Mysteel survey data shows that of the 10
construction steel sample steel mills in Henan region that were counted, 5 steel mills overhauled and reduced production this week, and 5 steel mills completely stopped production. Judging from the output data, the total daily output of construction steel from the 10 sample steel mills in Henan is 13,900 tons, a decrease of 0.2 million tons from the same period last week. Among them, the daily output of thread is 08,500 tons, the daily output of wire coil is 50,400 tons, the daily output of building materials affected by overhaul / restriction is 45,100 tons, and the capacity utilization rate is only 23%, which is 3% lower than the same period last week.
In terms of
steel plant inventories, the total construction steel inventories of the 10 sample steel mills in Henan are currently calculated to be 688,000 tons, a decrease of 24,000 tons from the same period last week. At present, the construction steel inventory of some long-flow steel plants in the province has exceeded the capacity of the warehouse in the factory. Although logistics transportation in many areas of Henan Province has been gradually resumed, and steel mills continue to ship to the market, the overall shipment volume is still relatively limited. Therefore, in the short term, steel mills are still under pressure to continue to accumulate warehouses.
On the whole, due to the shortage of personnel, the resumption of construction sites in the lower reaches of Henan is still relatively slow, resulting in a slower digestion of
construction steel resources than expected. Therefore, the short-term inventory of some steel mills is still under great pressure, which has continued to have a significant impact on the production plans of the steel mills this month. It is reported that some steel mills have discounted their planned volume this month, and even a few steel mills have no plans to resume production this month. However, as some construction sites resume one after another, their demand will gradually be released. It is expected that the short-term construction steel stocks in the plant will show a downward trend.