On August 12, wisco issued "part of the product sales price adjustment policy" in September, hot rolling, rolling, pickling, cold plate, steel coil, hot dip galvanized, electric galvanized, painted and other main varieties price increase 80-130 yuan/ton. Wisco sheet factory price from August steady rise to the increase in September, suggests that the bullish on peak season demand, will further boost hong kong-listed confidence.

In July, the industrial added value increased by 9.7% as compared with the actual, 0.8% faster than June, terminate the growth of two consecutive decline, rebound trend is obvious. However, due to energy saving subsidy policy exit and off-season market, the domestic home appliance consumption growth, the demand for cold rolling is a larger impact. Bureau of statistics data show that total retail sales of domestic household appliances and audio-visual equipment in July of 54.7 billion yuan, up 7.5% year on year, growth is down 4.2% last month, the year for the first time back to single digit growth. In addition, ZhongQi association, according to auto production completed in July 1.5833 million and 1.5163 million, continuous in April, but relatively stable year-on-year growth.

At the same time, the domestic main city hot rolled destocking than cold rolling. Steel mesh according to my survey, as of August 9, 4.1758 million tons of hot-rolled social inventory across the country, for ten consecutive weeks slipped, and cold rolled social inventory of 1.634 million tons, three consecutive weeks from march, showed signs of recovery.

The latest monitoring shows that as of August 9, 2013, I studied experimentally steel net index of 103.18, up just 0.7% since July; And I steel net thermal volume index of 129.44, up 4.48% since July. Because of the hot rolling demand is relatively strong, wisco factory price rise in nearly two months of cold and hot rolling large difference, hot-rolled prices have raised 310 yuan/ton, cold plate prices have raised 180 yuan/ton.

As wisco sheet first raised in September ex-factory price, expected late baosteel, anshan iron and steel and other major steel mills will also raise steel prices. As a result of high temperature power brownouts, crude steel production in the year low, coupled with raw material prices continue to rise, such as iron ore, steel billet steel social stock is low, further support steel prices. However, given the weak consumption of household appliances, and the hot weather continues, cold-rolled prices or consolidation in the short term, hot-rolled prices stabilised, benefit from manufacturing or consolidation strong trend.