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    Steel supply pressure has not been fundamentally alleviated

    Release date:2014-10-24

            Qian Xiang Yu Machinery Co., Ltd. Weifang production of fire with nodular cast iron pipe (pipe trench), drainage with flexible cast iron pipe fittings and so on more than 700 varieties, annual output of more than 10000 tons. Grooved pipe fittings is a new type of steel pipe connecting pipe, also called clamp connection, has many advantages. The application of groove pipe connection technology makes the complicated pipeline connection process easy, fast and convenient. Make pipe connection technology a big step forward.
            From mid October, in addition to the cold rolled plate, the domestic market, the other major steel varieties prices have ushered in a wave of rebound. Among them, the price of rebar rose to 100 yuan / ton ~150 yuan / ton. Hot rolled coil and plate prices, although not large, but also to allow the market to temporarily get rid of the depressed atmosphere for a long time. This round of rebound in steel prices is not due to the fundamentals of the market supply and demand improvement. Steel prices rebound in the current round is based on market expectations for a period of time in the future resource supply tight and cause, supply pressure did not fundamentally ease.
            APEC (Asia Pacific Economic Cooperation Organization) conference will be held in Beijing on 11 November 5th ~11. In order to ensure that the meeting has a good quality of the environment, the government will be in Beijing surrounding areas (such as Hebei) industrial enterprises (especially the focus of pollution sources) to take mandatory emission reduction measures. In this case, the market generally felt that the before the end of the APEC meeting, Hebei and other northern areas of steel production will be limited, the market supply of resources affected, there will be some of the shortage of resources, and promotes the recent downstream procurement, boost the volume and steel prices rose.
    Trench pipe production enterprise Weifang Qian Xiang Yu Machinery Co., Ltd. has been concerned with the steel city information, Qian Xiang Yu machinery by the groove pipe connection CNN system, provide a full set of technical support, combined with the actual situation in China, using Neiyinwailian, developed the vacuum casting and lost foam casting two international advanced casting technique combined with vacuum expendable pattern casting process production equipment groove tube, the material is ductile iron QT450-10.
            Stable operation of the domestic iron and steel raw material stock market is weak, late to steady wait and see. Among them, imported iron ore market vulnerable to run; domestic ore market weakness stability maintenance; billet market fell in parts; coke market steady running; shipping market continue to rise.
            Domestic ore market weak stability, and rich. Continued to fall, some steel mills have reduced the willingness to adopt, in view of the lower market prices, coupled with the previous period of low inventory, not yet price adjustment. Most steel mills are still cautious, a slight increase in the Northeast steel inventory. In addition to the lower reaches of the downstream steel market weakness, the demand has not been improved, the resistance of domestic ore market to pick up more. Expected recent domestic ore market or the continuation of weak stability.
            Steelmaking pig iron market is not changed, weak demand, low prices, shortage of funds. Recently billet continued to decline, resulting in steel procurement cautious, steel-making pig iron turnover slowed, individual regions offer more confusion, ironworks turns overhaul, less inventory, supply slightly shortage, the majority of the ironworks funding pressures larger. If the downstream steel market in the short term no signs of improvement, is expected to post the domestic pig iron prices continued low consolidation trend.
            Weifang Qian Xiang Yu Machinery Co., Ltd. since its inception, always adhere to the "people-oriented, quality Li City, integrity management, customer first" principle of service, and constantly open up the domestic and international market, wholeheartedly at home and abroad customers provide quality products and services.
            Web site http://www.qian-xiang.com