Beijing OCEPO Beijing OCEPO

2022 Olympic Winter Games in Beijing:

strong technical force
Home > News

The steel spot market on December 20

Dec 21, 2021

Construction steel: on December 20, the average price of 20mm grade III seismic deformed steel bars in 31 major cities in China was 4877 yuan / ton, an increase of 14 yuan / ton compared with the previous trading day. In the short term, on the one hand, last week's macroeconomic data showed weak and stable performance, real estate indicators improved month on month, and pessimistic expectations to a certain extent were repaired; On the other hand, affected by the emergency control of air pollution in the north, the output of building materials is still at a low level, supporting the price to a certain extent. However, due to the recent cold weather and the weakening of demand month on month, the fundamentals are under pressure.


Hot rolled coil: on December 20, the average price of 4.75mm hot rolled coil in 24 major cities in China was 4881 yuan / ton, up 22 yuan / ton compared with the previous trading day. Recently, the output of hot coil has narrowed, especially affected by the production restriction policy in the northern region. Today, the transaction situation in various markets across the country is general, the market demand is insufficient in the later stage, the future hot coil price is not enough to support, and the weakness of both supply and demand has not been improved.


Cold rolled coil: on December 20, the average price of 1.0mm cold coil in 24 major cities in China was 5520 yuan / ton, up 22 yuan / ton compared with the previous trading day. Today, the futures fluctuated and fell, the market pessimism has not improved, the support of the spot market is weak, and the overall transaction is still not ideal. In the early stage, the high price resources were basically sold out, the steel plant resources arrived one after another, and most businesses mainly shipped, which is still pessimistic about the current market. In the downstream, it purchases more on demand and has a poor willingness to prepare goods.


Medium and heavy plate: on December 20, the average price of 20mm ordinary plate in 24 major cities in China was 5154 yuan / ton, an increase of 6 yuan / ton compared with the previous trading day. Today, with the strong disk in the morning, some regions tentatively rose, and the overall transaction in the morning was OK. With the decline of the disk in the afternoon, the spot mood turned worse rapidly. Although the quotation was not adjusted, the actual transaction was close to stagnation. In terms of inventory, due to the imbalance of price difference between the north and the south, the outward delivery volume in the North has decreased recently, and there are few goods in each region.

Previous: Six trends of global construction industry in 2022

Next: Komatsu agents in Africa cover all parts of Africa

Rogers

Rogers Zhang