And major steel mills such as Nippon Steel, ArcelorMittal and Pohang are looking for suitable mines around the world.Thread 1010 positions report shows that the top 20 short positions increased by 30,373 hands to 256,959 hands. Although the annual contract price negotiations for iron ore are still ongoing, the sharp rise in prices of coking coal and iron ore raw materials in 2010 seems to be a foregone conclusion, and global steel mills will face pressure from increasing costs.
World coking coal exporter BHP Billiton-Mitsubishi Alliance recently agreed with Japan's Nippon Steel and JFE that coking coal prices rose 55% in the first quarter of this fiscal year. It is recommended to continue to pay attention to the breakthrough of the 60-day moving average of the thread 1010: if the thread 1010 effectively breaks the 60-day moving average, you can go long in moderation, otherwise you should take profit before leaving the market.
The main reason is that the short-term rise in steel prices is weak, and the long-term steel prices are bullish: on the one hand, demand is difficult to start quickly in the short term, and new high inventory has suppressed the rise in spot prices; on the other hand, iron ore, coke, etc. Technically,
the thread 1010 is facing greater pressure at the 60-day moving average, and finally closed below the 60-day moving average. Expectations of rising raw material prices are strong, coupled with promising long-term demand, which plays a strong supporting role in the rise of long-term aluminum clad copper tube manufacturers steel prices. From the perspective of the disk, Shanghai Steel is currently in a near-weak-far-strong pattern.. On the news, the world's largest steel mills are stepping up their acquisition and new development of coal and iron ore resources. Among them, the short position of Sinosteel futures with a spot background increased by 7,247 to 41,531, and the short position of Shagang increased by 1,838 to 22,294, which will bring some confidence to shorts
06% month-on-month. The Chinese steel market has never had the habit of stabilizing. For TA1105, near the end of the year, pay attention to controlling positions in the previous period, or set a stop loss at 10100 points; pay attention to risk prevention and capital management. MySteel's national inventory of 26 cities 'long products and 23 cities' plate stocks totaled 13. Our conversion of Rio Tinto Hamersley fine ore (calculated based on 62%)
The car plate price (including tax and insurance port miscellaneous charges, etc. The main reason that led to this gradual change in the market trend was the arrival of a period of high consumption and low growth, which caused a relatively stable trend in the market supply-demand balance relationship.
Factors come from firm costs, tight supply and demand after the Spring Festival next year, and inflation expectations. In general, in the face of domestic tightening expectations and low demand seasons, the copper belt market is likely to continue its high mood. 66% of Qian'an dry base prices are around 1400 yuan / ton; overall trend of the imported ore market It remained stable, and the quotation of mines in the outer disk market rose slightly, but copper foil tape manufacturers there were fewer transactions..37% since October, and the total steel stocks decreased by 0.
The narrow fluctuations in the weak consolidation are the practical form of the price trend of the copper belt. Mine and traders are mostly bullish and wait and see. PTA is still under pressure in the short term, but the U. The domestic iron powder market is stable. economy continues to recover at a low speed, and quantitative easing in the United States is continuing.S.2%, respectively; plate stocks as a whole fell slightly. Due to the impact of power restrictions in some areas, the overall resources are more tight.05 million tons, which was the first week-on-month increase of 1.
'If Chinese steel mills calculate that it is more cost-effective to use Platts' index, then they may not accept BHP Billiton's index, and correspondingly buying BHP Billiton's goods may be less.' The insider said. Of course, this situation should be unwilling to see the three major mines. 'Whether it is BHP Billiton or North Mining to establish a trading platform, I personally think it is a play. Because now it is the seller's market, the price is what the others have to say.' The person in charge of the above-mentioned steel mill said. The loss of 25 companies was 2.125 billion yuan. Even Baosteel and Baotou Steel, whose profits are at the forefront, have profit margins of only 352 million yuan and 322 million yuan, respectively, which have shrunk significantly.
Domestic steel companies suffered heavy losses. The life of steel mills is not good, and the lives of traders are much better. Generally speaking, traders who prepare for winter storage usually make payments to steel mills at a certain rate, and after the spring sales are completed, they are then settled at the prevailing market price, or copper belt mills have formulated winter storage policies and merchant locks that are lower than the current market price. Price, merchants bear their own risks.
The World Trade Organization decided on May 28, 2002 that it agreed to convene a special meeting of the dispute settlement body on June 7 to discuss the request made by the Chinese permanent mission to the WTO to appoint an expert group to resolve the steel trade dispute with the United States. It is reported that this is the first case request submitted to the WTO dispute settlement agency since China's accession to the WTO. After nearly ten years of development of e-commerce platforms,
Chinese SMEs have realized flexible copper strip e-commerce has become a very effective way in business operations.China's domestic crude steel output in 2011 was 68. According to statistics, as of the end of 2011, domestic plated plate production capacity has increased to about 62 million tons from 19. Tin can improve the strength of brass and the corrosion resistance to seawater, so it is called naval brass, which is used as marine thermal equipment and propeller.327 million tons, a year-on-year increase of 8. Brass castings are commonly used to make valves and pipe fittings. The seamless copper tube drawn from brass is soft and wear-resistant. Such as copper alloys composed of lead, tin, manganese, nickel, iron, silicon. It is suitable for use as condensing pipes and other corrosion-resistant parts of ships.