1. The screw waste difference and the plate waste difference increase simultaneously
The price difference between rebar and scrap steel was 960.3 yuan/ton, an increase of 44.9 yuan/ton week on week and 47.9 yuan/ton year on year. The price difference between hot rolled and scrap steel was 961.5 yuan/ton, an increase of 43.7 yuan/ton week on week, and a decrease of 6.0 yuan/ton year on year. The data show that the recent screw waste difference and the board waste difference have increased simultaneously, indicating that the recent profit situation of steel mills has picked up, and the overall production enthusiasm of steel mills has rebounded.
2. The narrow price difference between scrap steel and hot metal is enlarged
The price difference between scrap steel and hot metal in Jiangsu was inverted 104 yuan/ton, with a weekly expansion of 57.9 yuan/ton and a year-on-year increase of 100.3 yuan/ton. Recently, the narrow price difference between scrap and hot metal has widened, the advantage of scrap steel in steelmaking has increased compared with hot metal, and the enthusiasm of short-term and long-term process steel mills is still good.
1, the supply side: the increase in scrap circulation steel mill arrival trend is obvious
As of May 16, the average daily arrival of scrap steel from my 300 steel mills was 555,000 tons, an increase of 7.83% week on week and 17.29% month on month.
According to the data, the recent increase in the volume of steel mills is obvious, mainly due to the continuation of the decline in steel at the beginning of last week, the shipment of scrap steel processing base increased, and the processing base received more synchronous increase than the previous period, driving the arrival of steel mills significantly improved.
2, the demand side: the start of steel mills generally increased the overall demand for scrap steel recovery
As of May 16, the average daily consumption of scrap steel in my 300 steel mills was 532,000 tons, an increase of 1.12% week on week and 5.31% month on month. In terms of electric furnaces, as of May 16, Mysteel investigated 87 independent electric arc furnace steel mills across the country, with an average operating rate of 68.53%, an increase of 4.35% week on week and 3.78% month on month. The capacity utilization rate was 54.27%, an increase of 2.39% week on week and 5.20% month on month.
This week, Mysteel investigated the average profit of independent electric arc furnace construction steel mills was -98 yuan/ton, and the profit of Valley Electric was 16 yuan/ton. It can be seen from the data that although the recent profits of electric steel mills are still not ideal, the operating rate and capacity utilization rate have risen simultaneously, and the profit situation of long process steel mills is better than that of electric furnaces, especially scrap steel has advantages compared with hot metal, and the demand for scrap steel has risen as a whole.
3, inventory: the overall increase in steel mill inventory is relatively obvious regional differentiation
As of May 16, the total scrap inventory of my Iron and Steel 300 steel mills was 5.247,400 tons, an increase of 124,400 tons from last week, an increase of 2.43%; A month-on-month increase of 36,100 tons, or 0.69%; A year-on-year decrease of 371,400 tons, or 6.61%.
According to the data, the recent arrival of steel mills increased significantly, and continued to be higher than the daily consumption level of steel mills, driving the overall increase in steel mills inventory, but due to reverse billing and environmental inspection reasons, steel mills in some areas are less than consumption, short-term consumption of inventory.
1, the supply side: the increase in scrap circulation steel mill arrival trend is obvious
As of May 16, the average daily arrival of scrap steel from my 300 steel mills was 555,000 tons, an increase of 7.83% week on week and 17.29% month on month.
According to the data, the recent increase in the volume of steel mills is obvious, mainly due to the continuation of the decline in steel at the beginning of last week, the shipment of scrap steel processing base increased, and the processing base received more synchronous increase than the previous period, driving the arrival of steel mills significantly improved.
2, the demand side: the start of steel mills generally increased the overall demand for scrap steel recovery
As of May 16, the average daily consumption of scrap steel in my 300 steel mills was 532,000 tons, an increase of 1.12% week on week and 5.31% month on month. In terms of electric furnaces, as of May 16, Mysteel investigated 87 independent electric arc furnace steel mills across the country, with an average operating rate of 68.53%, an increase of 4.35% week on week and 3.78% month on month. The capacity utilization rate was 54.27%, an increase of 2.39% week on week and 5.20% month on month.
This week, Mysteel investigated the average profit of independent electric arc furnace construction steel mills was -98 yuan/ton, and the profit of Valley Electric was 16 yuan/ton. It can be seen from the data that although the recent profits of electric steel mills are still not ideal, the operating rate and capacity utilization rate have risen simultaneously, and the profit situation of long process steel mills is better than that of electric furnaces, especially scrap steel has advantages compared with hot metal, and the demand for scrap steel has risen as a whole.
3, inventory: the overall increase in steel mill inventory is relatively obvious regional differentiation
As of May 16, the total scrap inventory of my Iron and Steel 300 steel mills was 5.247,400 tons, an increase of 124,400 tons from last week, an increase of 2.43%; A month-on-month increase of 36,100 tons, or 0.69%; A year-on-year decrease of 371,400 tons, or 6.61%.
According to the data, the recent arrival of steel mills increased significantly, and continued to be higher than the daily consumption level of steel mills, driving the overall increase in steel mills inventory, but due to reverse billing and environmental inspection reasons, steel mills in some areas are less than consumption, short-term consumption of inventory.
Post time: May-24-2024