The America steel market is likely to show a mixed upward and downward trend In January, 2019

Flat steel: The market steel price has obviously declined. In the United States, the factory price of hot rolled steel coil at the end of the year was $820 per ton, down by $20 per ton from the beginning of the month. The ex-factory price of cold rolled steel sheet coil was 945 US dollars per ton, down 15 US dollars per ton from the previous price. The ex-factory price of standard heavy steel plate is US$1115 per ton, up by US$5 per ton. On the import side, the import price of hot rolled steel coil in the United States was 745 US dollars per ton (CIF), down 35 US dollars from the beginning of the month. The import price of rolled coil is 900 US dollars per ton, down 20 US dollars per ton. The import price of standard heavy steel plate was 915 US dollars per ton, down 20 US dollars per ton.

Long steel: market steel prices are rising steadily. In the United States, the price of threaded steel has been stable for several months, and the price has remained between $710 and $720 per short ton. Industry insiders said that the current base price of No. 4 thread steel is 710 US dollars / short ton, No. 5 thread steel is 690 US dollars / short ton, No. 6 thread steel is 685 US dollars / short ton. Although there is some oversupply at the end of the year, the base price is likely to rise in the coming months. Some people in the central and Western markets said that scrap prices have dropped recently, but according to the current situation, I think domestic steel mills still plan to raise prices in the first quarter of next year. In Mexico, Deacero, a steel company, said in a bulletin sent to local media that it planned to raise the price of threaded steel to domestic dealers from January 8, 2019. Relevant people in the enterprise said that due to rising production costs and rising raw material prices in the international market, price adjustment is imperative, of course, the depreciation of the Mexican Peso against the US dollar is also one of the factors. Deacero will raise the domestic price of No. 42 threaded steel by 1,300 pesos per ton ($65.1 per ton). Some market participants said that other Mexican steel mills are expected to raise their prices in January 2019.

Brief Measure: According to the operation situation and the basic situation, it is expected that there will be a trend of fluctuation and rise in the American steel market in January next year.