reverse! Does Baoshu Baowu Iron and Steel drop greatly, can it stimulate orders to improve?

Since April, steel prices have continued to decline.

Affected by the recent slump in cold-rolled and hot-rolled steel products, Sha'an Baowu and other steel companies took orders and consolidated their market position to comply with price cuts. In May, domestic sales prices reversed significantly, resulting in overall price cuts, including fever. Rolling, cold rolling, galvanizing, etc., plates drop by 100-300 yuan per ton, and building materials drop by 10-100 yuan per ton.

In April, the domestic steel market continued its downward trend and further drove the mainstream steelmakers to lower prices, after multidimensional stability stabilized in March. So, as the steel mills cut prices and profit, can it stimulate orders to improve, or further increase market pessimism?

Shagang

On April 1, 2017, Shagang issued a price policy for some products in early April 2017 on the basis of “Shagang's price policy announced in late March on March 21, 2017”:

1, the high line: down 120 yuan / ton. The factory price of Ф6.5mm HPB300 carbon high line is now 3,640 yuan/ton.

2, disk screw: down 120 yuan / ton. Now the price of 8-10mm HRB400 disk screw is 3760 yuan/ton, the increase of 6mmHRB400 disk screw is 200 yuan/ton, and the increase of anti-seismic disk screw is 30 yuan/ton.

3, thread: down 200 yuan / ton. The current HRB400 Ф16-25mm thread factory price is 3650 yuan / ton, Φ10mm price increase 160 yuan / ton, Φ12mm increase 120 yuan / ton, Φ14mm increase 30 yuan / ton, Φ28-32mm specifications increase 50 yuan / ton, Φ36, Φ40mm specifications increase 250 RMB/ton, earthquake-strength bar increase 30 yuan/ton. Ф14-25mmHRB500 thread ex-factory price increase on the basis of HRB400 150 yuan / ton.

4. For the previous rebar plan, it will be repaired at 180 yuan/ton, and there will be no recovery for the plate screw and wire rod.

5, discount interest policy unchanged.

The above prices are inclusive of tax and will be implemented as of April 1, 2017.

Angang

April 14 Anshan Iron & Steel announces May 2017 product price policy

On April 14, Anshan Iron and Steel Group adjusted the ex-factory prices of certain products, and the specific adjustments were as follows:

1, hot rolled coil down 300 yuan / ton, the current 5.75mm * 1500 * C Q235 hot rolled coil execution price of 3750 yuan / ton, (tax included: 4387.5 yuan / ton).

2, cold rolled coil down 300 yuan / ton, is 1.0mm * 1250 * C SPCC cold rolled coil execution price of 4855 yuan / ton, (tax included: 5860.35 yuan / ton).

3, rolling hard rolls down 300 yuan / ton, the current 1.0mm * 1000 * C SPCC rolling hard roll execution price of 4115 yuan / ton, (tax: 4814.55 yuan / ton).

4, hot-dip galvanized sheet down 300 yuan / ton, is 1.0mm * 1250 * C St01Z hot-dip galvanized sheet execution price of 5050 yuan / ton, (tax included: 5908.5 yuan / ton).

5, color coated plate to maintain the basic price of the previous period is not adjusted, the current 0.5mm*1000*C TDX51D + Z color plate execution price is 5750 yuan / ton, (tax included: 6727.5 yuan / ton).

6, pickling plate down 300 yuan / ton, is 3.0m * 1500 SPHC pickled plate implementation price of 4245 yuan / ton, (tax included: 4966.65 yuan / ton).

7, plate down 200 yuan / ton, the current implementation price of 20mm * 2000 Q235 plate is 4100 yuan / ton, (tax: 4797 yuan / ton).

8, electrical steel down 300 yuan / ton, is 0.5 * 1000 * C 50AW800 the implementation price of electrical steel is 6055 yuan / ton, (tax: 7084.35 yuan / ton).

9, rebar to maintain the basic price of the previous period is not adjusted, the implementation price of Φ20mm HRB400E rebar is 3450 yuan / ton, (tax included: 4036.5 yuan / ton).

The above adjustments are all tax-exempt prices. The implementation date starts on April 14, 2017.

Baosteel

Notice on the adjustment of domestic sales prices of Baosteel's carbon steel plates in May 2017

After research and decision, the domestic price of Baosteel in May 2017 will be adjusted based on the price in April as follows (the following are not including tax price):

First, thick plate (Baoshan, Dongshan)

The base price is lowered by 200 yuan/ton. The Q235A14-20mm Puzhong Ban listed price is 3400 yuan / ton (including tax 3978 yuan / ton).

Second, hot rolling (Baoshan, Dongshan, Meishan)

1. Baoshan and Dongshan: The base price is lowered by 120 yuan/ton. The listed price of 5.5mm*1500*C SS400 hot rolled coil is 4332 yuan/ton (including tax 5068.44 yuan/ton, straight hair coil); 3.0mm*1250*C SPHC hot rolled coil is listed at 4372 yuan/ton (including tax 5115.24 yuan / ton).

2. Meishan: The base price is lowered by 300 yuan/ton.

Third, pickling (Baoshan, Dongshan, Meishan)

1. Baoshan: The base price remains unchanged. The list price of 3.0mm*1500*C SPHC hot-rolled pickled coils is 4957 yuan/ton (including tax 5794.69 yuan/ton).

2. Dongshan and Meishan: Generally lowered by 150 yuan/ton, and the prices of general carbon and home appliance steel are further lowered by 150 yuan/ton.

Fourth, Pulao (Baoshan, Dongshan, Meishan)

The CQ grade and non-automotive steel grades will be lowered by RMB 300/ton, and the rest will be reduced by RMB 120/ton. The list price of 1.0mm*1250*C SPCC CRC is RMB 4696/ton (including tax 5494.32 yuan/ton).

Fifth, hot-dip galvanized (Baoshan, Dongshan, Meishan)

1, Baoshan, Dongshan: CQ grade mild steel, S series structural steel, BJD series, hot-rolled pickled galvanized products down 300 yuan / ton, the other down 120 yuan / ton. The list price of 1.0mm*1250*C DC51D+Z galvanized coil is 5,507 yuan/ton (including tax, 6443.19 yuan/ton).

2. Meishan: The base price is lowered by 300 yuan/ton.

Six, electro-galvanized

Grade CQ mild steel was down 200 yuan/ton, and other downgrade was 120 yuan/ton. The current list price of 1.0mm*1250*C SECC electro-galvanized zinc is 5807 yuan/ton (including tax 6794.19 yuan/ton).

Seven, aluminum zinc (Baoshan, Meishan)

The base price is lowered by 200 yuan/ton. The listed price of 1.0mm*1250*C DC51D+AZ galvanized zinc coil is 5,617 yuan/ton (including taxes, 6571.89 yuan/ton).

Eight, color coating (May-June)

From May to June, the price will be reduced by 150 yuan/ton on the basis of the price in March and March.

Nine, non-oriented electrical steel

The base price is lowered by 300 yuan/ton.

Ten, orientation to electrical steel

stay the same.

XI. The above price adjustment notification will be effective as of the date of publication.

XII. The interpretation of this price adjustment notice belongs to the marketing center of Baoshan Iron & Steel Co., Ltd.

Baoshan Iron and Steel Co., Ltd. Marketing Center

April 10, 2017

Wu Gang

On April 11, Wuhan Iron & Steel issued a price adjustment policy for its products in May 2017

On April 11th, Wuhan Iron & Steel issued the product price policy for May 2017, which is as follows:

First, hot rolling:

Lowered by 300 yuan/ton. The current price of 5.75mm*1500*C Q235 hot-rolled coil is RMB 3980/ton, (tax included: RMB 4656.6/ton).

Second, the E-wide thick plate:

Lowered by 100 yuan/ton. The current implementation price of 20mm*2000 Q235 plate is 4,290 yuan/ton, (tax included: 5019.3 yuan/ton).

Third, cold rolling:

Excellent carbon and deep-strength high-strength steel were down 120 yuan/ton, and other varieties down 300 yuan/ton. The implementation price of 1.0mm*1250*C Q195 cold rolled coil is RMB 4,970/t (tax included: RMB 5814.9/t).

Fourth, hot-dip galvanizing:

The DX51 series, DX52 series, DX53 series, and structural series were lowered by 300 yuan/ton, while other varieties were lowered by 120 yuan/ton. The implementation price of 1.0mm*1000*C DX51D+Z hot-dip galvanized sheet is 6810 yuan/ton, (tax included: 7967.7 yuan/ton).

Fifth, electroplating zinc:

The CQ level is lowered by 300 yuan/ton, and other varieties are lowered by 120 yuan/ton.

Six, pickling steel:

Lowered by 300 yuan/ton.

Seven, wire:

Lowered by 100 yuan/ton. The execution price of Φ6.5mm 45# is now 4020 yuan/ton (tax included: 4703.4 yuan/ton).

Eight, non-oriented silicon steel:

Lowered by 300 yuan/ton. The current implementation price of 0.5mm*1200*C 50WW600 electrical steel is RMB 6,680/ton (tax included: RMB 7815.6/ton).

Nine, oriented silicon steel:

constant.

Ten, profiles:

constant.

Eleven, color coating:

Down 200 yuan / ton. The execution price of 0.45mm*1000*C TDC51D+Z color plate is RMB 7020/ton (tax included: RMB 8213.4/ton).

The above adjustments are all tax-exempt prices. The execution date starts on April 11, 2017.

Zhongtian Iron and Steel

April 11 Zhongtian Iron and Steel Products Price Adjustment Information

On April 11th, Zhongtian Steel adjusted the ex-factory prices of certain products as follows:

1. The high price is lowered by RMB 70/ton, and the execution price of the Φ8mm HPB300 high line is RMB 3810/ton.

2. The rebar is reduced by 50 yuan/ton, and the execution price of Φ16-25mm HRB400 rebar is 3,600 yuan/ton, the increase in Φ10mm specification is 160 yuan/ton, the increase in Φ12mm is 120 yuan/ton, and the increase in Φ14mm is 30 yuan/ton, Φ28-32mm Specifications increase 50 yuan / ton, Φ36mm and above specifications increase 250 yuan / ton, seismic steel bar increase 30 yuan / ton. The ex-factory price of Φ16-25mmHRB500 rebar was increased by RMB 150/t on the basis of HRB400 rebar.

3, disk coil down 70 yuan / ton, is now Φ8mm HRB400 disk screw implementation price of 3810 yuan / ton.

4. Hot-rolled strip is lowered by 150 yuan/ton, and the current 2.5mm*235 Q235 hot-rolled strip execution price is 3,400 yuan/ton.

The above adjustments are all tax-inclusive prices. The implementation date starts on April 11, 2017.

Jiugang Hexi Company

April 13 Jiuquan Hexi Steel Co., Ltd. partial steel product price adjustment information

On April 13th, Jiuquan Hexi Company adjusted the ex-factory prices of certain steel products. The specific adjustments are as follows:

1, the high line down 50 yuan / ton, is now Φ6.5-10mm HPB300 high line execution price of 3720 yuan / ton;

2, rebar to maintain the previous base price does not adjust, now Φ12-14mm HRB400E implementation price is 3810 yuan / ton, Φ16mm HRB400E implementation price is 3610 yuan / ton, Φ18-25mm HRB400E implementation price is 3610 yuan / ton, Φ28-32mm HRB400E implementation The price is 3730 yuan/ton;

3, disk screw down 50 yuan / ton, is now Φ8-10mm HRB400 disk screw execution price of 3860 yuan / ton;

4, Puyuan maintain the previous base price is not adjusted, the current Φ12-14mm HPB300 implementation price of 3810 yuan / ton, Φ16mm HPB300 implementation price of 3560 yuan / ton;

5. The plate price of the plate is not adjusted during the previous period. The execution price of the 20mm*2000*8000 Q235 plate is 3,800 yuan/ton.

The above adjustments are all tax-inclusive prices. The execution date starts on April 13, 2017.

Ma Gang

April 14 Magang Construction Steel Price Adjustment Information

On April 14, Maanshan Iron and Steel Company adjusted the ex-factory prices of certain products, and the specific adjustments were as follows:

1. Hefei and Ma'anshan districts have lowered the high-line price by 50 yuan/ton. The Hefei area's Φ8mm HPB300 high-line execution price is 3,550 yuan/ton, and the Ma’anshan area Φ8mm HPB300 high-line implementation price is 3520 yuan/ton.

2. In Hefei and Ma'anshan, the rebar is reduced by RMB 50/t. The execution price of Φ20mm HRB400 rebar in Hefei area is RMB 3,550/t, and that of Φ20mm HRB 400 rebar in Maanshan area is RMB 3,520/t.

3. In Hefei and Ma'anshan, the plate snails are all reduced by 50 yuan/ton, the implementation price of Φ8mm HRB400 plate screw in Hefei area is 3620 yuan/ton, and the implementation price of Φ8mm HRB400 plate screw in Maanshan area is 3590 yuan/ton.

The above adjustments are all tax-inclusive prices. The implementation date starts on April 14, 2017.

Fangda Special Steel

April 13 Fangda Special Steel Construction Steel Price Adjustment Information

On April 13, Fangda Special Steel adjusted the ex-factory prices of certain products, and the specific adjustments were as follows:

1, disk coil down 10 yuan / ton, the current Φ6mm HRB400 implementation price of 3750 yuan / ton, Φ8-10mm HRB400 implementation price of 3570 yuan / ton;

2. The rebar is adjusted downward by 10 yuan/ton. The current price of Φ12mm HRB400 is 3490 yuan/ton, the execution price of Φ14mm HRB400 is 3450 yuan/ton, the execution price of Φ16-22mm HRB400 is 3370 yuan/ton, and the execution price of Φ25mm HRB400 is 3390yuan. / Ton, Φ28mm HRB400 implementation price of 3470 yuan / ton;

3, high line down 10 yuan / ton, is now Φ6.5-10mm HPB300 high line execution price of 3490 yuan / ton.

The above adjustments are all tax-inclusive prices. The implementation date starts on April 13, 2017.

Shougang Changgang

April 13 Shougang Changzhi Steel Construction Steel Products Price Adjustment Information

On April 13, Shougang Changgang adjusted the ex-factory prices of certain products, as follows:

1, disk coil down 100 yuan / ton, the current Φ6mm HRB400 implementation price of 3990 yuan / ton, Φ8-10mm HRB400 implementation price of 3890 yuan / ton;

2. The rebar is adjusted downward by RMB 100/ton, and the current execution price of Φ18-22mm HRB400E is RMB 3800/ton, and the execution price of Φ25mm HRB400E is RMB 3830/ton;

3, high line down 100 yuan / ton, is now Φ6.5-10mm HPB300 high line execution price of 3840 yuan / ton.

The above adjustments are all tax-inclusive prices. The implementation date starts on April 13, 2017.

From the point of view of the intensity of the price cuts of the current round of steel mills, it is obviously lower than the decline in the spot market in the previous period, and it is difficult to promote the downstream purchase desires, especially the cost of the intermediaries is seriously reversed. At the same time, taking into account the profitability of steel mills, it is difficult to voluntarily reduce production, the pressure of supply and demand in the later period may continue to increase, and the rate of destocking of steel stocks remains slow. In addition, the period is now upside down, capital is tight, the market is pessimistic atmosphere, short-term steel prices or continue the pattern of weakness.