周刊：中国由$ 5 /牛逼提高螺纹钢出口价格2020年6月23日
Over June 13-19, China’s steel exporters had raised their offering prices of the B500B 18-25mm rebar by another $5/tonne on week to $441/t FOB Shanghai port on average, in contrast to the recent softening in China’ domestic steel prices together with the weakening in demand in the rainy season.
钢production in Asia in May including that of China, the world’s largest steelmaking country, posted a 3.3% on-year decline to 113.5 million tonnes, while the whole world’s steel output fell more substantially by 8.7% on year to 148.8 million tonnes, according to the latest data from the World Steel
Carbon steel sales at China Steel Corporation (CSC), Taiwan’s top steel producer headquartered in Kaohsiung, South Taiwan, continued to drop in May, sliding by another 14.8% on month to 730,444 tonnes, the lowest record since March 2015, a company official confirmed. Steel demand both at home and abroad had not recovered last month, he admitted.
China’s daily crude steel production continued to edge up over the middle ten days of June, with the tonnage growing by another 27,500 tonnes/day or 1% from the prior ten days to average 2.92 million tonnes, according to Mysteel’s latest survey among the country’s 247 blast-furnace and 71 electric-arc-furnace steel producers.
After over 42 years of “opening up policy” execution since 1978, China has reignited its economic engine, trying to set up a new economic development model in Xiong’an New Area in North China’s Hebei province, just like the Shenzhen Special Economic Zone back in 1980, and the difference is that Xiong’an is not about trade, it is about eco-friendly and high-end industries and well-designed landscape with digitalization and artificial intelligence being the core elements.
Shagang Group, China’s largest long steel supplier, has rolled over the prices of all its major long steel products from mid-June for domestic sales in the last ten days of June, though the spot transaction price has softened modestly in the past ten days on the softening demand amid rainfalls in South and then East China.
China’s hot-rolled coil (HRC) prices stayed firm over June 15-19 thanks to the steady demand of late, but rebar price stayed on a downside, as the actual demand marginally softened when East China had also been experiencing wet season following South China while the production still hovered high.
Chinese production of air-conditioners declined by 14.7% on year to 19.4 million units during May, according to the latest data from China’s National Bureau of Statistics, with the May result taking total production over January-May to some 78 million units, lower by 23.1% on year, the NBS data show. However, the pace of the decline had slowed marginally from the 24.8% decrease charted over the first four months.
中国造船企业在一月至五月接到新船订单相当于总1160万载重吨（DWT），同比下降1.2％，根据国家船舶工业的中国协会（CANSI）6月19日发布的最新版本。Demand for new vessels stayed dull as global freight markets continue to be buffeted by the coronavirus storm, Chinese market sources said Friday, admitting they were pessimistic about the medium- to long-term future for the country’s shipbuilding industry.
Taiwan’s top steel producer, China Steel Corp (CSC), has decided to raise list prices of its major steel products priced monthly by TWD 900-1,200/tonne ($30-40/t) for sales in August, a company official confirmed on Thursday. The average increase of 3.7% is to offset rising production costs and to benefit from gradually recovering demand, he explained.
China is determined to complete its campaign of cutting excessive capacity in certain industries including steel and coal in 2020, the final year of the capacity reduction campaign started 2016, the country’s top economic planning body, the National Development and Reform Commission (NDRC), announced in a notice on June 18. The campaign is proceeding, even though the country is still threatened by a reoccurrence of COVID-19, according to the notice.
In the coming term, China’s domestic steel prices are unlikely to continue their significant rise of late as oversupply will negatively impact markets, according to the monthly report of the China Iron & Steel Association (CISA) published on June 17 which cited the rapid reengagement of productive steel capacity in China and shrinking demand for steel abroad under the impact of COVID-19.
China’s price of HRB400 20mm dia rebar inched down Yuan 10/tonne ($1.4/t) on day to Yuan 3,799/t including the 13% VAT as of June 17. In the meantime, transactions concluded in the physical market also remained weak, Mysteel’s data showed.
Japan’s crude steel output for the fiscal 2020 (April 2020-March 2021) may decline to around 80 million tonne from the 98.43 million tonnes for FY19, predicted Eiji Hashimoto, the newly-appointed chairman of the Japan Iron & Steel Federation (JISF) on June 16 after the first press conference as chairman.