In November, it was a very unusual month for the cold and hot rolled coil market. The market cooled rapidly, the trade was light, and the price continued to fall. The operators’ “frightened” sentiment was born, and most of them were sold at a reduced price. However, after entering December, the cold and hot rolled coil market has changed, the price has stopped falling and rebounded, and there has been a rebound.

Last Thursday (December 6th), Shanghai market cold-rolled coil price: Angang's 1.0mm cold rolled coil offer 4250 yuan / ton, Angang's 1.0mm cold rolled sheet offer 4280 yuan / ton; Bengang's Pohang 1.5 The price of millimeter cold-rolled sheet is 4,240 yuan / ton; the price of 1.0-meter cold-rolled sheet produced by WISCO is 4,260 yuan / ton; the 1.0 mm cold rolled coil of Shougang, Hegang, Tangshan, Hegang, Xicheng and other steel mills is priced at 4,240 yuan. / ton ~ 4250 yuan / ton. In the same period, the price of HRC in Shanghai market was 3,730 yuan / ton ~ 4030 yuan / ton.

In the analysis and forecast of the market price trend of cold and hot rolled coil in the later period, Li Zhongshuang, general manager of Shanghai Ruikun Metal Materials Co., Ltd. believes that according to the current operating conditions of the cold and hot rolled coil market, there will be no major changes in the short term. The price is expected to stabilize and stabilize. The current factors affecting the cold and hot rolled coil market are mainly reflected in the following aspects:

First, factors affecting the supply of cold and hot rolled coil market. In the early stage, after the price of cold and hot rolled coils fell sharply, the current sales price has been at a lower position, which is almost the same as the price of construction steel. The profit of steel mills has shrunk significantly. Some steel mills have lost their boards and their production enthusiasm is not high. In addition, with the implementation of the heating season production policy, the production capacity of some steel enterprises was blocked, and some steel production lines were affected by insufficient iron water, and the output was reduced. However, since the beginning of this year, a number of hot-rolled coil production lines have been put into production, and supply is expected to increase. Overall, the positive and negative effects on the cold and hot-rolled coil market are now in existence. The supply of cold and hot-rolled coils in the later period is increasing and there is uncertainty, which needs to be followed up.

Second, factors affecting the changes in the mill's ex-factory price policy. As the cold and hot rolled coil prices in the spot market continued to fall, and the decline was widening, the market transactions were light, the steel mills were in poor sales, orders were reduced, and the steel mills were close to the market and adjusted the ex-factory price policy in a timely manner. A few days ago, a group of large steel enterprises introduced the ex-factory price policy for December, and the factory price was generally lowered. The ex-factory price of cold and hot rolled coils was generally lowered by 150 yuan/ton~200 yuan/ton. The steel mill lowered the ex-factory price, and the traders were bearish on the market outlook. Most of them were cautious in operation and mainly sold at a reduced price, which led to the continuous decline in the cold and hot-rolled coil prices in the spot market. However, although the ex-factory price of steel mills is being lowered, there is still an “upside down” phenomenon with the sales price, but the merchants’ “very good price” and the willingness to stabilize the market have increased. To a certain extent, this also curbed the decline in the price of the cold and hot rolled coil market in the later period.