Weekly overview of the raw material market (June 5th to June 11th)

Last week (June 5th to June 11th), China's domestic prices of major steel raw materials generally rose, iron ore prices continued to rise, and mainstream resources at various ports were still tight. Coke prices are relatively stable, and the market outlook is stable and weak. The coking coal market is mainly stable; the prices of all ferroalloys have risen. The price changes of the main varieties are as follows:
　　

Imported iron ore prices continue to rise

Last week, the price of imported iron ore continued to rise, and the price of external disks rose sharply. In terms of port spot, the arrival of mainstream fine ore is relatively small, and some steel mills with low inventories have a small amount of replenishment. Merchants are generally optimistic about the market outlook, and mainstream resources have a large increase; medium and low-grade resources have a large increase in the early stage and cost-effective Decrease, the increase is relatively small. In terms of ports, Tangshan Port has a large amount of card powder resources, and the shipping price is 80/ton~100 yuan/ton lower than Shandong Port. Last Thursday, an accident occurred at an iron mine in Shanxi. Shanxi Province issued a document requesting that non-coal mines in the province be halted for rectification. Market participants have raised their expectations for the future. While the operating rate of domestic steel mills remains high, the overall iron ore market is still strong, and the short-term fluctuations are still strong.
　　

The price of metallurgical coke is stable

Last week, domestic metallurgical coke prices remained stable, while prices rose in some areas. The regional metallurgical coke prices adjusted by the market in East China, North China, Northeast, and Central South are stable; the monthly pricing in Central and South China represents stable corporate prices; the monthly pricing in the southwestern half of the month will increase the purchase price of the first half of June by 240 yuan/ton. There are still a few steel mills temporarily Not clear. At present, the inventories of steel mills and ports have dropped significantly, and the inventory of coke companies has increased slightly. In particular, the supply of top-loading coke and dry quenching is still in short supply. In addition, Shandong's “coal-based production” policy and the environmental protection and production restrictions of some coke companies in Shanxi and Shandong are still in short supply. The bearish sentiment has weakened, and most steel mills mainly wait and see the market. Industry insiders predict that the domestic metallurgical coke market will continue to operate weakly after the Dragon Boat Festival.
　　
The coking coal market is stable
Last week, the domestic coking coal market was mainly stable, and some regions experienced mixed fluctuations. The mainstream acceptance price of low-sulfur coking coal in Linfen, Shanxi fell by 50 yuan/ton to 1950 yuan/ton. The transaction was good, and the coal mine was basically out of inventory; the price of Changzhi low-sulfur coking coal also fell slightly. The quotations of raw coal imported from Mongolian coal ports have steadily dropped by 10 yuan/ton to 20 yuan/ton, and the customs clearance volume affected by the epidemic is still not high. With the increase in safety inspections, coal supply has declined, and it is expected that the domestic coking coal market will remain stable in the near future.
　　

Ferroalloy prices have risen overall

Last week, the market price of ferroalloys rose overall. In terms of common alloys, the prices of ferrosilicon and silicomanganese slowed down, and the prices of high-carbon ferrochromium rose slightly; for special alloys, the prices of vanadium series rose slightly, and the prices of ferromolybdenum rose sharply.