◎ This week, the total stock of five varieties of steel was 23.4029 million tons, a decrease of 100.47 million tons from the previous month. ◎ This week, the total stock of five varieties of steel was 23.4029 million tons, a decrease of 100.47 million tons from the previous month. Among them, the social inventory was 16,663,400 tons, a decrease of 429,200 tons from the previous month; The stock of steel mills was 6.739,500 tons, a decrease of 575,500 tons from the previous month.
This week, 87 steel production lines in Tangshan: the actual production line is 27, and the overall operating rate is 45.76%, down 8.47% from last week. The capacity utilization rate of 87 profile steel production lines was 54.07%, an increase of 9.29% compared with last week.
◎ This week, the total inventory of imported sintered powder from 114 steel mills was 250.677 million tons, down 600.02 million tons from the previous period. The total daily consumption of sintered powder was 1,036,900 tons, down 0.1,200 tons. The average cost of hot metal excluding tax in steel mills is 2753 yuan/ton, down 51 yuan/ton.
◎ This week, 523 coking coal (1488, -74.50, -4.77%) mine sample approved capacity utilization rate of 84.3%, an increase of 0.1%. The average daily output of raw coal was 1.90.0 million tons, an increase of 0.3 million tons from the previous month, the stock of raw coal was 3.467 million tons, an increase of 7.0 million tons from the previous month, the average daily output of clean coal was 733,000 tons, an increase of 0.4 million tons from the previous month, and the stock of clean coal was 3.079 million tons, an increase of 23,000 tons from the previous month.
◎ On March 28, the purchase price of Jiangsu Shagang scrap steel was reduced by 50 yuan/ton, the heavy three tax included 2700 yuan/ton, the furnace one tax included 2780 yuan/ton, and the annual cumulative rise and fall was -360 yuan/ton.
◎ On March 28, the total inventory of scrap steel from 300 parent and short-process representative steel mills in China was 5.715,300 tons, an increase of 14,000 tons or 0.25% from yesterday; Inventory turnover days 10.4 days, the same as yesterday; The total daily consumption was 491,500 tons, down 0.08% from yesterday; The total amount of goods delivered on the day was 505,500 tons, down 2.13% from yesterday.
◎ On March 28, the average cost of 40 independent electric arc furnace construction steel mills was 3733 yuan/ton, which was 32 yuan/ton less than yesterday. Valley electric profit loss of 52 yuan/ton, the average profit loss of 153 yuan/ton, yesterday reduced 18 yuan/ton.
◎ As of March 28, compared with the price difference between steel scrap and molten iron in steel mills in Jiangsu region, the price of molten iron is 170 yuan/ton lower than that of scrap steel (Note: The loss caused by scrap steel into the furnace has been taken into account, this data is only the theoretical value of the immediate cost of the day, and does not include the cost of logistics to the factory).
Shanxi Xinghua (Datong Xinghua) : It is planned to start the overhaul of the bar line on April 1, and the overhaul is expected to last 15 days, affecting the output of 45,000 tons of round steel. Among them, the social inventory was 16,663,400 tons, a decrease of 429,200 tons from the previous month; The stock of steel mills was 6.739,500 tons, a decrease of 575,500 tons from the previous month.
This week, 87 steel production lines in Tangshan: the actual production line is 27, and the overall operating rate is 45.76%, down 8.47% from last week. The capacity utilization rate of 87 profile steel production lines was 54.07%, an increase of 9.29% compared with last week.
◎ This week, the total inventory of imported sintered powder from 114 steel mills was 250.677 million tons, down 600.02 million tons from the previous period. The total daily consumption of sintered powder was 1,036,900 tons, down 0.1,200 tons. The average cost of hot metal excluding tax in steel mills is 2753 yuan/ton, down 51 yuan/ton.
◎ This week, 523 coking coal (1488, -74.50, -4.77%) mine sample approved capacity utilization rate of 84.3%, an increase of 0.1%. The average daily output of raw coal was 1.90.0 million tons, an increase of 0.3 million tons from the previous month, the stock of raw coal was 3.467 million tons, an increase of 7.0 million tons from the previous month, the average daily output of clean coal was 733,000 tons, an increase of 0.4 million tons from the previous month, and the stock of clean coal was 3.079 million tons, an increase of 23,000 tons from the previous month.
◎ On March 28, the purchase price of Jiangsu Shagang scrap steel was reduced by 50 yuan/ton, the heavy three tax included 2700 yuan/ton, the furnace one tax included 2780 yuan/ton, and the annual cumulative rise and fall was -360 yuan/ton.
◎ On March 28, the total inventory of scrap steel from 300 parent and short-process representative steel mills in China was 5.715,300 tons, an increase of 14,000 tons or 0.25% from yesterday; Inventory turnover days 10.4 days, the same as yesterday; The total daily consumption was 491,500 tons, down 0.08% from yesterday; The total amount of goods delivered on the day was 505,500 tons, down 2.13% from yesterday.
◎ On March 28, the average cost of 40 independent electric arc furnace construction steel mills was 3733 yuan/ton, which was 32 yuan/ton less than yesterday. Valley electric profit loss of 52 yuan/ton, the average profit loss of 153 yuan/ton, yesterday reduced 18 yuan/ton.
◎ As of March 28, compared with the price difference between steel scrap and molten iron in steel mills in Jiangsu region, the price of molten iron is 170 yuan/ton lower than that of scrap steel (Note: The loss caused by scrap steel into the furnace has been taken into account, this data is only the theoretical value of the immediate cost of the day, and does not include the cost of logistics to the factory).
Shanxi Xinghua (Datong Xinghua) : It is planned to start the overhaul of the bar line on April 1, and the overhaul is expected to last 15 days, affecting the output of 45,000 tons of round steel.
◎ On March 28, CISA issued the proposal of “Recognizing the situation and maintaining Perseverance to jointly Maintain the stable and orderly development of the steel industry”, the main driver of the recent market downturn is the lack of demand, the real estate market continues to decline, and the intensity of infrastructure construction slows down, resulting in the slow start of downstream demand. Iron and steel enterprises should take the initiative to follow the self-disciplined production mode of “to meet the needs of users and to balance supply and demand as the principle” to reduce production intensity. Details >>
◎ China Steel Association: The operation of the main steel industry in January and February showed a trend of differentiation, the construction industry continued to decline due to the drag of the real estate industry, and the overall growth of the manufacturing industry. Among them, the main indicators of real estate continued to decline, the decline has expanded, and the completed area has decreased from an increase; Investment in infrastructure development continued to grow.
According to incomplete statistics of Mysteel, as of March 28, six listed steel companies have announced 2023 performance reports. Among them, *ST West Steel, general special material and Sheng De Xintai 3 enterprises in 2023 net profit growth. Details >>
◎ Recently, Shandong Iron and Steel Group Yongfeng Lingang Co., Ltd. Linang Advanced Special steel industry base project 250 tons of converter hot test success, marking the project officially put into operation, promote the steel industry to achieve green, low-carbon and high-quality development.
◎ Previous exchange: From April 1, 2024 trading (i.e., night trading on March 29) : Rebar (3412, -61.00, -1.76%) futures RB2410 contract trading fee adjustment to 1/10,000 of the transaction amount, intra-day trading fee adjustment to 1/10,000 of the transaction amount.
◎ On March 28, the China National Coal Industry Association released the Annual Report on the Development of the coal Industry in 2023, which is expected to continue to maintain moderate growth in China’s coal demand in 2024.
