The price of construction steel in major national markets rose steadily

The total inventory of steel in sample warehouses in 35 major markets across the country was 8.389 million tons, an increase of 538,200 tons from last week, an increase of 6.90%. This is the third consecutive week of increase in the total inventory of steel in the sample warehouses in the country, and the growth rate has accelerated significantly. The main reason is that the overall decline in demand and the intensified contradiction between supply and demand have led to accelerated accumulation.

Among the major steel products, rebar inventory was 3.5836 million tons, an increase of 413,100 tons from the previous period, an increase of 13.03%; the total inventory of wire coils was 1.0553 million tons, an increase of 65,900 tons from the previous period, an increase of 6.66%; hot rolling The inventory of coils is 170.18 million tons, an increase of 52,800 tons from the previous period, an increase of 3.20%; the inventory of cold-rolled coils is 1.0337 million tons, a decrease of 59,900 tons from the previous period, an increase of 0.57%; the inventory of medium and heavy plates is 964,500, an increase of 0.05 million tons from the previous period, an increase of 0.05%.

According to historical data, compared with the same period of the previous year (848.600 million tons on January 4, 2019), the current total inventory has decreased by 147,100 tons, a decrease of 1.73%, and the year-on-year difference has been small. In terms of varieties, the stocks of the five major varieties in this period increased.

In the sample warehouses of major markets across the country, the stock of construction steel in all regions increased, of which Northeast, Northwest, and Central China had limited growth; North China, East China, Southwest, and South China accelerated. From the perspective of changes in inventory alone, it is difficult for prices to rise voluntarily.

East China regional prices are mixed. As of Friday, the markets of Anhui, Jiangsu, and Fujian fell month-on-month, with a decline of between 20-50 yuan, and the other markets rose month-on-month, with an increase of 20-40 yuan / ton. Taking high-quality products in various places as a reference, the prevailing price range of rebar in the East China market is 3,620-3,900 yuan / ton, and the fluctuation range is 20-50 yuan / ton. Among them, the Fujian market has the highest price, the Shandong market has the lowest price, and other regional differences is not big.