Last week, the prices of domestic raw materials rose as a whole, and the prices of some varieties fell near the weekend. The external price of iron ore once reached a record high and then dropped sharply, and the overall demand side remained relatively strong; the price of coke continued to rise; the market price of coking coal continued to rise sharply, and the overall resource remained tight; the price of ferroalloys remained stable and rose as a whole. The price changes of the main varieties are as follows:

Imported iron ore prices fluctuated sharply, rising first and then falling

Last week, the price of imported iron ore fluctuated sharply, rising first and then falling. The external price of PB fines rose to more than US$230/ton, and fell to US$206/ton to US$207/ton last Friday; PB powder at major ports The highest ore price also rose to 1,660 yuan/ton to 1,680 yuan/ton, and fell to 1,480 yuan/ton to 1,530 yuan/ton last Friday. In the first half of the week, the sharp increase in iron ore prices was partly due to the replenishment of steel mills, and more due to the overall increase in steel prices. In the second half of the week, market expectations fell, prices fell, and market transactions fell sharply. Buyers mainly wait and see. At present, iron ore port inventory continues to decrease, and steel mill demand remains high. After a round of decline in prices, the decline will slow down. It is expected that the market will continue to fluctuate in the near future.

Mainstream transaction prices of coke rose

Last week, the mainstream domestic coke transaction prices rose, ranging from 100 yuan/ton to 240 yuan/ton. Among them, the 7th round of price increases in East China and North China landed, with a cumulative increase of 720 yuan/ton to 830 yuan/ton; the 7th round of price increases in Northeast China has not yet landed; the central and southern monthly pricing represents coke enterprises, and the southwestern half-monthly pricing enterprises have stable metallurgical coke prices. . Although the price of steel rose first and then fell, the operating rate of steel mills’ blast furnaces remained high and the demand for metallurgical coke continued to rise. Last Friday, the price of some black commodity futures fell to the limit, and market sentiment has significantly cooled. Port forwarders have increased their enthusiasm for shipments. A small number of ports have dropped their own quotes for spot foreign exchange. Most traders have also stopped gathering in ports, coke enterprises, traders and ports. All of the coke flows to steel mills, and steel mill inventories will slowly rise in the later stage, but it will take some time. Judging from the current supply and demand situation, the price of metallurgical coke still has an upward momentum. It is expected that the price of coke will increase in the 8th round in the near future, and it may be more difficult to increase the price later.

Coking coal prices have risen sharply

Last week, the domestic coking coal market prices rose sharply, and the price difference widened. The price of coking coal in Shandong, Jiangsu, Henan, Hebei, Shanxi, and Shaanxi all rose, most of which ranged from 60 yuan/ton to 220 yuan/ton. Mongolia's coal import clearance volume has increased significantly, from about 50 vehicles to more than 100 vehicles, and the price of No. 5 raw coal has increased by 100 yuan/ton to 1,380 yuan/ton to 1,400 yuan/ton. At present, the gap between the market bidding price and the long-term agreement price is widening. Coal mines are still not allowed to over-production and focus on safe production. It is unlikely to increase production in the short term, but after the end of May, some coal mines will be overhauled and the supply will increase. A small number of downstream customers cautiously purchase some high-priced coal, and the wait-and-see situation is gradually becoming apparent. Industry insiders predict that before the supply-demand relationship improves, domestic coking coal prices are expected to rise steadily in the near future.

Ferroalloy prices are mainly rising

Last week, the market price of ferroalloys mainly rose. In terms of common alloys, the price of ferrosilicon rose sharply, the price of silicomanganese rose slightly, and the price of high-carbon ferrochromium stopped falling and stabilized; in terms of special alloys, the prices of vanadium and ferromolybdenum rose slightly. Specifically:

Shagang's May bid price for ferrosilicon is 7,800 yuan/ton (including tax and acceptance to the factory price), which is an increase of 500 yuan/ton to 550 yuan/ton from the end of April; the first round of inquiries for the May ferrosilicon bid by Hegang Group is 7,500 yuan /Ton, the price has not yet been finalized. At present, the dual energy consumption control policy is expected to boost market confidence to a certain extent, and it is expected that the ferrosilicon market will operate steadily and strongly in the short term. Last week, the price of silico-manganese rose and traders increased their enthusiasm for purchasing. With the expectation of electricity in the future, the silico-manganese market is expected to operate stably and strongly in the short term. The supply of resources in the high-carbon ferrochrome market has not yet seen a loose situation. The prices of raw material chrome ore and coke have risen. The high-carbon ferrochrome production companies mainly deliver orders from steel mills. The low-price reluctance to sell has increased, and it will be stable in the short term run.

Last week, the rising atmosphere in the domestic vanadium market gradually increased, affected by the steady increase in the prices of various vanadium products. The spot vanadium is in short supply, the quotations of bulk cargoes have been raised in a large range, and the low-price supply of vanadium in the ferro-vanadium market has decreased. Affected by cost-driven price increases, vanadium-nitrogen alloy manufacturers are not in a hurry to sell, and the supply and demand sides are temporarily stalemate. It is expected that the market will rise steadily in the near future. The domestic ferromolybdenum raw material market continues to be hot, and the price of molybdenum continues to rise. Molybdenum concentrates from mines in Henan, Jilin, Jiangxi and other regions are shipped in large quantities, and downstream molybdenum companies are actively replenishing raw materials. The ferromolybdenum market has performed well and the price of ferromolybdenum has risen steadily. Ferro-molybdenum manufacturers place orders for production, and the sentiment of reluctance to sell is strong.