Domestic steel prices have been rising for two consecutive weeks in June

Among them, in addition to rising steel prices, major enterprises have also adopted different “throttling” and “” measures in the face of the cold industry, such as Shagang, Wuhan Iron and Steel, Daye Iron and Steel, etc. "Strip steel" is of great significance.

After the reorganization, the benefits of these products will increase the bargaining power of upstream iron ore.

There are four main disadvantages: First, the potential growth rate of China's economy is declining, which will directly affect the downstream demand of steel ; Second, in recent years, China's smog phenomenon is more serious. In view of the requirements of atmospheric pollution, steel, cement, glass The development of other industries will be obviously affected; the third is a serious overcapacity, and the transformation is imminent; the fourth is to change the functions, and the "stop construction of buildings and halls" has also demanded steel products.

In the third quarter, Pohang Steel ’s crude steel output was 9.8 million tons. As of now, the internal structure of the Pohang Group has been carried out for more than a year, the production cost is significant, the steel price is rising, and the equipment is at the high end of the value chain and the core link of the industrial chain. High value and large room for growth are also important directions for the company's next transformation and upgrading. The second is that when the company's inventory is hedged, it is necessary to choose a good time to enter the market.

Through the active work of both parties, certain results have been achieved. However, due to large market changes, uncontrollable incoming transportation, and consumption, it is difficult to unify many factors. However, there are also downward pressures on the economy, early release of demand, steel Unfavorable factors such as the accelerated resumption of production of the plant have caused some uncertainty in the trend of steel prices in the fourth quarter. Last year, domestic steel demand was only about 700 million tons, while the corresponding production capacity was as high as 1.2 billion tons; the coal industry is no exception. , Production capacity has always been high.

In addition, institutional innovation is also needed. For example, in the process of capacity reduction, it is necessary to emphasize the treatment of the early stages of the market, such as "zombie enterprises", and follow the principled and legal treatment. China's urban buildings are mainly steel-concrete structures. The steel used is 300 MPa, and the actual amount of 335 MPa used in actual use is about 70%. At the meeting, the representatives of the project construction, design, construction and supervision units reported the red mud recovery iron project and the total distribution 35kV distribution transformation project. , The construction of red mud iron production line transformation project, qualified bauxite transportation transformation project, metal gallium recovery project, thermal power plant second and third phase boiler denitrification transformation project and furnace waste heat recovery and utilization project construction, domestic steel volume and price have risen, domestic steel Prices have been rising for two consecutive weeks in November.