The economy stabilized and the steel price fluctuated

As the domestic macro economy continued to stabilise, the manufacturing PMI index continued to improve. The domestic steel market continued to increase, and the steel cost support continued to increase. The market sentiment was positive and stable, and the domestic steel market will fluctuate. It is expected that the overall domestic steel market will fluctuate in the short term.

According to the Lange Steel Information Research Center weekly price forecast model data, next week (2013.1.7-1.11) domestic steel market prices will fluctuate, the long products market will rise slightly, and the plate market price will rise steadily or slightly. The Lange Steel Price Composite Index is expected to fluctuate around 151.6 points, the average price of steel is around 3940 yuan, and the average increase is around 30 yuan. Lange Steel's long product index is expected to fluctuate around 165.2, rising by around 1.2 points; Lange The steel price plate index is expected to fluctuate around 134.2 points, with slight fluctuations rising by about 0.9 points.

From the market research of the Lange Steel Information Research Center, it is expected that the domestic long product market price will increase slightly next week (2013.1.7-1.11), while the plate market price will increase steadily or slightly; the raw material market price will rise slightly, iron ore The stone market price will rise by 20 yuan, the coke market price will rise by 20-30 yuan, the scrap market price will rise by 50 yuan, and the billet market price will rise by 30-40 yuan.

1. Domestic steel market increased slightly this week. Week 1 of 2013 (2012.12.31-2013.1.4) The Lange Steel (LGMI) Composite Price Index reached 150.5 points, a week-on-month increase of 1.72%, and a decrease of 11.12% from the same period of last year. Among them, the LGMI long steel price index was 164 points, a week-on-month increase of 1.82%, a decrease of 14.87% over the same period last year; LGMI sheet price index was 134.2 points, a week-on-week increase of 1.58%, a decrease of 4.97% over the same period last year.

According to the price data of 17 categories of 44 standard varieties monitored by the Lange Steel Information Research Center's market, the market price of major steel products increased slightly in the first week of 2013 (2012.12.31-2013.1.4), compared with the previous week. In comparison, the number of rising varieties has slightly decreased, the flat varieties have increased, and the falling varieties have decreased. Thirty-two varieties rose, one less than last week; twelve were flat, five more than last week; none had fallen, four fewer than last week. The domestic steel raw material market price rose steadily or slightly, the iron ore market price rose by 30-50 yuan, the coke market price rose steadily by 30 yuan, the scrap market price rose by 50 yuan, and the billet market price rose by 80-90 yuan. .

2. Focus on the recent factors that affect steel prices Macroeconomics:

China's manufacturing purchasing managers index was 50.6% in December 2012

The National Bureau of Statistics Service Survey Center and the China Federation of Logistics and Purchasing jointly announced that in December 2012, the China Manufacturing Purchasing Managers Index (PMI) was 50.6%, which was the same as last month. In December 2012, the five sub-indexes that constitute the manufacturing PMI fell by 1 liter, 1 ping, and 3 rupees. In terms of different industries, the purchase price of major raw materials in ferrous metal smelting and rolling processing industry, agricultural and non-staple food processing industry, metal products industry, and ** product industry increased significantly, and the pressure on production costs of enterprises increased; electrical machinery equipment manufacturing and computer The major raw material purchase price index for industries such as communications electronics equipment and instrumentation manufacturing is below the critical point.

China's non-manufacturing PMI rose to 56.1% in December 2012

The National Bureau of Statistics Service Survey Center and the China Federation of Logistics and Purchasing jointly announced that in December 2012, China’s non-manufacturing business activity index was 56.1%, up 0.5 percentage points from the previous month. In terms of different industries, the business activity index of the construction industry continued to be above the critical point, which was 61.9%, up 0.6 percentage points from the previous month, and was in a higher economic range; the business activity index of the service industry was 54.7%, up 0.5 percentage points from the previous month. Among them, the postal industry, Internet and software and information technology service industry, retail industry, telecommunications, radio and television and satellite transmission service industries are located at high levels of over 60%, ecological protection and environmental management and public facilities management, road transportation, accommodation, The total business volume of enterprises in the leasing and business services industries decreased compared with the previous month.

China December HSBC manufacturing PMI final 19-month high According to statistics from HSBC, China's final manufacturing PMI value climbed sharply to 51.5 in December, the highest level in 19 months, the final value in November It is 50.5. The preview value for December is 50.9. The sub-indicators show that China's new orders sub-index rose to 52.9 in December, hitting the highest level since January 2011; the manufacturing output index hit its highest level since May 2011. However, after the new export orders briefly rose above the top and bottom line last month, they once again fell to the shrinking area, indicating that the export situation is still not optimistic.

Industry News:

The thread of the previous period ** rose 4 days on the main contract rose 0.81%

In the previous period, the main rebar 1305 contract was opened at 4,018 yuan/ton in the morning on the 4th, and then the price showed a wide-open volatility and low trend throughout the day. The lowest was 3,966 yuan/ton for the whole day, and the highest was 4,023 yuan/ton, and it closed at 3,990 yuan/ton. On the previous trading day (December 31, 2012), the settlement price rose by 32 yuan/ton, closing 2,305,966 positions, 1,208,310 positions, an increase of 88,022 contracts.