The Market Environment Of The Grate Piece
Nov 05, 2023| At Present, The Market Environment Of The Grate Piece Has Improved Significantly
At present, the market environment of the grate piece is obviously improved, the contradiction of serious overcapacity is effectively alleviated, the high-quality production capacity is exerted, and the enterprise efficiency is obviously improved. In the first 11 months, the cost of scrap and energy purchases increased sharply year-on-year. With the decline in the price of grate bars after November, the company's efficiency has dropped significantly, and some enterprises' grate stocks have retreated to the edge of breakeven.
Today, the domestic market price of grate stocks continues to be in a state of consolidation and strengthening. From the overall domestic form, it is still dominated by the rise in the northern region, while other regions are mostly adjusted slightly. Due to the consolidation of billet prices today and the futures market also began to dive, it is expected that the market price of domestic grate stocks will be dominated by sideways.
As the holiday approached, the market sentiment became more and more chilling, and the transaction further turned weak. At the same time, the new resources of the steel mills will continue to arrive during the holiday season, which will further pressure the current circulating stocks that are already at a high level. Consider that the steel market performance around the Spring Festival is not very optimistic.

