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China Factory Hot-dip Galvanized Steel Coil Price Trend

Mar 07, 2024


China Q195 Dx51 Hot-dip Galvanized steel Coil Price Trend

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Part I: galvanized steel some knowledges 

 

Hot dip galvanized steel Q195 coil often abbreviated as HDG coil, which is hot selling product. Contact us for more GI price trend  details

 

1. What is Hot-dip galvanized steel coil?

 

Q195 Hot dip galvanized steel coil, often abbreviated as HDG coil, is a type of steel coil that has undergone a protective coating process known as hot-dip galvanization. This process involves immersing steel coils into a bath of molten zinc, which creates a metallurgical bond between the steel and the zinc coating.

 

The main purpose of applying a hot-dip galvanized coating is to provide excellent corrosion resistance to the underlying steel. The zinc coating acts as a barrier, protecting the steel from environmental factors such as moisture, humidity, and exposure to various chemicals. This makes hot-dip galvanized steel coils highly durable and suitable for applications in harsh or corrosive environments.

 

Q195 Hot dip galvanized steel coils find extensive use in a wide range of industries including construction, automotive, electrical, and manufacturing. They are used to produce various products such as roofing materials, automotive parts, electrical conduits, fencing, and many others that require long-lasting corrosion protection.

 

Overall, hot dip galvanized steel coils play a crucial role in extending the lifespan and enhancing the performance of steel products, making them a popular choice in industries where corrosion resistance is paramount.

 

2. What is Q195 Galvanized Steel Coil  Specification?

 

 

Grade

DX51D+Z, DX52D+Z, S250GD+Z, S280GD+Z, S320GD+Z, etc

Thickness

0.1-3.0mm (customize)

Width

900-1250mm (customize)

Length

as customer requirements

Coil inner diameter

508mm/610mm (customize)

Zinc coating

40-275/m2

Raw material

cold rolled base. (hot rolled base also available)

Technique

hot dipped galvanized steel. (electro also available)

Coil weight

3-8 tons

Tolerance

thickness +- 0.02 or +- 0.04, width +-5mm

Certification

CE, ISO9001-2008, SGS

Surface treatment

Zero spangle / mini spangle /regular spangle/ big spangle

Packaging

3 layers. kraft paper outside + water-proof plastic film in the middle + steel plate covered with strips outside

Landing port

Qingdao/Shanghai/Tianjin port

Delivery time

it takes about 10 days for stock goods, or it will need 15-25 days if goods need to be customized

MOQ

as customer needs. reminder: more quantity reduce your purchase cost greatly

Inspection

third-party test

 

 

 

3.What is the price trend of galvanized steel in China in 2024 ?

 

 

2023 deca-mao rabbit year, China's steel practitioners for galvanized steel market at the beginning of the year has different expectations, 2023 steel market has experienced many blows, hoping that in this year can "rabbit fly hard", also hope to be able to in this year, "big exhibition of grand rabbit! "However, the reality is not as expected. In recent years, the domestic long process steel mills continue to extend down the product, have layout coating products, the market competition pattern gradually intensified. 2024 hot rolled coil spread was once more than $425 /ton, the capacity utilization rate to maintain a high level, the downstream end consumption is not enough to help, the later galvanized coil price trend, this article will explore from the perspective of production and marketing.

 

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1)First, the macro-environmental factors

From the foreign factors, overseas debt and banking crisis has not yet appeared to ease the situation, the recession is expected to enhance, which will bring impact of the global steel financial system. At the same time, the U.S. interest rate hikes at the top, the emergence of interest rate cuts are expected, the global deflation is also expected to greatly increase, which will accelerate the economic environment downward, the pressure on the manufacturing industry and industry. Overseas financial recession transmission to the entity recession will continue, the risk of a substantial increase. At the same time, geopolitical conflict game, the divergence between economies will be intensified. In addition, the U.S. debt ceiling, the continued decline in the price of power coal, domestic deflationary concerns, the disappearance of the demographic dividend, the risk of municipal bonds, the extension of the accounts receivable period, the decline in the double coke there is still room (negative feedback is not over), etc., are in the mood to suppress the black commodity prices.

2)Second, plating heat spread is at a high level, and galvanized Metal still has room to fall

 

State-run large steel mills hot coil to galvanized steel average cost of about 750-800 yuan/ton, so galvanized - hot coil spread during this period is also the normal level. 2021-2023, the peak of the plating heat spread in May 2021, more than 1,300 yuan / ton. 2021, the plating heat spread of 700-1,300 yuan/ton; 2022 spread fluctuations in the range of 655-1079 yuan/ton. 2023, the plating heat spread of 700-1300 yuan/ton; 2022 spread fluctuations in the range of 655-1,079 yuan/ton. 2023, the plating heat spread is still down. 1079 yuan/ton. 2023 January-April, the heat-plating spread is 650-900 yuan/ton, which belongs to the normal spread level. After entering May, the plating heat spread continued to climb, reaching a maximum of 1,020 yuan/ton. As of June 12, the spread in 958 yuan / ton. For the year, this spread already belongs to the high level, this kind of non-normal spread with the market demand continues to be falsified, will return to the market normal level, from the point of view of varieties of spreads, spreads still have a certain amount of repair space, the probability is that the price of galvanized to the hot rolled to see the same.


3)Third, galvanized steel mills are basically on the edge of profit and loss

 

Profit is an important indicator of the production enthusiasm of private steel mills. In recent years, more and more steel mills to join the production of galvanized coil, and galvanized coil competition has become increasingly fierce. The processing cost of hot coil to private galvanized is 500-600 yuan/tonne or less. From Mysteel data show that in 2021, the average monthly price of private galvanized in the north and the north of the mainstream hot coil settlement price difference of 645-921 yuan/ton, basically profitable every month, and even part of the monthly profit can reach 300 yuan/ton; 2022 spread of 510-863 yuan/ton, of which there are five months less than 600 yuan/ton; 2023 January-May, the spread of 547-668 yuan/ton, and only the price difference of 500-600 yuan / ton, and only the price difference of 500-600 yuan/ton. 668 yuan/tonne, and only May is higher than 600 yuan/tonne. From the data can be clearly seen, the current private galvanized coil production and utilization is extremely small, and even part of the early loss-making state. But from the point of view of capacity utilization, the current capacity utilization rate is still maintained at a relatively high level, such as if the production did not decline to some extent, the low profits of private steel mills will continue to be maintained.

 

 

From the galvanized three mainstream market regional spreads, 2023 June three mainstream market regional spreads are inverted. Taking the price of Shougang as an example, as of June 12, the prices in Shanghai, Tianjin and Guangzhou were RMB 4,940/tonne, RMB 4,980/tonne and RMB 4,900/tonne respectively. Shanghai-Tianjin galvanized spread upside down 40 yuan / ton, while Guangzhou galvanized price is lower than Shanghai 40 yuan/ton. Shanghai as the main inflow of galvanized coil, the price is more forward-looking. And in the current inventory situation, in the short term the regional spread anomaly will be maintained. Overall, Tianjin galvanized prices still have a certain downward space, but according to the current situation, the regional spread repair to the normal level, but also need time to wait.

 

Throughout the 2021-2023 galvanized coil turnover, the least amount of turnover during the Spring Festival. Demand is the litmus test of the market price, the demand for good or bad can also be intuitively reflected in the daily turnover. 2021, in addition to the Chinese New Year before and after the month, the rest of the month galvanized coil monthly average turnover of more than 20,000 tons. 2022, the industry's demand continues to shrink, the national turnover of galvanized coil in March more than 20,000 tons, the rest of the month fluctuations in the 15-18,000 tons, most of the month to keep in the 16,000 tons or less. Into 2023, we can clearly see that the volume of galvanized coil volume remains at a low level. Specific data, galvanized average daily turnover in May was 17,026 tons, down 14.75% from March. If the turnover in 2022 is attributed to the epidemic, and 2023 after the optimization of anti-epidemic measures, the turnover in January-June can clearly reflect the real demand situation in the market. In the process of market price decline, terminal purchasing is more and more cautious, and purchasing always needs several times of deliberation. Therefore, in the face of poor market turnover and falling market prices, the confidence of market merchants has been seriously undermined.

 

General Administration of Customs data show that in April 2023, China's total exports of the galvanized sheet (strip) totaled 1,099,100 tons, a month-on-month increase of 14.83%, a year-on-year increase of 68.85%; in January-April 2023, China's total exports of galvanized sheet (strip) totaled 3,589,900 tons, a year-on-year increase of 31.10%.1-4 months in 2023, galvanized sheet and strip export performance was relatively Bright, especially in April, when galvanized sheet and strip exports increased by more than 68% year-on-year.

 

In the current downstream demand is difficult to have a significant improvement in the basis of price changes in raw material costs, directly affecting the lower end of the price of galvanized sheet coil. From the varieties of spreads, the galvanized sheet metal coil in June rose significantly less than the upstream raw material hot rolls, but the spread is still maintained at a relatively high level, short-term spreads or will continue to maintain. And from the mindset, the recent market mentality due to stronger futures have some improvement, but the actual demand is still to be confirmed by reality. The current supply of galvanized coil remains at a relatively high level and will continue to be maintained in the short term. From the export side, the export data of galvanized sheet and strips in 2023 performed more brightly and also reduced pressure for domestic trade. Later on, we need to pay attention to the recovery speed of demand, the production change of steel mills, and the digestion speed of inventory. The overall galvanized sheet coil will also follow the raw material hot coil prices and fluctuations, it is difficult to get out of their own independent market in the short term.

 

 

1)Market: During the National Day, coated sheet coil prices in all regions of the country showed a stable trend, most of the country's market galvanized and color-coated sheet coil prices remain consistent with the pre-holiday period, a small portion of the market traders have pressure on inventories, there is a dark drop in the case of walking away from the goods. The current market purchasing sentiment is poor, for the post-holiday market trend is that the possibility of a big rise or fall are not likely, or will remain a stable trend.

2) Supply: state-run steel mills during the holiday period of normal production, maintenance of the situation in the early days, the current end of the order situation is better, so the production situation is normal. It is reported that in the northern state-run steel mills in October, the proportion of general material placement is still low, and the settlement price is high, traders' ordering enthusiasm is not strong. The private producers have about 4-5 days of maintenance time during the holiday season before the holiday has been stocked with spot inventory, so the impact on shipments is not great.

3) Inventory: from the feedback of the market inventory situation, after the end of this year's holiday market inventory increase is not obvious, mainly because the pre-holiday social inventory has been at a low level, coupled with the regional market to the local steel mills resources are mainly foreign resources shipments less, so the inventory although there is an increase, but there will not be too much pressure, I believe that the increase in post-holiday inventory will not produce a large impact on prices, compared with previous years, the price will not have a large impact on the market. A larger impact, compared with previous years will still show a low inventory trend.


Part II: Factors affecting Chinese steel prices

 

 

Through the in-depth analysis of the historical trend of Chinese steel prices and the factors affecting them, we can see that steel prices are affected by raw material prices, policies and regulations, the international market, and other factors. In the future, with the industrial restructuring and changes in the international market environment, steel prices will face new challenges and opportunities. Therefore, the relevant industries and investors need to pay close attention to market dynamics and make corresponding strategic adjustments to cope with the changing steel market.

 

As a pillar product of basic industry, steel has a wide range of applications in construction, transportation, manufacturing and other fields. Its price fluctuations directly affect the cost and profitability of related industries. Part I: The impact of raw material prices

 

1.1 Iron ore price fluctuations

 

 

 

Iron ore is one of the main raw materials of steel, and its price fluctuations directly affect the production cost of steel. The supply and demand relationship in the international iron ore market, changes in production and adjustments in international trade policies will have an important impact on iron ore prices.

 

1.2 Changes in coke prices

 

 

Coke is an essential fuel and reducing agent in the steelmaking process, and its price fluctuations will directly affect the cost of steelmaking. Factors such as Coke's production capacity, raw material prices, and production costs will affect its price.

 

1.3  The impact of nickel, chromium, and other alloy raw material prices

 

 

Alloying elements have a vital impact on the characteristics and performance of steel, and the price fluctuations of alloy raw materials will directly affect the production cost of special steel.

 

The second part: the impact of policy regulation on steel prices

 

2.1 Government macro-control policies

 

The Chinese government guides the development of the steel industry through macro-control policies, including capacity adjustment, environmental protection requirements and other policies, the adjustment of these policies will directly affect the supply and price of steel.

 

2.2Changes in trade policy

 

 

Changes in international trade policy will directly affect the steel export market and prices, especially for steel anti-dumping policies and trade dispute resolution.

Part III: the impact of the international Hot Dipping Galvaning market

 

3.1 Hot Dipping Galvaning market Global economic situation

 

 

Changes in the global economic situation will have a direct impact on the demand for steel, economic recession, steel demand declines, and prices are suppressed; in economic growth, steel demand rises, and prices may rise.

Global steel economic situation:

 

With the development of the global economy and booming international trade, the steel industry plays an extremely important role in the global economy. The following are the main features of the global steel economic situation:

 

1) Overcapacity and supply and demand

 

 

Globally, there is an overcapacity in steel, which has led to intense market competition and downward pressure on prices. Especially in some emerging economies, the steel industry has been expanding its capacity too fast, leading to an imbalance between supply and demand.

2)  Trade protectionism and anti-dumping policies

 

With the rise of trade protectionism, many countries have adopted a series of anti-dumping policies to restrict and impose high tariffs on imported steel. This has affected the free flow of global steel trade to a certain extent.

 

3)  Technological innovation and industrial upgrading

 

The steel industry has carried out continuous technological innovation and industrial upgrading on a global scale to improve production efficiency, reduce environmental pollution, and lower costs. The application of new steel materials and production processes continues to drive the development of the steel industry.

 

4) Environmental pressure and sustainable development

 

The steel industry is under pressure from environmental regulations and public opinion to adopt more environmentally friendly and sustainable production methods. Energy saving, emission reduction, and resource recycling have become an inevitable trend in the development of the industry.

 

5) Influence of geopolitical factors

 

Geopolitical tensions, international trade disputes and other factors will also have an impact on the global steel market, for example, the adjustment of tariff policies and changes in the international trade system may have a direct impact on the steel industry.

 

Overall, the global steel economic situation is full of challenges and opportunities. While coping with the problems of overcapacity and environmental protection pressure, the steel industry is expected to realize sustainable development through technological upgrading and innovative development and make positive contributions to the stability and development of the global economy.

 

3.2 Supply and Demand in the International Steel Market

 

The supply and demand situation in the international market is also an important factor affecting steel prices. Prices in the international market tend to be low when there is global overcapacity, while prices may rise when supply is tight.

International steel market supply and demand situation:

 

1. Supply

 

The supply situation in the international steel market is influenced by a number of factors:

 

Capacity levels: There are a large number of steel producers globally and their capacity levels have a direct impact on the ability to supply the steel market. Some countries have large steel industries, such as China, India and Russia, and their capacity has a significant impact on global supply.

 

Technology and Efficiency: Steel companies have different levels of technology and production efficiency, which directly affects their supply capacity. Companies with advanced technology are able to produce steel in a more efficient manner, thus gaining a competitive advantage in the market.

 

Raw material supply: The steel industry has an extremely high demand for raw materials, especially iron ore and coke. The stability of the supply of raw materials directly determines the stability of steel production.

2. Demand

 

The demand situation in the international steel market is also influenced by a number of factors:

 

Global economic situation: The growth rate of the global economy, consumption level, etc. directly affects the demand for steel. When the economy is booming, construction, transportation, manufacturing, and other industries have strong demand, and the steel market is active.

 

Infrastructure investment: Infrastructure projects on the steel demand is extremely huge, especially in emerging markets and developing countries, infrastructure construction promotes the direct pull of the steel market demand.

 

Industrial manufacturing demand: steel is an important raw material for the manufacturing industry, the prosperity of the industrial manufacturing industry will contribute to the growth of demand for steel market.

 

International Trade Policy: Changes in trade policy will affect the international trade flow of steel, supply and demand.

 

Environmental regulations and sustainable development: Strengthening of environmental regulations and increasing awareness of sustainable development will bring adjustments to the high energy consumption and high pollution steel industry, which may affect market demand.

 

Overall, the supply and demand situation in the international steel market is an interactive and dynamic process, which is affected by a combination of economic, policy and technological factors. Therefore, relevant practitioners in the steel industry need to pay close attention to the changes in these factors and flexibly adjust their strategies to cope with the ever-changing market situation.

Conclusion:

 

China's steel prices are affected by a variety of factors, including raw material prices, policy regulation and the international market. Industry practitioners and investors should pay close attention to the changes of these factors and flexibly adjust their strategies to cope with the unpredictable steel market. At the same time, the government, enterprises and market participants should also work together to establish a sound market supervision system to ensure the stable development of the steel market.

 

 

Part IV: The q195 galvanized steel market situation in each region is as follows:

1) East China Region

 

Shanghai coating: market, today Shanghai galvanized and color-coated coil market most of the merchants have not yet work, basically to work tomorrow. Price, it is reported, that Shanghai galvanized and color-coated plate volume market price is basically the same as before the festival, galvanized, as of the press release, Shanghai galvanized mainstream steel mills Bensteel 1.0mm price of 5100 yuan/ton, due to the current market most of the merchants are still in the state of holiday, basically no transaction, a small number of feedback has been to work the past two days of galvanized and color coated plate volume market overall turnover on the low side; color coated, the Shanghai market color coated board Color coated, Shanghai market color coated plate coil market price after the festival and before the festival flat, 0.5mm Baosteel price 7000 yuan/ton, MaGang 6030 yuan/ton. Inventory, it is reported that, the Mid-Autumn Festival and National Day holiday period, Shanghai galvanized and color-coated sheet coil inventory is expected to increase by about 10,000 tons, the total inventory of about 326,000 tons, it is understood that the Shanghai market galvanized and color coated sheet coil is mainly to the inventory, out of the inventory is relatively small. Processing, according to market feedback, the Mid-Autumn Festival and National Day holiday period, warehouse processing orders on the low side, the two or three days to return to normal. Mentality, after the Mid-Autumn Festival and National Day holiday break, the market merchant inventory pressure than before the holiday or further increases, after the holiday market merchant operation to shipments to the library. From a comprehensive point of view, in the case of high inventory and market demand has turned slightly better, is expected after the festival Shanghai galvanized and color-coated sheet volume or will be narrowly oscillating operation is given priority to.

2) Boxing coating:

during the National Day Boxing coating market prices overall before the holiday had a certain decline, including color-based galvanized fell 10-20 yuan/ton, color coated sheet coil fell about 20 yuan/ton. Specifically, with color-coated plate coil 0.3mm * 1000 specifications, the market mainstream transaction price is at 4730 yuan/ton; with color base galvanized 0.35mm * 1000 specifications, the market mainstream cash transaction price is at 4060 yuan/ton. During National Day most of the coating and plating production enterprises there is a holiday, large and medium-sized enterprises have a holiday 3 days is the mainstream, part of the small enterprises holiday of 4 days or even longer. Most of the goods shipments from the steel mills in the 1st -3rd stopped sending, and the 4th began to resume shipping, but the shipment is limited. Production, during the holiday period, some enterprises galvanized production line normal maintenance, 2-3 days after the resumption of production, currently running smoothly. Overall, the National Day during the coated market performance was flat, during the first half of the holiday most of the enterprises spent on vacation, the latter part of the resumption of work, and normal downstream units started work with enough material for production needs, not in a hurry to buy. For October's coated consumption, steel mills believe that there will be a small increment compared to September, but according to the September production and sales rebound, the range is expected to be limited.

3) Suzhou coated:

Suzhou coated market is still mainly stable, the National Day merchants are all closed, manufacturers continue to production, shutdown maintenance situation is relatively small. It is understood that the galvanized coil Zhangjiagang Wanda 1.0mm is priced of 4530 yuan/ton, and color coated coil Suzhou crown King 0.47mm is priced of 5000 yuan/ton. Steel Policy, October 1, Zhangjiagang Wanda galvanized coil ex-factory price of 5000 yuan/ton, flat compared with the previous period; color coated coil ex-factory price of 5470 yuan/ton, flat compared with the previous period. Among them, the galvanized coil ordering discount is RMB 480/ton, the overall change is relatively limited compared with the pre-holiday period. Inventory, shipments during the holiday arrival relatively general, inventory has risen, but overall belongs to the controllable range; of course, manufacturers' inventory rise or relatively larger than the market merchants' arrival inventory. After the festival, the current cost supports, the price of moving down more difficult, at the same time, the downstream procurement wait-and-see mostly, coupled with rising inventories, its rise is also not possible. It is expected that the Suzhou plating market will continue to consolidate and wait-and-see operation.

 

4) Hefei galvanized:

 

Hefei market galvanized coil prices are mainly stable, 1.0mm Shanli offers 4740 yuan/ton. Part of the trader's offer basically maintain the pre-holiday offer level, the specific price adjustment needs to wait for tomorrow. According to trader feedback, the festival of downstream users purchasing enthusiasm is not very high, the overall market turnover situation is general. Inventory, the steel mills are still in a state of vacation, the market spot resources are less, the mainstream specifications are in a state of shortage, traders are not strongly willing to ship. Mentality, the market terminal demand has increased, but the increase is limited, the manufacturers of the recent market wait-and-see mentality.

Nanchang coated: during the National Day Nanchang market coated plate and coil prices are mainly stable. Galvanized, 1.0mm Shanli Xingye reported 4700 yuan/ton; color coated, 0.47mm Huaguan new material reported 6800 yuan/ton, Bazhou Jinghua reported 5550 yuan/ton, Tianjin Xinyu reported 5580 yuan/ton, 0.5mm Baohuang reported 6680 yuan / ton, some customers have a bargaining space of 10-20 yuan/ton. Market, traders generally have 3-4 days of holiday during the National Day, there is no big deal after the holiday, mainly to supply customers with urgently needed materials as well as sheet processing orders. Inventory is convenient, no new resources to the warehouse during the National Day, and the overall inventory declined slightly. In terms of mentality, according to traders' feedback, new construction projects are expected to decrease in October, and they are more pessimistic about the market, saying that they will consider continuing to reduce prices slightly if the market is not good after the holiday. From a comprehensive point of view, it is expected that after the festival Nanchang galvanized and color-coated sheet coil prices or continue to run shockingly.

5) North China

 

Tianjin galvanized: the eleventh holiday is coming to an end, traders have started work. Price, the current market national camp galvanized coil prices basically consistent with the pre-holiday, the big factory resources offer in 5060-5180 yuan / ton or so, while the small factory galvanized coil offer in 4500 yuan / ton or so. Transportation, it is understood that at present the steel mill shipments and merchants shipments is not a big problem, the warehouse is basically in normal operation, some merchants have entered the sale of goods in advance. Resource inventory, before the festival, some of the resources piled up in the factory warehouse, after the festival began to deliver one after another, the next week or a centralized delivery of the situation, the current statistics of social inventory of 40,600 tons, a reduction of 0.1 million tons before the festival, is currently in the lowering stage. Steel mills, it is understood that in October, in addition to the SG general material is still not put, the rest of the steel mills are basically in a normal put situation, in which TG currently said that varieties of steel to take orders is not good, to restore the normal amount of general material in the market, the agreement households are in accordance with the normal amount of agreement of 1,000-2,000 tons of ordering, but the traders have said that they are not too happy to order, or mainly the price of the previous period was too high, the current market acceptance Not high. Mindset, although the pre-holiday hot rolled futures have rebounded, but during the holiday period of inquiry transaction customers are less, coupled with the shorter sales time in October, merchants on the post-holiday market situation more cautious pessimistic mindset. It is expected that after the festival Tianjin market galvanized coil prices or will run in a narrow range of shock.

Tianjin color coated: private steel mills before the holiday downward guidance price, 0.5mm Beijing, Tianjin and Hebei guidance price of 5400 yuan / ton, so the price during the holiday period is stable. Steel mills see, because this year the overall market sales situation is poor, especially the project engineering funds are tight, so most of the steel production is not saturated. Mentality, the last holiday this year has ended, and this year the color coated plate coil domestic trade demand has been lukewarm, the overall sales volume compared with last year has been reduced, so the traders mentality is cautious. Raw material side, the current cold rolled base material price at 3840 yuan / ton, raw material cost support is not strong. It is expected that after the holiday Tianjin market color coated plate volume prices are stable operation, pay attention to the raw material side of the price changes.

 

6) Handan galvanized:

Handan galvanized during the holidays mostly in a state of rest, some traders began to return to normal work on the 6th, most of them began to work on the 7th. Price point of view, the state-run galvanized prices remain unchanged, now 3.0mm hot base galvanized at about 4,800 yuan / ton; private galvanized prices changed during the holidays, Rixin Wanli 1.0mm guide price fell 20 yuan / ton, now the guide price of 4,430 yuan / ton. Market shipments look, the market sales performance during the holidays is average, some steel mills feedback can not reach the balance of production and sales, so there are a few days of maintenance during the National Day. Market inventory to see, some arrivals during the holiday, according to incomplete statistics, now Handan galvanized inventory is about 40,000 tons, belonging to the medium level. Mindset, the market turnover performance is general, the overall demand is relatively weak, the business mentality is cautious. From a comprehensive point of view, it is expected that after the festival Handan galvanized coil prices are stable.

 

7) South China Region

Le from galvanized: 6 Le from the market galvanized coil mainstream resource prices in 4920-4960 yuan / ton, compared with the pre-holiday prices are basically flat. It is reported that most of the merchants in the market in 4,5 began to work officially, but the downstream users have not formally resumed work, the market is basically no transaction to speak of. According to business feedback, with the recent part of the steel resources to the market, coupled with the international crude oil into the downward channel, the businessman said that the official work after the holiday prices still have upward pressure. According to Mysteel research, the current market from the galvanized coil inventory of 348,000 tons, compared with the pre-holiday new 18,000 tons, the inventory increase is not large. Overall, Le from the price is still in the three mainstream market depression, lower than the Shanghai market 200 yuan / ton or more, is expected to Le from the market after the holiday galvanized sheet coil prices or will be stable and strong operation.

Fujian coated: during the National Day in southern Fujian market coated coil prices are mainly stable. Galvanized, 1.0mm reported flower 4520-4680 yuan / ton, no flower 4900-5000 yuan / ton; color coated, 0.47mm Fujian Kaijing reported 6800 yuan / ton, Tianjin Xinyu reported 5750 yuan / ton. Market, traders during the National Day generally No. 4 successive days of work, there is no significant transaction during the holiday, mainly suppliers are more pre-holiday processing orders delivery-oriented. Inventory, no new resources to the National Day period, the overall inventory declined slightly. In terms of mentality, according to traders' feedback, new construction projects are expected to decrease in October, and they are more pessimistic about the market, saying that they will consider continuing to reduce prices slightly if the market is not good after the festival. From a comprehensive point of view, it is expected that after the festival Minnan galvanized and color coated sheet coil prices or continue to run a small shock.

8) China Central Region

Wuhan coated: market traders resumed normal selling two days ago. Traders said that Huangshi Shanli can be normal shipments during the holiday period, and Guocheng and Panhua resumed normal shipments in the past two days. It is reported that the market price during the holiday period is basically consistent with the pre-holiday, Huangshi Shanli 1.0mm traders in accordance with the 4630 yuan / ton of steel mills to pick up, Yichang Guocheng 4650 yuan / ton, Panhua prices a little lower than 4570 yuan / ton, but also individual merchants there is pressure on the inventory, and therefore reduced prices for shipments. Settlement: the end of last month, the introduction of the settlement price, minus batch and other concessions after the minimum cost of 4600 yuan / ton, the businessman said that this price is still there will be a certain loss, but not much room for loss, basically guarantee the normal expenditure. Color coated: prices tend to be stable, Baosteel Huangshi 0.5mm 6500 yuan / ton, Tianjin Xinyu 0.476mm 5450 yuan / ton, basically consistent with the pre-holiday. Overall, the Wuhan market galvanized and color coated sheet coil over the holiday period is not much change, the production enterprises have a few days of shutdown maintenance, to digest the spot inventory, the overall inventory pressure in the market after the holiday is not big, or will remain stable operation trend.

Changsha galvanized: Changsha market galvanized coil traders most of the 3, 4 early to work, but from the point of view of the transaction in recent days is not optimistic, shipments are only about half of the normal level, the terminal enterprises are not fully back to work is a big part of the reason. In addition, logistics and transportation during the holiday period has been affected to some extent, but shipping is normal delivery, the current market inventory of large households in three thousand tons or so, small and medium-sized households in one or two thousand tons, the post-holiday inventory increment is not obvious, but also to a certain extent to reduce the pressure on the businessman's shipments. Market offer has not been adjusted, maintaining the pre-holiday 4700 yuan / ton or so, on the one hand, the steel mills guide price has not yet changed, on the other hand, the market has not yet entered the normal state of trade, so for the post-holiday market trends, the majority of traders to hold a temporary stable mentality.

9) Henan plating: Henan market during the double holiday part of the customers return to work on the 2nd, and part of the 6th return to work, the market trading atmosphere in the festival is general. Specifically, on the last day before the festival, the local galvanized producers ex-factory guide price of 4470 yuan/ton, and as of 17:00 yesterday afternoon, its price fell 20 yuan/ton, the guide price of 4450 yuan/ton. Merchants said that the pre-holiday market did not actively stock up, and this year's customers to take orders is not ideal, the festival market transactions are few. In addition, the market more than considers the October sales cycle is short, and after the market demand release is limited, merchants more to increase concessions, to deal with the main library, the market 1.0mm mainstream resources transactions can be as low as 4370-4390 yuan/ton. On the post-holiday market, prices may continue to run weak.

Southwest China

10) Chengdu galvanized: the holiday is coming to an end, and some traders start work 2-3 days in advance. The mainstream price of flowered galvanized in the Chengdu market is RMB 4,700-4,720, and the mainstream price of flowerless galvanized is RMB 5,200-5250/ton. With the pre-holiday prices flat. October Chongqing Wanda's base price is flat with the previous month, September settlement price and spot sales price are very close to the traders at the edge of profit and loss. During the festival, traders have been mentioning October agreement resources, the overall market inventory has increased but did not form a large inventory pressure. Recently, the market turnover performance is general, traders are mainly to stabilize prices. October is expected to continue to add zinc, aluminum, and magnesium production capacity, steel brand competition pressure increases, the market will gradually intensify the phenomenon of volume, and traders for the post-holiday market mentality is cautious.

Chongqing coated: the 11th holiday will be nearly over, and traders have resumed work. Price, market prices during the National Day to stabilize, but the actual transaction is less, most of the terminal enterprises for the aftermath of the market bearish mentality. However, limited by the cost of the reason, merchants in the post-holiday did not appear to obvious price adjustment, Chongqing Wanda 1.0mm mainstream offer in 4650 yuan/ton. Inventory of pre-holiday no significant change, before the holiday to a portion of the goods, but did not arrive during the holiday period, the transportation is not yet normal is expected to arrive in large quantities after the holiday. Mindset, the current downstream demand is slightly weaker, after the holiday market or will release part of the procurement demand, but will not last too long, so the merchants in the case of sufficient supply, the market mentality is more cautious, the operation of the transaction to go to the library. From a comprehensive point of view, after the festival, Chongqing galvanized sheet metal coil prices or slightly higher after stabilizing operation.

11) Northeast China region

Harbin galvanized: Harbin galvanized sheet metal coil market prices after the festival overall stable operation. Price, the market 1.0mm * 1000 * C Anshan Shenlong have flower galvanized 4540 yuan/ton, 0.5 * 1000 * C Anshan Shenlong color coated coil 5400 yuan/ton, some business feedback during the holiday inquiries quite a number of customers, most of the transaction there is a bargaining situation, bargaining space of about 10-20 yuan/ton. Market, by the pre-holiday hot coil futures plate strong influence, merchants more stable offer mainly, said while this rising market as much as possible shipments, in order to return funds to ensure that the order quantity next month. Inventory, as of the latest statistics, the current market galvanized coil inventory of 0.21 million tons, less than 0.01 million tons before the holiday. Turnover, the big players said that the two days after the holiday turnover in about a hundred tons, the rest of the time turnover is only a few pieces, and the overall turnover is at a low level. Mindset, affected by the weather environment, coupled with the market demand is not warm, businessmen are cautious and pessimistic mindset. Overall, it is expected that after the holiday Harbin galvanized sheet metal coil market prices will oscillate consolidation run.

12) Shenyang coating: during the holiday period Shenyang market coating prices remained stable, now 1.0mm * 1000mm * C SGCC Anshan Shenlong galvanized sheet coil for 4510 yuan/ton market offer, now the new Yu color coated coil 0.5 reported 5400 yuan/ton, Anshan Shenlong color coated 0.5 offer 5200 yuan/ton. Market, the market trading atmosphere is cold, due to the market's overall demand being limited, large feedback during the holidays turnover is also general, large daily turnover of about 200 tons. In terms of resources, the current manufacturers' spot resources are limited, so the market shortage situation is still unrelieved, waiting for the steel mills to deliver. Inventory, because the demand has not been effectively released, merchants' ordering enthusiasm compared to last year has decreased, and the current manufacturers' spot inventory remains at a low level. Mindset, in the face of the market supply and demand situation, turnover remains low, market sentiment is not high, and businessmen are cautious mindset. From a comprehensive point of view, it is expected that after the festival Shenyang market galvanized and color coated plate volume prices or continue to oscillate consolidation run.

13) Northwest China

Xi'an galvanized: prices are mainly stable during the National Day. According to market feedback, most of the 6th began to work. Inventory, during the holiday period, the steel mill shipments are normal, galvanized inventory is estimated at 0.9 million tons, color coated inventory is estimated at 0.89 million tons. In terms of mentality, traders believe that the recent market performance is flat, billet prices are down, and market confidence is insufficient. From a comprehensive point of view, the post-holiday Xi'an coated prices were a shocking trend.

Urumqi galvanized: galvanized prices in Urumqi during the holiday period ran steadily, and now the price of a 1.0mm galvanized coil is at RMB 4,940/ton. Resources, because the last three months have been the inflow of resources from the Jin steel, the market price is low, the local steel resources have a certain impact, now the Urumqi market has about 40% of the foreign steel resources. Inventory, although the current Urumqi market galvanized coil inventory is not high, about 12,000 tons or so, belonging to the normal low level. But the current has entered the month of October, as the more remote cities in Northwest China, the local selling time has very little left, and the market business mentality is cautious. From a comprehensive point of view, it is expected that the post-holiday galvanized prices in Urumqi run steadily, pay attention to Shanxi and Hebei and other places such as resource arrivals.

14) Lanzhou galvanized: National Day holiday Lanzhou market is basically in a state of closure, a few merchants began to work on October 5, but the basic downstream start fewer enterprises, are on-demand purchases, and turnover performance is general. Specific price: as of press 1.0 JISCO galvanized sheet coil price of 4980 yuan/ton. Inventory, it is understood that most of the merchants before the National Day stocking willingness is low, the market during the holiday resources have a small amount of arrivals, and the current Lanzhou market galvanized sheet coil social inventory is less than 3,000 tons, a significant reduction year-on-year. From the price point of view, the current Lanzhou market state-run steel galvanized price is much higher than the arrival price of foreign private steel mills, so the overall state-run steel sales pressure. Mindset, the market turnover performance is general, and the state-run prices are too high, the overall market mindset is cautious. From a comprehensive point of view, it is expected that after the holiday Lanzhou market galvanized sheet coil prices state-run private will appear a certain differentiation, and the overall price will continue to run at a high level.

 

Why does galvanized steel GI appear white rust and black spots ?


8 Reasons for galvanized steel GI white rust and black spots,Please look this Li Cheung Steel Video 

 

 

1. Poor passivation, insufficient uniformity of the thickness of the toughened film
2) The surface is not coated with oil
3) Residual moisture on the strip surface
4) Passivation is not complete Drying
5) Moisture or rain in transportation or storage
6)The finished product is stored for a long time
7) Galvanized sheet and other acids and alkalis and other corrosive media contact or storage together
8) White embroidery may evolve into black spots, but the black spots are not necessarily caused only by white embroidery, such as friction black spots.

 

 

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