European standard H-shaped steel

It is expected that the local coke market will mainly consolidate in the later stage. The main reason for the decrease in inventory is personally believed to be the intensification of the reduction in domestic mines, with imported mines filling the shortage of domestic mine supply, resulting in a decrease in H-beam inventory.

There are many reasons why prices cannot rise, with expectations accounting for the majority. Traders are afraid to take goods and steel mills do not store them in winter. These goods are not useless, but domestic ore traders are unwilling to sell them. If future ore prices continue to fall, these goods will be cut off and enter the market sooner or later, and there will be another price war with imported mines, dragging them down, In addition to domestic mines, some high cost mines abroad will also continue to persist in price wars for European standard H-beam steel, which is precisely because of this expectation that the current price cannot be overestimated. Of course, the situation in foreign mines before the year was the same, and the contradiction between H-beams still needs to intensify. The overall outlook for the first quarter is not optimistic.

The domestic mining market is currently operating steadily. The steel market is unstable, and foreign mines are also stagnant. Intermediaries often withdraw from the market due to lack of profit, and the phenomenon of ore dressing enterprises stopping production is also increasing. Currently, only some enterprises with higher initial purchase costs have higher quotations. Although steel companies have a certain demand for restocking, the H-beam steel yard is not highly responsive to the current price increase, resulting in steel companies not having any further downward plans at the moment.