As the temperature rises, demand starts to start gradually in late March, but the overall situation is still relatively slow. In April, with the overall temperature rise, the construction conditions are more convenient, and the traditional demand season of 15CrMoG gradually comes. However, according to the current policy, there are still many factors that are not conducive to the market, and the policy's inhibition of demand will be more obvious. The introduction of the five countries in early March caused an unfavorable blow to the market , which made the good demand before the holiday unexpected. Seamless Pipe
Raw materials: Last weekend, Tangshan billet fell 20%, the current local carbon 150 billet 3230 yuan / ton, 165 rectangular billet 3260 yuan / ton, low alloy billet 3350 yuan / ton including tax factory, Changlipu billet cash including tax To 3,250 yuan / ton, bare price of 3,100 yuan / ton.
Steel mills: On March 29, Hebei Iron and Steel Group issued the guiding price of construction steel in early April, in which the price of rebar was generally raised by 100, and the wire snails and wires remained stable.
Last weekend, the futures opened lower, the business panic mentality reappeared, the price cuts were mainly shipped, and the steel price fell across the board on Friday. Considering the Qingming holiday this week, it is expected that the domestic mainstream steel prices will stabilize and adjust on April 1.
On March 29, the Shanghai Composite Index closed at 2336.62 points, up 0.32 points, or 0.01%; the Shenzhen Stock Exchange reported 8889.77 points, down 69.49 points, or 0.78%.
The rebar contract fell on March 29. The main October contract closed at 3810 yuan / ton, down 40 yuan (down 1.04%). The total contract turnover was 3042244 lots, and the positions decreased by 88,350 lots to 12,998,050 lots. The main contract traded 30,180,70 lots, and the position decreased by 86,410 lots to 1,236,224 lots; the main hot-rolled contract RB1306 closed at 3,790 yuan/ton, down 26 yuan/ton, down 0.68%.
The median price of the RMB exchange rate in the inter-bank foreign exchange market on March 29: 1 US dollar to 6.2689 yuan, 1 euro to 8.0383 yuan, and 100 yen to 6.6486 yuan.
In Taiwan, the price of Fengxing Steel rebar remained at NT$18,700/ton in late March, and the price of steel was NT$2,100/ton. Zhonghong Steel maintained its flat price in April. Sinosteel announced that it will maintain the price of aluminum deoxidizing wire for electric furnaces in April. The current listing price of the product is NT$22,200/ton, and the actual selling price is NT$21,200-21,700/ton. Some market participants expect that Taiwan's pipe producers will also maintain price flats in April.
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