Zhuhai Yue Yufeng, from January 29, Zhuhai Yue Yufeng: part fell 10 yuan. ◆ 3280 steel bar pelletizing, 3230 steel bar briquetting, 3230 concentrate scrap, 3120 industrial heavy scrap, 3120 shipbreaking scrap ● 13% tax included factory price
Guangxi Wuzhou Yima, from January 29, Guangxi Wuzhou Yima: down 20 yuan. ◆ Steel bar punching, steel bar head 2870, new steel sheet 2870, die steel 2870, steel bar briquetting 2860, steelmaking bread iron (first grade) 2810 ◆ hot-rolled punch, cold-rolled punch, automobile punch 2860, silicon steel sheet 2860 ◆ TV shell, machine pig iron 2810, automobile wheel hub 2810, old flange, automobile girder 2810 ◆ automobile front and rear axle 2790, thermal, Cold rolled punching sheet 2810 ◆ air cut material (8 mm or more) 2790, air cut material (6-8 mm) 2770 ◆ shear material (4-5 mm) 2710, shear material (2-3 mm) 2620, shear material (1-2 mm) 2560 ● excluding tax
Hebei Shijiazhuang Jingye scrap, wool scrap: steel dumplings 2812, medium-sized Class 1 A2832, medium-sized Class 2 A2815, heavy-duty Class 3 A2841, heavy-duty Class 4 A2848, secondary shear material 2703 ● excluding tax
Hebei Tangshan Donghua (Xinjing, a level 15 thick: 3050, a second level 3040, a third level 10 thick 3030, a fourth level 8 thick 3010 ◆ five levels 6 thick 2990, six levels 4 thick 2930, 6mm mixture above 2930, steel head 3030 ◆ qualified bread iron 2910, large wheel hub 3000, front and rear axle 2910, qualified pig iron 2910, ◆ steel briquetting 3030, flower iron briquetting 3030 Tangshan Xinjing: up 20 yuan. ◆ Level 15 thick: 3070, Level 2 10 thick 3060, Level 3 10 thick 3060, Level 4 8 thick 3030 ◆ Level 5 6 thick 3010, Level 6 4 thick 2950, 6mm or more mixture 2950, rebar head 3050 ◆ Qualified bread iron 2930, large wheel hub 3020, front and rear axle 2930, qualified pig iron 2930 ◆ Steel briquetting 3050, flower iron briquetting 3050
Henan Jiyuan Iron & Steel, special first-class scrap 16 thick or more 3120 yuan ◆ special secondary scrap 12 thick or more 3090 yuan ◆ heavy first-class scrap 10 thick or more 3070 yuan ◆ heavy-duty second-class 8 thick or more 3050 yuan ◆ heavy-duty third-grade 6 thick or more 3030 yuan ◆ medium-sized 3 thick or more 2960 yuan ● including 13% VAT acceptance
Hebei Tangshan Yangang, high quality 3110, heavy A3070, heavy B2970, medium A3030, medium B2930 ◆ high-quality cast iron 2950, ordinary cast iron 2750, large shear 3050 ◆ charge one 2920, charge two 2900, charge three 2850 ◆ first-level shear material 2870, second-level shear material 2800, third-level shear material 2370 ● excluding tax
Hubei Zhongxing Tuo Jinshenglan, steel bar pelletizing 2900 ◆ pure steel head 2840, all color scraps (new steel sheets) 2900 ◆ train accessories, train wheels, track steel (within 1 meter) 2900 ◆ forging materials, horseshoes, red punch 2900, fine scrap 2900, 15mm heavy waste 2900 ● bread iron stop collection ◆ pickling board 2850 ◆ heavy waste one 2870 ◆ cold rolled, hot rolled 08 aluminum briquetting 2850 ◆ new steel sheet briquetting (leftovers), Steel bar briquetting 2850 ● Galvanized briquetting stop collecting ● Tax not included
Guangdong Qingyuan Shengli, mold 2810, scrap material 2790 ◆ steel head 2790, segmentation weight 2720-2790 ◆ pig iron hard steel 2620-2760, heavy waste 2620-2740 ◆ punching (industrial material) 2650-2730, all car punch 2720-2770 ◆ tinplate 2460-2560, medium shear 2620, small shear 2460-2560 ◆ shear press 2260-2360, chaotic steel bar 2670-2720 ● 2 cents material stop collecting ● excluding tax
January 29 Scrap Headlines Morning Post:
Zhuhai Yue Yufeng, from January 29, Zhuhai Yue Yufeng: part fell 10 yuan. ◆ 3280 steel bar pelletizing, 3230 steel bar briquetting, 3230 concentrate scrap, 3120 industrial heavy scrap, 3120 shipbreaking scrap ● 13% tax included factory price
Guangxi Wuzhou Yima, from January 29, Guangxi Wuzhou Yima: down 20 yuan. ◆ Steel bar punching, steel bar head 2870, new steel sheet 2870, die steel 2870, steel bar briquetting 2860, steelmaking bread iron (first grade) 2810 ◆ hot-rolled punch, cold-rolled punch, automobile punch 2860, silicon steel sheet 2860 ◆ TV shell, machine pig iron 2810, automobile wheel hub 2810, old flange, automobile girder 2810 ◆ automobile front and rear axle 2790, thermal, Cold rolled punching sheet 2810 ◆ air cut material (8 mm or more) 2790, air cut material (6-8 mm) 2770 ◆ shear material (4-5 mm) 2710, shear material (2-3 mm) 2620, shear material (1-2 mm) 2560 ● excluding tax
Hebei Shijiazhuang Jingye scrap, wool scrap: steel dumplings 2812, medium-sized Class 1 A2832, medium-sized Class 2 A2815, heavy-duty Class 3 A2841, heavy-duty Class 4 A2848, secondary shear material 2703 ● excluding tax
Hebei Tangshan Donghua (Xinjing, a level 15 thick: 3050, a second level 3040, a third level 10 thick 3030, a fourth level 8 thick 3010 ◆ five levels 6 thick 2990, six levels 4 thick 2930, 6mm mixture above 2930, steel head 3030 ◆ qualified bread iron 2910, large wheel hub 3000, front and rear axle 2910, qualified pig iron 2910, ◆ steel briquetting 3030, flower iron briquetting 3030 Tangshan Xinjing: up 20 yuan. ◆ Level 15 thick: 3070, Level 2 10 thick 3060, Level 3 10 thick 3060, Level 4 8 thick 3030 ◆ Level 5 6 thick 3010, Level 6 4 thick 2950, 6mm or more mixture 2950, rebar head 3050 ◆ Qualified bread iron 2930, large wheel hub 3020, front and rear axle 2930, qualified pig iron 2930 ◆ Steel briquetting 3050, flower iron briquetting 3050
Henan Jiyuan Iron & Steel, special first-class scrap 16 thick or more 3120 yuan ◆ special secondary scrap 12 thick or more 3090 yuan ◆ heavy first-class scrap 10 thick or more 3070 yuan ◆ heavy-duty second-class 8 thick or more 3050 yuan ◆ heavy-duty third-grade 6 thick or more 3030 yuan ◆ medium-sized 3 thick or more 2960 yuan ● including 13% VAT acceptance
Hebei Tangshan Yangang, high quality 3110, heavy A3070, heavy B2970, medium A3030, medium B2930 ◆ high-quality cast iron 2950, ordinary cast iron 2750, large shear 3050 ◆ charge one 2920, charge two 2900, charge three 2850 ◆ first-level shear material 2870, second-level shear material 2800, third-level shear material 2370 ● excluding tax
Hubei Zhongxing Tuo Jinshenglan, steel bar pelletizing 2900 ◆ pure steel head 2840, all color scraps (new steel sheets) 2900 ◆ train accessories, train wheels, track steel (within 1 meter) 2900 ◆ forging materials, horseshoes, red punch 2900, fine scrap 2900, 15mm heavy waste 2900 ● bread iron stop collection ◆ pickling board 2850 ◆ heavy waste one 2870 ◆ cold rolled, hot rolled 08 aluminum briquetting 2850 ◆ new steel sheet briquetting (leftovers), Steel bar briquetting 2850 ● Galvanized briquetting stop collecting ● Tax not included
Guangdong Qingyuan Shengli, mold 2810, scrap material 2790 ◆ steel head 2790, segmentation weight 2720-2790 ◆ pig iron hard steel 2620-2760, heavy waste 2620-2740 ◆ punching (industrial material) 2650-2730, all car punch 2720-2770 ◆ tinplate 2460-2560, medium shear 2620, small shear 2460-2560 ◆ shear press 2260-2360, chaotic steel bar 2670-2720 ● 2 cents material stop collecting ● excluding tax
January 29 Scrap Headlines Morning Post:
1. Scrap steel was boosted by macro news, the billet was raised, and the market mentality improved, but the year is approaching, some steel companies have stopped production and harvest, and the demand for scrap steel has weakened
2. Today's scrap steel is running steadily, the price of snails has risen sharply, the billet has been raised, boosting market confidence, and some steel companies have followed the rise, but as the Spring Festival is approaching, the scrap market is becoming more and more deserted, the transaction is general, and the arrival of steel mills will also be reduced.
3. Yesterday, the central bank announced a RRR cut, which will reduce the deposit reserve ratio of financial institutions by 0.5 percentage points from February 5, 2024. In the spot market, the transaction is low, and as the Spring Festival is approaching, the outdoor rush is gradually ending. The supply of Rui Lei Wen continued to reduce production before the holiday, the supply support was strong, and the macro stimulus was superimposed, and the future price may continue to be strong.
4. Yesterday's finished steel prices fluctuated. Yesterday, the central bank decided to cut the reserve requirement ratio by 50 basis points on February 5, and the central bank issued a document on the financing of the real estate market, and the macro favorable policies have boosted the sentiment of finished products. At present, there is not much contradiction in the fundamentals of domestic finished products. In terms of supply, the output of finished products decreased month-on-month, and the decline was more than expected, mainly due to the maintenance of steel mills. From the end of January, the electric furnace will enter the stage of seasonal shutdown and holiday, and the thread output will continue to decline at a low level in the future. In terms of demand, thread demand has entered the seasonal off-season. The terminal demand for hot coil will weaken before the Spring Festival. Finished timber terminals and traders replenish the inventory at a low level. In terms of inventory, the thread inventory has entered the accumulation stage, and the accumulation has slowed down. The inventory of hot coil rebounded month-on-month, but the inventory of hot coil was slow to accumulate. The central bank's RRR cut boosted the market sentiment of finished products, and the short-term prices of finished products fluctuated strongly.
5. Zhengzhou Coal and Power announced that according to the preliminary calculation of the financial department, it is expected that the net profit attributable to the owners of the parent company of Zhengzhou Coal and Power Co., Ltd. in 2023 will be 27 million yuan to 33 million yuan, a decrease of 41.02 million yuan to 35.02 million yuan compared with the same period last year, a year-on-year decrease of 60% to 51%. As for the main reasons for the expected decrease in performance in the current period, Zhengzhou Coal and Power announced that: (1) the impact of its main business. First, it is affected by market supply and demand; Second, during the reporting period, due to the impact of mine prevention and water treatment and safety production accidents, the company's Lugou Coal Mine and Xinzheng Coal Power were suspended. (2) The impact of non-recurring gains and losses. During the reporting period, the impact of non-recurring gains and losses on the company's net profit amounted to about 15 million yuan, mainly due to the receipt of government subsidies, asset disposal, and the payment of safety fines.
6. Coking coal is running steadily, some mines are on holiday in advance, the demand for replenishment supports the price of double coke, the steel mill is not tough on price reduction, and the low level of coke is maintained, and the upstream and downstream of coke have reached a weak balance, and it is expected that the price of coke will remain stable today.
7. The macro side is frequently good news, the market maintains strong expectations for the follow-up policy support, the cost end of iron ore rises in a narrow range, bifocal remains stable, and the billet price support is sufficient, and the steel mill just needs to purchase, and it is expected that the price of billet will rise steadily today
8. The factory is still in a loss, the procurement is cautious, the normal delivery before the holiday, the replenishment has not been completely over, the demand for iron ore is still supported, the increase in port inventory is reduced, the price of iron ore is relatively firm, there is no obvious contradiction in the fundamentals, and it is expected that the price of iron ore will fluctuate in the range today.
9, the macro side is good again, strong expectations to support the bottom steel price, perhaps more stimulus policies introduced, the industry side of the key statistics of steel enterprises crude steel daily output to maintain the increment, 21 cities 5 varieties of steel social inventory continued to increase, the short-term still go to the winter storage and macro expectation logic, coupled with the cost of iron ore narrow range of exploration, bifocal prices remained stable, steel prices at the bottom of the support is strong, there is still a certain upward momentum, is expected to rise steadily today.
10. The sentiment of black commodities continues to pick up, the contradiction between steel supply and demand is not prominent, and among the five major varieties of steel, only threads are continuously accumulated. Recently, the output of hot metal has rebounded slightly, and the willingness to reduce coke has been suspended. Considering that the Spring Festival is approaching, the steel mills have increased their raw material replenishment efforts, and the cost is strongly supported, and steel prices are expected to rise steadily today.