兰格优特钢日盘点：国内市场震荡下行 下游需求疲软

Core Viewpoint - The domestic special steel market is experiencing a downward trend due to weak downstream demand, leading to price declines across various regions [3][4]. Market Summary - On the 28th, the average price of 45 carbon structural steel (85mm) in major cities is reported at 3618 yuan, down 15 yuan from the previous trading day, while 40Cr alloy structural steel (85mm) averages 3783 yuan, also down 15 yuan [3]. - Key cities show price declines ranging from 20 to 30 yuan, with specific prices reported as follows: Hangzhou 3540 yuan, Changzhou 3480 yuan, Chongqing 3700 yuan, and Tianjin 3360 yuan [3]. - Steel mills are maintaining stable prices, with some adjustments; for instance, Dongfang Special Steel in Changzhou holds the price of 45 carbon structural steel at 3650 yuan, while Hangzhou Steel reduces its price by 20 yuan to 3560 yuan [3]. Industry Performance - The overall trading atmosphere is low, with many downstream processing enterprises adopting a "zero inventory" strategy, showing strong resistance to high-priced resources [4]. - In East China, the price of special steel has significantly declined, with mainstream varieties dropping by 10-20 yuan [4]. - The automotive parts and machinery manufacturing sectors have seen operating rates drop to 60%-65%, with transaction volumes in cities like Wuxi and Hangzhou down over 20% year-on-year [4]. - In North China, prices are broadly declining, particularly for carbon alloy steel, with some specifications of gear steel dropping by 20 yuan [4]. - The market in South China has also weakened significantly, with some specifications seeing price drops exceeding 20 yuan, and the anticipated replenishment before the National Day holiday has not materialized [4].