Baosteel issued 10 November main products ex factory price policy, is a "Pu to fall" of the disk, tons of decline in the price of 250 yuan to 500 yuan between, and in some species is also the introduction of preferential compensation policy in October order. Market estimates, at present continuous downward steel market background, Baosteel pricing had to "go", but the difference of brand advantage showed some resilience. At the same time, from the perspective of the steel city festival, is still difficult to get rid of the downlink channel.
According to reporters from the Baosteel Sales Department to know, in November Baosteel pricing is a "Pudie disc": plate, ship plate, boiler vessel steel plate product tons price generally lowered from 400 to 500 yuan; hot-rolled carbon product tons price down 400 yuan, machinery steel and other varieties of steel tons price down 500 yuan; cold rolling products generally down 400 yuan; pickling products generally down 250 yuan; hot dip galvanized, electric galvanized, Caitu, electrical steel products price amplitude in 300 tons to 400 yuan. At the same time, on the order of cold and hot rolled products in October also introduced preferential compensation policy concessions to 100 to 350 yuan per ton.
Baosteel Sales Department sources said, because at present the entire domestic steel market in the "down", Baosteel can not break away from such a general background, so the downgrade latest ex factory price is "go". From the market present situation, the downstream demand is still there, but the supply is growing too fast, causing the market fluctuation. Many products of Baosteel has poor dissimilation, the non homogeneity of the advantages in the market, resilience is relatively better, downstream user load bearing capacity is relatively strong point. Therefore, after the price, Baosteel cold hot rolled product tons price or in general than similar products in the market more than 1000 yuan.
Iron and Steel Research Center Director Yu Liangui also thinks, although compared with the overall market trend, Baosteel's price cuts for feeling letting a person "may not fall into place". But there are a few points to consider, one is the pricing Baosteel overall direction or "empty" November steel market, consistent with the direction of the market; two is the Baoshan Iron and steel products, brand advantage makes its pricing has its own characteristics; the three is the Baosteel price range is relatively small with a stable market, the steady adjustment, not to suppress the excessive market intention.
It is observed in some institutions, national day long vacation after the opening of the domestic steel market, continued to show weakness running situation, prices continued to fall in the downlink channel, the main varieties of steel social inventory appeared relatively substantially rise. Especially sheet products, social inventory pressure, the Shanghai market hot rolled coil social inventory has reached more than 1100000 tons of high level, this will affect the sheet product shortly after the price trend and the fluctuation amplitude of the whole steel city price. At the same time, with the upstream raw fuel product prices fell, steel cost pressures are also gradually reduced, so, even if the market price of steel appear continuous decline, steel mills limited production initiative still is not very strong, is not conducive to the supply and demand balance.
Iron and Steel Research Center analysts believe that continued Yindie steel prices, making the market more dense atmosphere, difficult to enlarge the volume. On the market all kinds of pressure within a short period of time is difficult to alleviate, certain time and the process needs to digest the contradiction. Before the market of external and internal environment without the big improvement, the domestic steel prices will remain in the doldrums, temporarily difficult recovery.
China's steel price net revealed Saturday that large domestic steel Baosteel has cut its main steel products price in November compared with October, decreased by 9%-13%.
The site shows that the price of hot-rolled steel in November generally down 400 yuan / ton; cold-rolled plates volume is down 400 yuan / ton, while in October the order also can enjoy preferential 300 yuan / ton.