The Peoples Bank of China announced on February 23 that in order to maintain a stable liquidity at the end of the month, the Peoples Bank of China conducted a 7 -day reverse repurchase operation of 247 billion yuan on the day of interest rate bidding, with a bid interest rate of 1.80%.Since the 92 billion yuan reverse repurchase expiration today, the open market achieved a net investment of 155 billion yuan.
Todays open market operations of the central bank converted to net launch, reflecting the flexibility of the central banks open market operation, and release positive signals that continue to maintain reasonable liquidity.The subsequent central bank is expected to operate flexibly according to the short -term disturbance factors of funds to ensure that the liquidity remains reasonable and abundant, unblocking policy transmission. At the same time, it forms a joint force with active fiscal policies to escort the continuous restoration of the economy.
This has an important role in boosting the stability and development of the entire economy. Stable confidence in the stability and risk control of real estate, while promoting the flow and adjustment of the steel industry.In the winter of the specific steel industry, we can see that although confidence is frustrated, the fixed force of the industry is still stable.
Recently, Tangshan City issued a notice on the "Tangshan City 2024 Key Project Plan".54 items.As one of the important cities of my countrys steel industry, Tangshan has such a powerful project planning at the beginning of the year. Will it boost the development of the steel industry?With the active promotion of various policies, in 2024, from the perspective of downstream demand, as the construction of the "three major projects" continues to advance, it will benefit the real estate market, but the market confidence will still take time.
After the Spring Festival, the steel market is affected by the strong expectations of the steel market, driving the price of steel to rise rapidly. But market confidence is insufficient, and terminal demand is still stagnant, and the spot market quotation has begun to reduce.Under the dual pressure of steel high inventory and steel mills, the power production power of steel mills was insufficient, and the rhythm of the re -production of blast furnaces slowed further. This week, the weekly output of the nut has declined, and the inventory and social inventory of the plant continued to increase.Lack of demand support, the spot price of threaded steel will rebound.It is recommended to maintain a reasonable inventory and wait for the timing.
This years main downstream industry steel demand continues to differentiate, and there are incremental reduction in the reduction .Among them, the demand for construction and mechanical steel has declined, and the demand for steel, home appliances, ships, containers, and energy for energy has increased.Generally speaking, the demand for steel in my country in 2024 will drop slightly by 1%year -on -year.In the future, the steel industry urgently needs to further accelerate the pace of product structure adjustment to achieve a dynamic balance of supply and demand for higher levels.
During the re -production process that starts after the year, the steel market is not sensitive to the price of the spot, and the fluctuation range is not large. Steel manufacturers are currently in the weak recovery stage.The demand is not urgent. The raw material inventory a few years ago was relatively sufficient. Recently, the raw materials end fell rapidly and pulled back; after many days of decline, the valuation has gradually matched the fundamental aspect;It is rumored that the hype was affected, and the supply of supply has tightened expectations, and the price is the first to rise.
The current iron water will not rise and fall, and the pressure of the furnace material is one aspect, but from the perspective of disk profitsCan fully reflect.After the Lantern Festival, downstream demand has been launched one after another.The current steel price is low, which helps to increase the willingness to replenish downstream databases. The possibility of phased supply and demand mismatch does not rule out at low output.
Comprehensive analysis of the Sinosteel Network Information Research Institute, macro policies expect that the price of the price of materials will not affect marginalization.Coking coal supply reduces production and supports the price of materials.During the holidays, the inventory continued to accumulate the library, and the absolute value was higher than the same period of the lunar calendar last year.From the seasonal perspective, the inventory of the next two or three weeks will continue to accumulate, and the possibility of the inventory peak exceeds last year.The coal coke is strong and the policy of the two sessions is expected to support the price.The demand for the peak season of materials is the main decisive factor of the price of the materials.
The development of the industry depends on the common role of policies and needs.The steel industry is currently in the deep adjustment cycle and reflected in many aspects of structural adjustment.Including variety structure adjustment, energy structure adjustment, resource structure adjustment, process structure adjustment, industrial structure adjustment, etc. The short -term price or weakness will be a deep memory in the industry, and this piece has accumulated the historical long river of the steel industry, and it will also bring the prosperity of the steel industry again.
