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Monday night, thread 1705 rose 135, to close at 3596, or 3.9%. Recently, the Ministry of Industry and other 16 ministries and commissions jointly issued guidance to combat the “land of steel” to boost the market to the production capacity of the expected. Thread 1705 Following yesterday’s strong rise in the Japanese plate, Monday night continued to rise. Subsequent attention to the production capacity of the supply side of the impact of the short term can be done less.

Monday night, iron ore 1705 rose 32, to close at 690.5, or 4.86%. Iron ore prices have rebounded due to higher steel prices and high profits from steel mills. However, due to large domestic iron ore port inventory, to the production capacity policy led to the lack of downstream demand, follow-up ore prices have to wait and see, short-term days.

Cổ phiếu thép H13

phôi có sẵn, có thể gia công bề mặt thô hay bề mặt sáng cho khách nhé.
Φ 180 x 4500-
Φ 180 x 5800
Φ 170 x 5800
Φ 170 x 5750
Φ 170 x 5650
Φ 170 x 5520
Φ 150 x 5800
Φ 150 x 5560
Φ 120 x 4500
– Có siêu âm bề mặt (Test UT report ) trước khi xuất xưởng
– Có đầy đủ CO, CQ
Ngoài ra còn cung cấp hàng theo yêu cầu đơn đặt hàng của khách.
Whatsapp(wechat) 0086-13414322915(John Long)
Email: jack@otaisteel.com

Rio Tinto recently announced that its Gladstone’s Boyne smelter in Australia has reduced its aluminum production by 14% due to failure to reach a competitive power contract.

According to the Shanghai Colored Network March 6, Rio Tinto said it would lose a lot of work. “The Boyne smelter has been working to ensure a suitable power supply agreement,” Rio Tinto said in a statement. “Both sides have been negotiating friendly, but have not been able to reach an agreement.”

February 27 released “CCTD Qinhuangdao thermal coal prices” show that the reporting period CCTD5500 to close at 605 yuan / ton, the chain rose 3 yuan / ton, CCTD5000 to close at 535 yuan / ton, the chain rose 4 yuan / Ton, the port deposit 435.5 million tons, down 40,000 tons. At this point, the Bohai Sea market, the end of the transaction price of coal has ended since the beginning of November 2016 continued decline in the situation.

According to the China Coal Market Network on February 27 news, the real demand recovery and “panic” demand at the same time the superposition effect of the reporting period Qinhuangdao market momentum coal price rebound has played a positive role in promoting.

First, the “real” demand recovery gradually increased the thermal coal market activity. On the one hand, according to CCTD China Coal Market Network monitoring data, from the beginning of January this year, with the main shipping port coal stocks continue to reduce the level of the overall supply capacity in the port coal at the same time, the number of these ports to reduce the number of coal suppliers , On the other hand, after the Spring Festival, all types of consumer enterprises, the full recovery of the demand for thermal coal, some of which are not long-term power coal purchase and sale contracts (ie: “long association”), Contract) to ensure that the demand, had to seek market power coal resources, thereby enhancing the active degree of the purchase and sale of thermal coal. The difference between the supply of thermal coal and the increase in demand has boosted the recent upward trend in thermal coal prices in the Bohai Rim region.

Second, the “panic” demand boost the market price of coal prices rebound. According to CCTD China Coal Market Network analysis, in the recovery of real consumption of thermal coal demand at the same time, coal enterprises may resume 276 days working day system, “two sessions” on the eve of coal mine safety inspection efforts to increase the impact of coal production news, The recent Bohai Sea market, coal prices stabilized or rebounded, resulting in some “panic” demand quickly emerged, prompting the region to increase demand for thermal coal, the price rebound.

Qinhuangdao maritime coal market issued by the maritime coal freight index (OCFI) shows that February 24 compared with February 21, only three days the index “skyrocketed” at 195.7 points, or up to 27.2%; during the period, Qinhuangdao to Guangzhou route 5-6 million tons, Qinhuangdao to Shanghai route 4-5 million tons of the two main types of freight rates, respectively, up 7.2 yuan / ton and 9.5 yuan / ton, or 22.1% were up. Domestic offshore coal tariffs in the consumption of coal consumption in the off-season “skyrocketing” is undoubtedly a “panic” demand directly reflected.

Due to the “panic” demand for the thermal coal market to be digested and calm, and ship freight rose before the ship actually arrived in Hong Kong load time, is expected within a short period of time the Bohai Sea area of ​​thermal coal purchase and sales will remain relatively active, market power coal Prices are expected to remain up.

Source: China Securities Network

Which lasted 10 months, the Chinese steel industry suffered the first 337 investigation has all the preliminary termination.

February 23, the Chinese Ministry of Commerce website published a message, according to the withdrawal of the US steel company motion, the US International Trade Commission (ITC) administrative judge issued a preliminary ruling (Decree No. 56), the termination of China’s carbon steel and alloy steel 337 investigation Investigation of allegations of trade secrets. It is expected that ITC will make a final decision to terminate the investigation within 30 days. At this point, the United States for the Chinese steel 337 investigation ended.

Earlier local time on February 15, the US steel company issued a statement saying it is withdrawing against the Chinese hackers steal their high-tech steel key formula litigation. Although the US steel company also said it would continue to promote the Chinese manufacturers in violation of the provisions of the anti-monopoly, through a third country to send all kinds of steel products to avoid tariffs allegations, and retain the right to re-bring the Internet theft lawsuit, but the withdrawal of the proceedings Showing that it is currently frustrated.

For the 337 investigation, the Chinese Ministry of Commerce has filed the case the next day after the document said that the United States unprecedented for China’s iron and steel products launched 337 investigation, with a clear “trade protectionism” color, the Chinese side expressed strong opposition and strong dissatisfied. China’s Ministry of Commerce believes that the US side of the Chinese steel launched 337 investigation, its application and allegations “no factual basis.”

April 26, 2016, the US steel company to the US International Trade Commission to investigate applications for China’s exports to the United States carbon steel and alloy steel products filed 337 investigation. 1 month later, the US International Trade Commission announced the Baosteel, Wuhan Iron and Steel, Anshan Iron and Steel, Shougang, a total of 40 Chinese steel enterprises officially launched 337 investigation. 40 steel enterprises were accused of different, some three are involved, some involved.

It is noteworthy that, once the 337 investigation is established, China’s related steel products will face a permanent ban on the US situation. In addition, China’s steel enterprises once lost, China’s other steel products may also be faced with the possibility of being investigated, other countries outside the United States may also follow the example of the United States.

American Steel’s allegations at the time included three items: first, conspiracy to price, and manipulate production and export volume. Second, the occupation and illegal use of American steel company’s trade secrets. Third, the use of false origin and manufacturer logo. American Steel also claims that the above-mentioned behavior of Chinese steel companies has led to a rise in US steel companies’ serious losses and unemployment, which constitute damage or damage to US domestic industry.

However, it now appears that the US steel companies on the Chinese steel industry allegations have all come to nothing. With the termination of the investigation of allegations of trade secrets, the US International Trade Commission has now terminated all investigations into the three charges.

In November 2016, the US International Trade Commission administrative judge made a preliminary ruling that the US applicant failed to prove in accordance with the requirements of the US antitrust laws to bear the monopoly of the damage, nor failed to provide evidence of predatory pricing occurred in the factual evidence , So decided to terminate the first survey.

Then in January 2017, the United States International Trade Commission, on the ground of lack of direct evidence, terminated the investigation of the third allegation, that is, the allegations of forgery of origin. In the dismissal statement mentioned that Chinese steel producers “through the re-export trade, change the certificate of origin, illegal to avoid US anti-dumping duties and countervailing duties.” However, the petitioner (American Steel) did not provide any evidence to prove that Chinese steelmakers faked the origin.

Of course, Chinese steel companies need to wait for the final outcome of the US International Trade Commission and the final decision of the President of the United States.

The so-called 337 survey, based on the current US 1930 Tariff Act, Section 1337 (originally known as Section 337 for Article 337). The US International Trade Commission conducts this investigation to prohibit any unfair competition or any unfair trade in exports to the United States, in particular the protection of US intellectual property rights from infringement of imported products.

In practice, the 337 survey has become one of the important means of trade protection in the United States. According to statistics, China has for 13 consecutive years to become the most involved in the investigation of 337 countries. From 2007 to April 2016, the United States launched a total of 337 investigations from 397, of which up to 169 cases in China, accounting for 43%. However, China’s steel industry suffered 337 survey for the first time.

According to the preliminary statistics of the General Administration of Customs of Vietnam, Vietnam imported 1.23 million tons of steel in January, imports of 664 million US dollars, imports fell 17% year on year, imports rose 19.7% year on year. Among them, China imported 679,000 tons of steel, down 26.4%; imports of 340 million US dollars, up 9.5%. The average price of steel imported from China is $ 505 per tonne, up 48% from the same period last year, but still below domestic steel prices. Ministry of Industry and Trade said that Vietnam’s domestic steel production enterprises can fully meet the domestic market demand, but the price can not compete with the Chinese steel. To this end, in order to protect the development of China’s steel industry, the Ministry of Industry and Trade will continue to take trade protection measures and temporary safeguards.

So If you have some steel inquiry and import needs, buy it now as soon as possible. Because the Vietnam maybe will raise the steel import taxs.

Source: Vietnam “Young People Newspaper”

This week, Nucor and NLMK US companies have announced the increase in sheet prices, the price increase of at least 30 US dollars / short ton, involving varieties including hot rolled, cold rolled and hot galvanized sheet. Steel said the main reason for price increases is demand growth, extended delivery and rising production costs.

In January, the price of the US hot rolled coil rose to $ 640 / short ton, and in early February, the market price of the hot rolled coil was reversed, but remained at $ 600 / short ton. At present, the decline in scrap prices in February is less than expected, and the market is reasonable, so the steel mills can maintain the price firm and opportunistic price increases.

At present, the US Indiana hot coil and cold volume ex-factory price is still stable at 620-630 US dollars / short ton and 820-840 US dollars / short ton.

So if you have some steel purchase needs, now buy it is better. if you need use the steel material in short time.

“The implementation of industrial strong-based projects, to carry out quality brand promotion action to support enterprises aimed at international benchmarking with the industry to promote technological transformation, and comprehensively improve product technology, process equipment, energy efficiency and environmental protection level more attention to the use of market mechanisms, economic means, Excess, increase policy guidance efforts, improve the enterprise exit mechanism.
– from the “CPC Central Committee on the development of national economic and social development thirteenth five-year plan recommendations”

China-US War  Break Out(trade friction continued), Steel exports as “main battlefield”

Recently, the US Department of Commerce on China’s stainless steel sheet anti-dumping and countervailing investigation to make the final ruling, ruled that Chinese enterprises 63.86% -76.64% anti-dumping tax rate and 75.6% -190.71% countervailing duty rate. From the data point of view, China’s steel exports, the proportion of US exports from 10 years ago, 12% down to 1% now, the main reason is that the US steel companies in China imposed high tariffs.

As early as the campaign stage, Trump for the US trade policy had threatened to impose a 45% tariff on Chinese goods, which many international trade experts as “playing with fire”, but Trump is full of care.

Now, Trump has officially nominated Wilbur Ross, a wealthy investor who has extensive investment experience in the steel industry, as the business minister, and his trade team headed by Dan DiMicco, former chief executive officer of Nucor Corp. and three experience Rich steel trade lawyer. In the words of the industry, the team can be described as “anti-dumping veterans”, so many people predict the probability of Sino-US trade friction increased, while the steel industry will bear the brunt of

January exports fell year on year

For a long time, China’s steel exports have been in a higher volatility pattern, mainly to low-cost advantage as the support, but also because of this, domestic steel exports frequently encountered anti-dumping. The Sino-US trade, “rushing fire”, to China’s steel industry to bring the most direct change is the decline in China’s steel exports.

According to customs statistics released the latest data show that in January China’s steel exports 7.42 million tons, down 23.2%; imports of steel 1.09 million tons, an increase of 17.7%; imports of iron ore 92 million tons, an increase of 12%.

Undeniably, causing this situation with China’s production capacity has a great relationship. This is also the result of the Chinese government’s efforts to reduce steel production capacity. Analyst Xu Xiangchun that the decline is the deep reason for the decline in production capacity to achieve initial results, in particular, strict investigation of the furnace capacity, reducing the long product capacity, production, resulting in reduced exports.

However, from the trade friction factors, can not be ignored.

“There is a wide range of reasons for the decline in steel exports, one of which is the increase in trade friction to restrict exports, according to statistics, only in 2016 in November and December there have been up to 29 times the steel export trade friction, that is, Said an average of 2 days once, seriously affecting the export of steel.

Economic data continue to improve year on year, the chain slowed down. Real estate policy to turn, but real estate investment, new start and other indicators show that inertia is still, construction steel (3410, -9.00, -0.26%) demand in the long-term peak, short medium still inertia. PMI data is better, manufacturing sheet demand is acceptable. The average number of raw material inventories fell slightly, steel refineries demand rise.

Steel futures: short-term steel profits are still acceptable, profit steel prices accounted for a slight rebound. Steel mills operating rate increased, the overall level of inventory continues to rise, the current overall inventory has more than 2015, 2016 the same period. Short-term downstream demand after the Lantern Festival gradually thawed, and the price reasons to make the Treasury funding pressure is much larger than the same period in 2016, short-term fundamentals driven by bearish, but technically strong signs, rebar 1705 concern below the 3400 near support, hot-rolled coil 1705 concern 3700 near the support, operation attention position