Xining settlement observation mark settlement observation point Cangzhou Shuntian shipment

Description :

　　Since the beginning of this year, many major projects have started construction in a concentrated manner, and the investment scale has significantly increased. According to statistics, investment growth targets of 10% or more have been proposed in places such as Henan and Anhui. From the perspective of investment fields, infrastructure construction, especially new infrastructure, has become an important driving force. At the same time, manufacturing investment will continue to maintain rapid growth, and a series of policy measures that are conducive to manufacturing investment, enterprise research and development investment, and technological transformation investment are poised to take effect.

　　Analysts' view: fixed assets investment will still become the "ballast" for the smooth operation of the economy in 2022, in which infrastructure investment and manufacturing investment will become the main driving force, jointly supporting the steady growth of fixed assets investment, and laying the foundation for demand explosion after the year.

　　Multiple regions adjust policies, with mortgage interest rates following the LPR reduction

　　With the reduction of LPR (market quoted interest rate), personal housing mortgage interest rates in Beijing, Shanghai, Shenzhen, Guangzhou, Suzhou and other places have been adjusted accordingly. At the same time, some banks have lowered their floating basis points, and the first home mortgage interest rate has dropped to 4.9%. According to multiple bank branches in Shanghai, the interest rate for first-time home buyers has been reduced to below 5% at 4.95%, while the interest rate for second home buyers is 5.65%. The mortgage interest rate has been reduced by 5 basis points with the LPR.

　　Analyst's opinion: Recently, new policies have been released, clearly relaxing requirements. The speed of commercial issuance for home purchases in 2022 has significantly increased compared to the second half of 2021. The increase in funding supply promotes manufacturers' production, drives raw material procurement, and benefits steel prices.

　　China Steel Association: Steel prices will fluctuate narrowly

　　Recently, the China Iron and Steel Association issued a statement stating that the macroeconomic situation is stable while seeking progress, and the downstream industry's demand for steel is relatively stable. The country adopts an active fiscal policy and a prudent monetary policy to maintain reasonable and sufficient liquidity; Intensify support for the development of the real economy; Implement new tax reduction and fee reduction policies, and strengthen support for the manufacturing industry; Adhere to the positioning of "housing for living, not for speculation", and promote the construction of affordable housing; Solidly promote the construction of 102 major engineering projects in the 14th Five Year Plan, and moderately advance infrastructure investment and construction. Overall, steel demand will remain relatively stable in the later stage.

　　Analyst's opinion: The country is focusing on stabilizing macroeconomic development, and relevant policies will be introduced one after another. Overall, with more positive news and policy regulation, prices are expected to increase slightly after the year under controllable conditions.

　　market price

　　Steel prices remain stable with a slight increase today

　　Two out of 24 markets for rebar saw a 20-30% increase, with an average price of 4795 yuan/ton for 20mm HRB400E, an increase of 4 yuan/ton from the previous day;

　　Out of 24 hot coil markets, 10 saw a 10-70 increase and 1 saw a 10% decrease. The average price of 4.75 hot-rolled coils was 4903 yuan/ton, an increase of 19 yuan/ton from the previous day;

　　Among the 23 markets for medium and thick plates, 8 have risen by 10-60%. The average price of 14-20mm ordinary medium plates is 5051 yuan/ton, an increase of 13 yuan/ton from the previous day.

　　The price of ordinary square billets in Tangshan area increased by 40 yuan, reported at 4480 yuan/ton, including tax, and the prices of various mainstream steel varieties remained stable with a moderate increase.

　　Today, a total of 20 steel mills have adjusted their prices, among which 17 have increased their prices, accounting for 85%, with a price adjustment range of 20-110 yuan/ton, and the increase is for Puyang medium thick plate; No downward adjustment; Three companies are evenly distributed, accounting for 15%.

　　Steel futures fell overall today

　　Today, the main thread fell 52, closing at 4665, a decrease of 1.1%; Hot coil main force fell 48, closing at 4773, a decrease of 1%; The main force of coking coal fell 87, closing at 2166, a decrease of 3.86%; The main force of coke fell 47, closing at 2900, a decrease of 1.59%; The main force of iron ore fell 12.5% to close at 740, a decrease of 1.66%.

AfterSalesService :

• Xining subsidence observation mark