Shanxi Houma custom production settlement observation nail settlement observation standard considerate after-sales service

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　　Shanxi Houma custom production settlement observation nail settlement observation standard considerate after-sales service

　　The layout of settlement observation points should be located at points that can comprehensively reflect the deformation characteristics of the building foundation, generally at the four corners of the building, at corners, and every 10-15 meters along the outer wall; High and low rise buildings, new and old buildings, different geological conditions, different load distributions, different foundation types, different foundation burial depths, different upper structures, settlement joints, and both sides of building cracks; At the interior longitudinal walls of buildings with a width greater than or equal to 15 meters, or less than 15 meters but with complex geological conditions, as well as at the floors, elevator shafts, and central shafts of frame, frame shear, frame tube, and tube in tube structural systems; At the four corners and middle positions of raft foundation and box foundation; Multi story masonry buildings have a vertical wall spacing of 6-10 meters at the corresponding end of the horizontal wall; Adjacent column bases where the frame structure may experience significant uneven settlement; The ends of high-rise buildings correspond to both horizontal and vertical directions. Place at least 4 measuring points symmetrically along the perimeter or foundation axis of various structures. The observation reference point should be set outside the influence range of the foundation pit engineering, generally not less than 30-50 meters, and the number should not be less than two

　　Let's first review the situation of the steel market before and after last year's Spring Festival. From January to February 2021, as the domestic market was basically under control, the vitality of the real estate market reappeared, and the gloom dissipated. People's confidence in buying houses increased significantly, housing prices steadily rose, real estate companies accelerated construction progress, and the demand for construction steel materials increased significantly. Strong demand brought good prices, and steel mills rose sharply, driving up raw material prices. With cost assistance, how could steel prices not rise?

　　The weak downward trend in the real estate market this year has followed the decline in the second half of 2021, but the rate of decline is becoming increasingly slow. Currently, the overall industry is experiencing a transition from "policy bottom" to "market bottom", and it is expected that this transition period will likely last for six months to a year. In the short term, the central bank's 5-year LPR for individuals will be lowered by 5 basis points, which is an asymmetric interest rate cut compared to two consecutive declines in the 1-year period and a cumulative decrease of 20 basis points. Although there are good expectations, it is difficult to stimulate the real estate industry to play a key role in steel prices after the Spring Festival. Therefore, the market trend of last year's real estate rebound driving building materials demand may not be repeated in the first half of this year. In a market lacking demand stimulation, it depends on whether steel prices can return to supply dominance to support price fluctuations.

　　Let's take a look back at the post holiday expectations and see what kind of environment the current market is in:

　　Inventory surface:

　　With the successful completion of the 2021 crude steel production control target, steel mills have once again started a resumption of production mode. Surprisingly, factors such as the 30% off peak production limit in Hebei region did not have a decisive impact on the resumption of steel plant production. The daily average production of molten iron has continued to rise for four consecutive weeks with an increase of 40000 tons. In terms of the total market inventory, as of mid January, the social inventory of five major types of steel in 21 cities was 8.74 million tons, an increase of 810000 tons compared to the previous month, up 10.2%.

　　Supply side:

　　The resumption of production in steel mills across the country continues to be prosperous, with a blast furnace operating rate of 76.25%, an increase of 0.48% compared to last week and a decrease of 12.07% compared to last year. This week, we officially entered the Spring Festival shutdown phase, and there may be room for reduction.

　　Demand side:

　　From last week's transactions, it can be seen that the proportion of downstream terminals on holiday has increased. In addition, many of the released demand is for scattered purchases before the holiday, and the demand volume has significantly declined. Moreover, after tomorrow, we will enter the small year, which is an important holiday before the Spring Festival. Market terminals are basically on holiday, and demand has entered the seasonal holiday stage.

　　In terms of mentality:

　　At present, the supply and demand sides have basically completed the winter storage plan, and the current focus has shifted to welcoming the new year and post holiday market development. Therefore, even if there are relevant news from the industry or macro level this week, it will be more about changes in market expectations after the Spring Festival, and the short-term market will mainly be watching and welcoming the spring. We cannot offer you a low price, we can only provide you with high quality We would rather explain the price for a while than apologize for the quality for a lifetime

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• Shanxi Houma custom production settlement observation