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The pig iron market price continued to rise this week, and the transaction was weak. The price of the main producing areas is as follows: iron L8-L10 Linyi up 20 yuan/ton to 3390 yuan/ton, Linfen up 30 yuan/ton to 3410 yuan/ton; Cast iron Z18 Linyi rose 20 yuan/ton to 3590 yuan/ton, Linfen rose 30 yuan/ton to 3610 yuan/ton; Ductile iron Q10 Linyi rose 50 yuan/ton to 3680 yuan/ton, Linfen rose 30 yuan/ton to 3580 yuan/ton, cash including tax. Second, domestic pig iron market analysis of the main producing areas East China: this week East China market pig iron prices rose in a narrow range, the transaction is generally weak. At present, Linyi market steelmaking pig iron L8-10 mainstream reported 3390 yuan/ton, up 20 yuan/ton from last week; Linyi cast pig iron Z18 reported 3590 yuan/ton, up 20 yuan/ton from last week, Changzhou cast pig iron Z18 reported 3660 yuan/ton, stable from last week; Linyi ductile iron Q10 mainstream offer 3650 yuan/ton, up 50 yuan/ton from last week, Changzhou ductile iron Q10 reported 3570 yuan/ton, stable from last week, the above are cash including tax. This week, the second round of coke increase fully landed, the cost of raw materials increased again, pig iron prices continue to passively push up, but with the price continues to move up, the downstream acceptance of high-price resources is limited, and the price ratio of scrap steel is higher than pig iron, the transaction is only a small number of just need.
At present, coke is still expected to increase, but downstream demand continues to be depressed, pig iron prices rise or limited, so it is expected that next week East China pig iron market prices will still be strong operation. North China: This week, the price of pig iron in North China continued to rise, now Linfen casting pig iron Z18 quoted 3610 yuan/ton, up 30 yuan/ton from last week, Wu 'an ductile iron Q10 quoted 3600 yuan/ton, up 50 yuan/ton from last week, Linfen ductile iron quoted 3580 yuan/ton, up 30 yuan/ton from last week, Tangshan steelmaking pig iron L8-10 offer 3140 yuan/ton, stable compared with last week, the above are tax inclusive prices. In terms of the market, the second round of coke ups and downs, raw material costs continue to increase, boosted by this generally pull up business quotes, but the downstream demand is limited, the overall transaction has slowed down. At present, coke is still expected to increase, continue to support pig iron prices, but the downstream increase in waste, lack of demand for pig iron, pig iron prices are limited, so it is expected that the North China pig iron market will continue to operate strongly next week.
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