The trading of ASTM A387 Gr 22 plate etc. hot rolled steel plates in peak season is lower than expec

The October is the peak season for trading of ASTM A387 Gr 22 plate etc. hot rolled steel plates, but the trading is below expectations, and steel price is in volatility. The steel traders are generally cautious about the future market.

From the current operation of ASTM A387 Gr 22 plate etc. hot rolled steel plates market, the short-term trend of the hot-rolled steel plate market will not have much change, the steel price is mainly stable, but some uncertainties affecting the market still need attention. These factors are mainly reflected in the following aspects:

First, the uncertain factors that affect ASTM A387 Gr 22 plate etc. hot rolled steel plates market need to be concerned. At present, the production and marketing situation of the main demand industries for hot-rolled steel plate, such as automobile, household appliances, machinery and equipment, steel structure and other enterprises are quite different. From January to August, the demand for steel for mechanical equipment, automobiles, household appliances and steel structures increased markedly, and the range remained basically between 15% and 20%, and some even reached more than 20%. However, since the third quarter, construction machinery sales have shown a downward trend, the fourth quarter of construction machinery sales growth is expected to decline at the end of the quarter. Demand for automotive steel only picked up slightly in July. The production and marketing situation of household appliances industry is not satisfactory. In August, air-conditioning motor sales fell year-on-year, ring-on-year, air-conditioning season is not strong, resulting in a substantial increase in air-conditioning inventory.

In addition, the uncertain factors that affect the supply of ASTM A387 Gr 22 plate etc. hot rolled steel plates market need attention. At present, there are many factors affecting the supply of ASTM A387 Gr 22 plate etc. hot rolled steel plates market, but there are also many variables, such as environmental protection and production restriction. Compared with last year, this year's productivity limit is not small, non-heating season also has some areas of blast furnace production limit of 30%, but production has not dropped much, especially the production of ASTM A387 Gr 22 plate etc. hot rolled steel plates. The reason is that the steel factory is profitable and has high enthusiasm for production. Most of the steel mills did not add scrap during hot rolling last year. This year, the proportion of scrap added to the hot rolling production in North China reached 30%-35%. The production of the environment-friendly production restriction reduced part of the output, which was supplemented by increasing scrap production.