The prices of iron ore and billet kept rising last week.

Lu Huaying, manager of the hot-rolled plate section of the steel network, said that the billet price may rise and fall in the short term.

Tangshan billet prices hit a new high this year.

According to data from the Lange Steel Network, billet prices continued to rise on the two days of the weekend, driven by stronger steel shocks during the night. As of July 13, the direct billet prices for steel billets once again reached a new high for the year, which now includes a tax report of 3400 yuan/ton, and the warehousing spot price has risen, with a tax report of about 3500 yuan/ton, an increase of 10-30 yuan/figure from last Friday. Tons vary, and under the ferment of optimism, steel prices have recently risen in turns, showing a prosperous scene.

Steel billets drive steel prices to new highs.

Billet prices are the vane of steel prices, and the strong rise in billet prices last week successfully pushed the spot market steel prices to a new high this year. As of July 13, the average price of Lange Steel's ten major cities in the country showed that the hot-rolled coil was 3,867 yuan/ton, the plate was 3,883 yuan/ton, and the hot-rolled strip price was 3,960 yuan/ton. The price of zinc pipes was 5138 yuan/ton, both hitting new highs this year.

The rebar price performance was relatively worse than expected. As of July 13, the average price of the third-grade rebar (Φ25mm) in the ten major cities of the country was 3758 yuan/ton, up 1.7% from last week, which is different from the southern rainstorm and construction off-season There is a certain relationship.

Although the billet stocks of the three major warehouses in Tangshan area have risen from the lowest level of about 218,000 tons in the year, the overall level is still relatively low. The supply and demand of billets are tight. This is also one of the reasons for the import of billets this year. . According to the latest understanding, the current delivery date of imported billets has reached October.

Lu Huaying said that the rise in raw material prices, environmental protection restrictions, tight supply and demand balance of steel billets and the capital market driven by the Hongsong policy are the main reasons for the rise in billet prices. Currently, raw material ore and coke prices continue to be strong, billet stocks are low, and supply and demand are tight. With the delay in environmental protection production until the 13th of this month, billet demand will decline. In the short term, billet prices may rise and fall.