The hottest Hebei Iron and steel group urges agent

2022-08-03
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Hebei Iron and steel group urged the agents to join hands to protect the price and stick to the position. Hebei Iron and steel group urged the agents to join hands to protect the price and stick to the position. Introduction to China Construction Machinery Information: they (Hebei Iron and steel high efficiency aluminum based new material innovation center ranked among the iron and steel groups in Henan manufacturing innovation center) gave a market guidance price at that time, which meant that the market would stick to it on this basis. On May 28, the senior management of a large domestic steel trading enterprise told that before the ex factory price in late May was introduced, Hebei Iron and steel group had asked all agents to join hands to protect the price and maintain the stability of the market

"they (Hebei Iron and Steel Group) gave a market guidance price at that time, which meant that the market would stick to it on this basis." On May 28, the senior management of a large domestic steel trading enterprise told that before the ex factory price in late May was introduced, Hebei Iron and steel group had asked all agents to jointly protect the price and maintain the stability of the market

under the background of the continuous decline of building materials and low-cost selling by dealers, Hebei Iron and Steel Group, a steel enterprise giant, can no longer sit still. It is learned that in order to maintain the stability of the steel market, Hebei Iron and Steel Group has required that the sales price of the agreed customers should not be lower than the specified price since the middle of May, and twice urged the agents not to reduce the price any more

in the view of some people in the industry, although the price protection policy of Hebei Iron and steel group can maintain the price stability in the Beijing Tianjin market in the short term, if the supply and demand of the steel market continues to deteriorate, it can not reverse the overall domestic decline by its own efforts

On May 28, it was learned from Hebei Iron and steel group that just recently, heads of its rod and wire company, Beijing Branch, Tianjin Branch, group marketing department and other units specially held a meeting on market price stability control in core regions, and launched a four-way attack to arrange large regional sales households to have a Discussion on gb/t 1237 ⑵ 000 fastener marking method. Through discussion, the core regional agreement users shall be clearly required in writing or by notice that the sales price shall not be lower than the listing price on the 17th

it is understood that the bottom line of steel price released by Hebei Iron and Steel Group is 4100 yuan/ton for grade II thread, 4150 yuan/ton for grade III thread, 4080 yuan/ton for high-speed wire and 4150 yuan/ton for spiral screw. "At that time, the steel plant said that if the large-scale quotation was reduced again, the settlement price at the end of the month would not be reduced; it also said that the price should be maintained at the quotation on the 17th day." Said a trader who participated in the above discussion

in fact, Hebei Iron and Steel Group is no less anxious than traders. "Due to the excessive release of crude steel production capacity in April and the weakening of demand, the prices of building materials in the Beijing Tianjin region have been falling all the way. The situation is grim." Hebei Iron and steel group said

according to dongjunhao, an analyst at steel house, this "price protection" is just to change the recent sharp decline in steel prices. According to the data provided by steel house, as of May 25, the average price of grade III deformed steel bars in 28 major cities in China had fallen to 4111 yuan/ton, a new low in the year. In the middle of April, the prices of grade II large thread steel and grade III large thread steel were 4300 yuan/ton and 4380 yuan/ton respectively. After a short slight rebound from late April to early May, they fell sharply. As of May 17, they fell by 200 yuan/ton and 230 yuan/ton respectively

coincidentally, after Hebei Iron and steel group required that the sales price of the agreed households should not be lower than the specified price, its subsequent construction steel price in late May was also adjusted based on the above minimum guide price

it is reported that in order to delay the downward trend of the market price, Hebei Iron and Steel Group has insured the price more than once. As early as october2008, in order to cope with the situation of "insufficient demand and falling prices", the group not only reduced production, but also set a minimum sales price limit, and said that if it was lower than the minimum sales price limit, the steel plant would no longer give any form of subsidies to dealers

how can a lone hero overcome the decline

according to the introduction of Hebei Iron and Steel Group, in the Beijing Tianjin region, through the joint price protection of Hebei Iron and Steel Group and its customers, the steel price has shown signs of maintaining stability. From May 18 to 23, the price has been stable for six consecutive days

this effect was also confirmed by insiders on the same day. "Although there were still low-cost shipments a few days ago, the price of building materials in the Beijing market has indeed basically stabilized recently, which has something to do with this' price protection '." Xiben Shinkansen senior analyst qiuyuecheng said

it is noteworthy that under the background of the general downturn in spot transactions, the pricing protection policy of Hebei Iron and Steel Group has more affected the northern market. "The steel market is too wide. Although Hebei steel works is large, the national market has not been greatly affected." On the 28th, huanghuiwen, an analyst of Shanghai medium term futures, told that the steel price is highly market-oriented, and whether the overall price can be maintained still depends on the overall supply-demand relationship of the market

it is understood that compared with the high concentration of the Beijing Tianjin building materials market, the supply of goods in other markets, especially in the southern market, is relatively diversified, so it is difficult for steel mills to maintain prices uniformly, and it is even more difficult to boost the market

some people in the industry also pointed out that "this price is not worth referring to, because Hebei Iron and Steel Group will issue the settlement price in may these two days"

in addition, some traders who have been fed up with the impact of the current serious upside down of steel prices have different views on the above insurance. "From my point of view, the group means that I will draw a bottom line. If you look at the sales, my settlement price will certainly be on this line. If you lose money, don't blame me." An unnamed trader told me

it is understood that Hebei Iron and Steel Group has a model for the introduction of thread screw prices. Generally, in addition to the introduction of ten day prices, the settlement prices of the current month will be introduced at the end of the month. "This month, the steel plant will offer a guide price in the first, middle and last ten days of the month, but this will have little impact. It will ultimately depend on the settlement price at the end of the month (the settlement price is basically based on the average price quoted by major players in the Beijing market)." Dongjunhao said

it is reported that if the steel price does not fall further, most dealers can accept this price limit, but the market is likely to deny this countermeasure. "Now that the steel plant is insured, it means that the real low point has not yet come." The aforementioned unnamed trader said

on the same day, it was learned from Lange Iron & steel that among the market investigators of the new issue of "research and judgment on the rise and fall of steel prices", 62.8% believed that the price of domestic deformed steel bar fell this week (May 28 to June 1), and 10.7% and 26.5% believed that the price of domestic deformed steel bar rose and leveled off respectively; 63.4% believed that the domestic hot-rolled coil price fell this week, and 8.8% and 27.8% believed that the price rose and leveled off respectively

on the same day, Gao Jing, an analyst at daotong futures, said that the rebound in steel prices was not only due to the price protection of Hebei Iron and steel, but also the short-term effect of human intervention. If the overcapacity in the steel industry is not solved, how good is the structure of Jinan testing machine factory? If we do not adjust, we will still fall into a vicious circle of falling production and losing money

qiuyuecheng, senior researcher of Xiben Shinkansen, also believes that the current national average steel price has reached a new low since July 2010, and the short-term domestic steel price is still facing further downward pressure. "After the domestic steel enterprises struggled to turn losses into profits in March and April, it is likely that they will turn into the loss situation of the whole industry in May."

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