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短期内钢市将震荡偏强运行
Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-05-25 02:35

Core Insights - The domestic steel price index in China experienced a slight increase during the week of May 12 to May 16, with both long and flat steel price indices rising [1][6] - The overall China Steel Price Index (CSPI) reached 93.45 points, reflecting a week-on-week increase of 0.69% and a year-on-year decrease of 12.04% [1][6] Price Index Summary - The long steel price index stood at 95.67 points, with a week-on-week increase of 0.77% and a year-on-year decrease of 12.73% [1] - The flat steel price index was at 91.60 points, showing a week-on-week increase of 0.68% and a year-on-year decrease of 11.90% [1] Regional Price Trends - All six major regions in China saw an increase in steel price indices, with the Central South region experiencing the highest growth [2] - The North China region's steel price index was 92.64 points, up 0.29% week-on-week, while the Northeast region had the smallest increase at 0.02% [2] Price Variation by Steel Type - Among eight major steel varieties, prices varied, with the price of 6mm high-line steel increasing by 0.68% to 3403 CNY/ton [3] - The price of 1mm cold-rolled sheet decreased by 2.42% to 3950 CNY/ton, while the price of 1mm galvanized sheet remained unchanged [3] Cost Factors - The average import price of iron ore in April was 98.10 USD/ton, down 0.41% month-on-month and down 13.28% year-on-year [4] - Domestic iron concentrate prices were 889 CNY/ton, showing a slight decrease of 0.22% from the previous month [4] International Market Overview - The CRU international steel price index rose by 0.7% in April, with a year-on-year increase of 10.5% [5] - The North American steel price index increased by 1.7% month-on-month, while the Asian steel price index decreased by 0.8% [5] Market Outlook - The recent easing of trade tensions between China and the U.S. has stimulated some terminal demand, contributing to a slight rise in steel prices [6] - The domestic steel market is expected to experience a strong fluctuation in the short term due to various incremental policy measures [6]