Steel price even rise 14 weeks rebar broken psychological expectations

Every reporter Zhouxiaofang from Beijing in 4 trillion investment pull, the construction of steel rebar at one stroke to break people's psychological expected price of 3700 yuan/ton, reached 4000 yuan/ton.　　As of July 20, the Beijing market 25mm rebar price of 4090 yuan/ton, the same period last week, rose 110 yuan/ton, up 370 yuan/ton over the same period last month, jumped over the year high, nearly October 10, 2008 national average prices of 4091 tons. Industry insiders said the price increase stems from 4 trillion investment in steel demand for strong pull. However, it is surprising that steel prices rose so fast that it was in the traditional off-season month to create a new year, and reached the average level of steel prices last year. Shanghai Su Tan Building Materials Co., Ltd. Marketing department general manager?　　N said that the current price increase is mainly by the steel mills by way of price promotion. According to the monitoring data, this round of price increases since the start of April has lasted 14 weeks. In early May, building materials for the leading products of small and medium-sized steel enterprises slightly exploratory to increase the factory prices, large and medium-sized steel companies to adjust the start of June, but compared with the previous amplitude, price adjustment by 100 yuan or below, continued to August ex-factory price am maximum to 500 yuan; in particular, Baosteel, Baogang, Hebei　　Led a group of small and medium-sized steel mills with the rise. According to the latest report of "My Iron and steel", the overall supply and inventory of the domestic flat materials are at a high historical level.　　Domestic hot-rolled steel mills operating rate has reached more than 90%, August order prices all to 4000 yuan per ton. The increase in steel costs is expected to be one of the main reasons for driving up steel prices. Lange Steel analyst Li Chian said into the July, the annual iron ore price negotiations have passed, but Cisa and the three major mining companies still failed to reach the final Chang, by the iron ore negotiations, the price of imported iron ore spot ore prices in the short term rose more than 100 yuan/ton, as a driving factor in the rise in steel prices.　　And the Rio Tinto "spy case" is more for the future of iron ore price formation of uncertainties. Industry analysis, the current round of rapid growth in prices, price risk is also accumulating. First, the cycle has exceeded the steady growth of the economy, and the second is to sell into the traditional off-season.　　Industry insiders said the market is now close to normal callback time. According to the Monitoring survey data, July 6, 2009 to July 10 13 varieties price manufacturers upside down, than last week to increase 6 varieties, reflecting the continuous increase in steel mills factory prices, the market price has been difficult to follow up in time.