution, steel prices high and volatile, smaller margins. And weak market demand forecast, raw materials prices appear differentiation, including coke prices collapsed, the prices of steel, the overall cost down, iron and steel enterprise efficiency continue to improve. In November, the heating period of north China environmental limit production comprehensive land of hebei steel market supply will be more obvious inhibition, steel prices remain under pressure.