Last week, the raw material market rose steadily. Among them, the price of iron ore futures reached a record high, and the price of external disks has also reached the high since the beginning of 2012, which has attracted great attention from the China Iron and Steel Association and the exchange; the coke and coking coal markets are generally relatively stable ; In terms of ferroalloys, the price of ordinary alloys has risen overall. Although the main production areas have limited production, the actual implementation is not as strong as expected; the prices of special alloys have risen steadily. The price changes of the main varieties are as follows:

Imported iron ore prices rose sharply

Last week, the price of imported iron ore continued to rise sharply, and the increase exceeded expectations. Port inventories have continued to decline for 4 weeks, and Australia’s shipments will decrease. Overlapping steel mills’ periodic replenishment, the overall supply of iron ore will be tight. Based on this expectation, short positions in the futures market continued to close out and even backhandedly increased. The price of iron ore futures rose sharply. The exchange issued restrictions on positions to cool down, but the futures market rose sharply again, and the spot price continued to rise until last Friday. Traders began to actively ship goods, while steel mills were relatively cautious in purchasing or purchasing on demand. From the perspective of various varieties, some medium and low-grade printing powders have begun to show cost performance, and some steel plants have begun to increase the usage of printing powder. The China Iron and Steel Association and large steel companies call for investigations by regulatory authorities. At the same time, under current prices, merchants focus on shipments, and it is expected that the iron ore market price may loosen slightly in the near future.

Coke transaction price is stable

Last week, the transaction price of coke in East China, North China, Northeast China, and South Central China was stable. In the first half of December, the price in Southwest China rose by RMB 50/ton to RMB 60/ton. Recently, Henan, Hebei, Shanxi and other places have issued air pollution control notices. The capacity utilization rate of coking companies has decreased significantly. At the same time, the number and time of vehicles entering and leaving the factory are also limited. The production stability of coking companies has a greater impact. Volume reduction. Shanxi Province has tracked and supervised the exit of coking capacity in the early stage, and accelerated the implementation of the requirements for the uncompleted reduction and rectification and shutdown tasks of the cities, and the tight coke supply situation is difficult to alleviate. The continuous advancement of coking capacity reduction is the driving force for the increase in coke prices. Some coking companies plan to raise prices in the 9th round in the near future. It is expected that the domestic coke market will be stable and strong in the near future, and steel mills with low inventories may be the first to accept this round of price increases.

The coking coal market is stable

Last week, the domestic coking coal market was mainly stable, with individual regions rising from RMB 20/ton to RMB 30/ton. The mainstream acceptance quotation of coking coal in Linfen, Shanxi was stable, and the price of lean coal and lean coal for truck operators in Changzhi Mine rose slightly. Shandong and Jiangsu coking coal production is low, and downstream demand is relatively stable. Recently, Henan, Hebei and other places have opened coal mine inspections, and the supply of coking coal will be reduced. In addition, the strong operation of the downstream metallurgical coking market will form a certain support for the coking coal market. It is expected that the coking coal market will operate stably in the near future.

The ferroalloy market is mainly rising

Last week, the ferroalloy market mainly rose. In terms of ordinary alloys, the prices of ferrosilicon and silicomanganese have risen overall, and the prices of high-carbon ferrochromium have been stable; in terms of special alloys, the prices of vanadium series have been stable, and the prices of ferromolybdenum have risen slightly. Specifically:

Northwest Ferrosilicon Factory mainly supplies to Changxie Steel Plant, and there is no external quotation. At present, the bidding price of ferrosilicon for most steel plants has been finalized, which has increased slightly from the previous month. Production restrictions in Ningxia are less than expected. Traders purchase mainly low-priced resources, and market prices are gradually returning to rationality. It is expected that the ferrosilicon market will be stable and weak in the short term. Hegang Group announced the December bid price for silicomanganese, an increase of 70 yuan/ton from the second round of inquiry. At present, the overall spot resources in the market are tight, most manufacturers are in a state of order production, low-price transactions are not strong, port manganese ore prices rise slightly, the silico-manganese market will be stable in the short term. Except for the lower purchase price of high-carbon ferrochrome by Qingshan Group in December, the two major steel mills of Taiyuan Iron and Steel and Baosteel Desheng have yet to finalize their prices. At present, electricity curtailment in Inner Mongolia region, the cost of ferrochrome smelting has increased, high-carbon ferrochrome plants are in a state of loss, and the price and reluctance of selling are high. It is expected that the short-term high-carbon ferrochrome market will be stable.

The domestic market for ferrovanadium and vanadium-nitrogen alloys is stable. The price of vanadium flakes rises slightly. Some suppliers are unable to produce goods and wait for the price to rise; most vanadium-nitrogen alloy manufacturers are cautiously watching. Due to strong raw material prices and weak terminal demand, some companies have plans to stop or reduce production; the ferrovanadium market price remains stable, and it is expected that the vanadium series market will operate smoothly in the short term. The ferromolybdenum market is operating smoothly. Some ferromolybdenum manufacturers have been forced to reduce their production due to environmental protection inspections. Most manufacturers are cautious. The price of molybdenum concentrate has risen slightly. It is expected that the ferromolybdenum market will run strongly in the near future.