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SouthAfricaB2B.co.za - SteelHome Spring Report: Review on 2018 China HRC Market and Forecast, Product by Shanghai SteelHome E-Commerce Co., Ltd
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SteelHome Spring Report: Review on 2018 China HRC Market and Forecast

Shanghai SteelHome E-Commerce Co., Ltd
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SteelHome released the annual reports of major steel and raw materials products. The subscription of each report is 1000 US dollars. Please have a look at the SUMMARY and OUTLINE below and contact Tina at tina. tong@steelhome. cn or 0086) 21 50585733 if you are interested in subscription.

Summary

In the first half of 2018, China HRC market price went down and then headed up. The performance of the second half of the year obviously weakened, especially in November where HRC market price slumped. In the first quarter of 2019, China HRC market rose amid vibration.

From the perspective of the late market, the acceleration of infrastructure investment will drive the increase of hot rolled coil demand. In the second half of the year, especially in the fourth quarter, with the new capacity putting into production, HRC market supply will be under pressure.

It is predicted that China’s hot rolled coil market price will rise amid vibration in the second quarter of 2019. In the third quarter, the price will fluctuate overall. In the fourth quarter, the price will face greater downward pressure. It is expected that HRC market price will be run within 3,500-4,400 yuan per tonne in 2019. Take Shanghai market as an example, we estimate the annual average price of hot rolled coil is around 3,900 yuan per tonne, which is about 200 yuan per tonne lower than that in 2018.

Outline

I 2018 Review

1.1 HRC price change in major markets since 2018

1.2 HRC market inventory and mills’ inventory since 2018

1.3 HRC output, supply, import and export during 2012-2018

1.4 HRC production capacity distribution in 2018...

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Offered by: Shanghai SteelHome E-Commerce Co., Ltd (View Showroom, Create your own Showroom)
Place of Origin: China (More Products from China)
Stock Location: China
Quantity: Not Specified
Packaging: Not Specified
Price: Not Specified
Product Seller Classification: Base Metals & Articles - Iron & Steel
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