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Home > Sellinglist - Reasons for the Steady and Continuous Rise of China's Steel Price in the Recent Period

Reasons for the Steady and Continuous Rise of China's Steel Price in the Recent Period steel plate

First, under the strict control of environmental protection, Tangshan Steel Enterprise's production restriction is affected. The environmental protection situation in Tangshan and its surrounding areas has become stricter. Relevant departments have strengthened control over air pollution and production limitation in autumn and winter.

From October 1, 2018 to March 12, 2019, Tangshan has completed the production limit of 15.243 million tons steel materials, which is 279.37 million tons away from the target of the production limit task.

At present, the overhaul of steel enterprises in Tangshan area has increased further. The overhaul of blast furnaces (including planned overhaul) in Tangshan area in the past week has involved 14 blast furnaces of 12 steel enterprises, with an additional overhaul capacity of 11,300 m, affecting the hot metal volume of 31,900 tons per day, the productivity utilization rate is 61.12%, which is 6.94% lower than last Thursday, and the average daily hot metal volume is 167,800 tons.

Second, Taiyuan extended yellow warning for heavy polluted weather again. In accordance with the requirements of joint prevention and control of Beijing, Tianjin, Hebei and surrounding areas, and the relevant provisions of Taiyuan Heavily Polluted Weather Emergency Plan, and with the approval of the Municipal Heavily Polluted Weather Emergency Command, the Municipal Meteorological and ecological environment departments decided to extend the yellow warning of heavily polluted weather again. From 0:00 on March 13 to 24:00 on March 18, the yellow warning of heavily polluted weather emergency plan (Grade III) was continued to be implemented.

Third, Excavator sales of 25 enterprises increased by 39.9% from January to February. According to the industry statistics of the Excavation Machinery Branch of China Engineering Machinery Industry Association, 25 main machine manufacturers were included in the statistics from January to February 2019. They sold 30501 excavation machinery products, an increase of 39.9% over the same period of last year. Domestic market sales (excluding Hong Kong, Macao and Taiwan) were 27400 units, up 42.2% year-on-year. Export sales is 3073 units, up 21.8% year-on-year. In February 2019, 18 745 diggers were sold, up 68% year on year. Domestic sales is 17286 units, an increase of 78% year-on-year, total export is about 1459 units, an increase of 5% year-on-year.

From the sales of excavators, we can see that there is still a lot of demand for excavators in the market. At the same time, it also reflects from the side that the construction project is about to be opened substantially, the demand for steel materials is gradually released, and the steel market is optimistic.

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