Stainless steel output:

The national stainless steel crude steel output was 13.9485 million tons, +31.64% year-on-year; among them, Cr-Ni series stainless steel was 6.579.3 million tons, which was +24.47% year-on-year; Cr-Mn series stainless steel was 4.56 million tons, which was +29.62% year-on-year; Cr-series stainless steel was 2,863,200 tons. +56.13% year-on-year. Among them, in May, the national output of stainless steel crude steel was 2,780,700 tons, +18.07% year-on-year; among them, Cr-Ni series stainless steel was 1.513 million tons, year-on-year +27.34%; Cr-Mn series stainless steel was 790,200 tons, year-on-year -3.27%; Stainless steel was 477,100 tons, +36.39% year-on-year.

Iron ore imports:

A total of 471.765 million tons of iron ore and its concentrates were imported, +6.0% year-on-year, of which 89.79 million tons of iron ore and its concentrates were imported in May, -8.9% month-on-month and +3.2% year-on-year; iron ore from Australia and Brazil in May The shipping volume of stone has further increased, and the iron ore export volume of the four major mines has continued to grow. High steel prices have pushed global steel companies to accelerate the pace of production and strongly supported the maintenance of high iron ore demand. It is expected that in June, global iron ore demand will remain high, iron ore supply will continue to increase, and domestic iron ore imports will fluctuate at a high level.

Steel import and export:

A total of 30.924 million tons of steel products were exported, +23.7% year-on-year, of which 5.271 million tons of steel products were exported in May, a month-on-month -33.9%; a total of 6.097 million tons of steel products were imported, a year-on-year increase of +11.6%; of which 1.206 million tons of steel products were imported in May, a month-on-month +2.7 %; With the formal implementation of the new export tax rebate policy on May 1, the domestic steel export price advantage has been reduced, and the steel export volume has dropped sharply. It is expected that in June, my country's steel exports will fluctuate downward, and imports will continue to grow.

2nd week of June:

Inventory and transaction: The average daily transaction volume of construction steel increased this week to 909,800 tons, an increase of 7.75% month-on-month and -3.58% year-on-year; Decline to increase, up 2.7% month-on-month, and construction steel was the main item to increase inventory. It is expected that next week, with the widespread arrival of the rainy season in the south, demand for construction steel will be further weakened, and steel inventory will remain stable and slightly drop.

Market price: Iron ore. The price of iron ore continued to rise this week. The CIF price of 62% of imported fines rose to US$216.16 per ton, +8.53% from the previous month. Affected by domestic steel prices, it is expected that next week, iron ore Prices will maintain a high level of consolidation; scrap, the average price of scrap of 6mm or more scrap per ton in 45 cities in China is 3167 yuan, +6.83% from the previous month. In terms of international heavy scrap, North America has begun to make up the increase, and the price of heavy scrap per ton has increased by 48 compared with last week. USD, +11.5% month-on-month. Prices in Turkey and Europe have basically remained stable with a slight increase. East Asia and China have risen slightly. In the context of global low-carbon, high scrap prices will become the norm. It is expected that domestic scrap prices will increase next week. The volatility became stronger, and the international scrap price continued to rise slightly; steel, the price of eight major steel products this week entered a turbulent adjustment stage, the average price of steel per ton fell from 51.5 yuan to 5817.9 yuan compared with last week, a 0.88% month-on-month decrease, and seamless steel pipes led the decline , Ton of steel fell by 153 yuan, a month-on-month drop of 2.36%, and other varieties fell within 1% month-on-month; this week’s steel social stocks fell short of momentum, and the decline was limited, and steel mill inventories rose; on the other hand, iron ore prices at the raw material end again Rising, pushing up the cost of steel. It is expected that steel prices will continue to fluctuate and adjust next week, but they will run strongly.