The profits of steel enterprises have rebounded, helping the liquid oxygen market to run better
Release Time:
2019-04-25
Recently, steel prices have been rising actively. As of February 23, the average closing price of the domestic steel billet market was 4,050 yuan/ton, an increase of 122 yuan/ton compared with the same period last week, and a month-on-month increase of 3.11%. Affected by the positive macro expectations, the overall performance of the steel market is positive, and the superimposed futures market has strengthened, and the market trading activity has increased, supporting the rise of steel products.
As of February 23, the average closing price of the domestic billet market was 4050 yuan / ton, up 122 yuan / ton from the same period last week, an increase of 3.11%. Affected by macro expectations, the overall performance of the steel market is positive, superimposed on the strengthening of the futures market, and the market trading activity has increased, supporting the rise of steel.
In addition, according to the data monitoring of Zhuochuang Information, the profit of the steel mill was 74 yuan / ton by the 24th, and after the profit of the steel mill was repaired, the enthusiasm for starting work has increased. As of the end of February, the operating rate of blast furnaces in Tangshan was 89.04%, an increase of 1.22 percentage points from the end of the previous month. The current month's blast furnace run rate was 89.04% high and low at 87.8%. Steel enterprises gradually resumed the normal production rhythm, individual pre-maintenance blast furnaces resumed production, and the operating rate rebounded slightly. The enthusiasm of steel mills has increased, and the demand for liquid oxygen has been strengthened.
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