The import and export prices of the hottest intern

2022-10-22
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International steel import and export prices will reach a peak

according to the analysis and prediction of WSD on the international steel import and export market, the rise in the price of steel scrap is the main reason for the rise in its import and export prices. The surge in import and export prices has led to the rise in global steel prices, and also caused the decline in the demand for steel in the middle and lower reaches of the market. With the trend of global economic decline in 2008, The international steel import and export market price is expected to peak in the second quarter

according to the analysis and prediction of WSD on the international steel import and export market, the rise in the price of steel scrap is the main reason for the rise in its import and export prices. The surge in import and export prices has led to the rise in global steel prices, and also caused the decline in the demand for steel in the middle and lower reaches of the market. With the trend of the global economic downturn in 2008, the price of the international steel import and export market is expected to peak in the second quarter

the latest data released by CRU, the international steel authority, shows that the global steel price index is 268, the flat product index is 250.6, and the long product index is 302.9. However, the index has maintained a slight increase or even flat trend for several consecutive weeks, which also reflects the limited space for the continued rise of prices in the international steel market

according to the prediction and analysis of the above two institutions, combined with the quarterly changes in international steel import and export prices:

first, WSD analyzed some factors that may limit the continued rise of import and export prices. First, the annual recycling of 3 million tons of expired steel waste in the world directly led to the excess supply of joints made of PP, ABS and other materials in the first half of 2008; Second, downstream users cannot accept the high price of steel, resulting in a decline in the actual demand for steel; Third, the number of banks that refuse to provide loan financing for high priced steel stocks is also rising, which has brought about the problem of capital turnover of steel mills and traders; Fourth, affected by the rising prices of consumer goods such as fuel and food, the national consumption demand for steel intensive products in developed countries fell in 2008

secondly, the trend of the international steel market in the quarter of 2008 also shows that the global steel import and export prices will peak. In the first quarter of 2008, the CIF price of imported hot-rolled coils in the United States increased by 353 dollars/ton, and that of medium and heavy plates increased by 209 dollars/ton. From the second quarter to may, the CIF import price of imported hot-rolled coils and medium and heavy plates in the United States also increased by 287 dollars and 276 dollars/ton. However, the demand for flat products in the United States is weak, and the price is low, so the space for its import price to continue to rise is limited; Similarly, there are Asian and European markets. Although the market demand for flat materials in EU countries is relatively strong, the import price has also been higher than the domestic price, and there is no advantage; The Asian market is dominated by the imports of hot-rolled coils and other steel from Southeast Asia and South Korea, and the exports of China and Japan. After entering the second quarter, the demand for hot-rolled coils in Southeast Asia also began to show a weak trend. Due to the shortage of domestic resources, South Korea can only accept the rise in export prices from China and Japan. It can be seen from this that after the sharp rise in import and export prices in the global steel market in the first quarter, the increase in international steel import and export prices in the second quarter seemed to have narrowed, and the domestic prices of various countries were significantly better than the import prices to check whether the equipment operated normally. On the whole, it ruled out the 0.0 caused by the shortage of resources in some countries- 0.8; ±0.4;- 0.2;- If the passive price of 0.5 is passively accepted, the international steel import and export price in the second quarter has no advantage, and its peak is about to reach

based on the above data and analysis, the existence of risks has been vaguely seen after the sharp rise of the global steel market, but this risk is more hidden under the halo of "strong" global steel demand. However, with the gradual decline of the world economy and the elimination of the advantages of steel import and export prices, the space for further rise has narrowed, and it is expected to peak in the second quarter of 2008

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