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What is the relationship between hot rolled plate price and rebar price?
First, energy conservation and emission reduction. The supply of billet in Hebei is tight, the supply of thread in steel mills is reduced, and some areas are even out of stock.
Second, demand. At present, the demand for outstanding talents is better than that of flat-panel products, which is affected by the volume of transactions, resulting in weak hot coils.
3. Futures. Market confidence is different, and now thread futures are definitely rising faster than hot coils. Reflected in the spot, the thread has risen rapidly.
Fourth, steel mills. Due to the relationship between cost and supply, the ex-factory price of thread has been rising steadily; Not a hot roll.
5. Inventory. Based on one, two and four, thread destocking is faster.
Sixth, the mentality of traders. Why do you ask? You don't have any firm confidence in hot coils. Do you still want to raise the price?
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