The current domestic steel market continues to run smoothly

At this stage, the focus of the market or inventory growth rate and range. After the centralized procurement before the Spring Festival, the market transaction will be significantly reduced especially for the structural steel pipe, whether the steel factory inventory or social inventory, will be significantly increased, will bring great pressure to the market operation. Consolidation stage after a decline in prices, steel mills will also take the initiative to stabilize production, under the outside influences such as environmental protection, parts of the steel production will drop down, construction steel parts, such as the extent of the decline in output will be bigger, although in theory there is a supply and demand relationship of relief, social inventory is still a rising trend, and the inventories rising trend will be more apparent. Domestic construction steel inventory continued to increase. Steel house website focuses on monitoring the domestic 40 major markets of wire inventory of 1.33 million tons, weekly increase of 82,200 tons, an increase of 6.61%. The inventory of rebar steel was 4.13 million tons, with a weekly increase of 370,000 tons or 9.87%. Among them, the inventory of steel tube China in Shanghai market is 49,000 tons, a decrease of 0.05 million tons.

Rebar stocks were 268,000 tons, a decrease of 3,000 tons.The inventory of wire in guangzhou market was 265,300 tons, an increase of 18,000 tons.Stocks of rebar steel increased by 40,800 tons to 712,100 tons.The stock of wire in Beijing market was 261.38 million tons, an increase of 0.23 million tons. Stocks of rebar steel increased by 20,300 tons to 235,242 tons.The inventory of hot and cold plate coil and medium and thick plate continued to increase. The inventory of mild steel tube in 40 major markets and ports in China was 2.3369 million tons, up 53,000 tons and up 2.32%.

Inventory of cold-rolled sheet coil reached 1.2784 million tons, up 21,500 tons and up 1.71%. Medium and thick plate inventory was 1,276,400 tons, an increase of 17,100 tons or 1.36%. Although the total inventory has not yet reached the degree of great pressure, the continuous rise of inventory of galvanized steel pipe will certainly have a negative effect on the market mentality, which is not conducive to the stability of the current market operation. From the point of view of variety structure, the price of rebar is relatively low. However, the price of 3,600 yuan/ton of rebar steel has recently been at a low level, the steel mill production structure adjustment will have a restraining effect.